Company: WELNF
Filing Date: 2025-12-04
Form Type: DEFA14A
Source: 0001104659-25-118484
Chunk: 16

Company: Integrated Wellness Acquisition Corp
Filing Date: 2025-12-04
Form: DEFA14A
Chunk 16
---
 special resolution the Company’s amended and restated memorandum and articles
of association, as amended (the “Third Charter Amendment”), to extend the date by which the Company has to consummate an initial
business combination from December 13, 2024 to December 15, 2025 (or such earlier date as determined by the Company’s board of directors
in its sole discretion) was approved. The Company extended the date by which it must consummate an initial business combination by an
additional twelve months until December 15, 2025 (the “Termination Date”) provided additional extension payments are made
each month. As of November 25, 2025, the Company has exercised twelve (12) additional one-month extension periods, depositing an aggregate
of $640,160 into the Trust Account, thereby extending the time by which the Company must complete an initial business combination to December
15, 2025. Three payments were made after September 30, 2025.

In connection with the December
2024 Meeting, holders of 3,069,636 of the Company’s Class A ordinary shares exercised their right to redeem such shares for a pro
rata portion of the funds in the Trust Account. As a result, $36,721,262 was removed from the Trust Account on December 13, 2024 to pay
such holders.

If the Company is unable to
complete a Business Combination by the Termination Date, the Company will (i) cease all operations except for the purpose of winding
up, (ii) as promptly as reasonably possible but not more than ten business days thereafter, redeem the Public Shares, at a per-share
price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account including interest earned on the funds held
in the Trust Account and not previously released to the Company to pay its tax obligations (less up to $100,000 of interest to pay dissolution
expenses, which interest shall be net of taxes payable), divided by the number of then outstanding Public Shares, which redemption will
completely extinguish public shareholders rights as shareholders (including the right to receive further liquidating distributions, if
any), and (iii) as promptly as reasonably possible following such redemption, subject to the approval of the Company’s remaining
shareholders and the Company’s board of directors, dissolve and liquidate, subject in each case to the Company’s obligations
under Cayman Islands law to provide for claims of creditors and the requirements of other applicable