Company: WELNF
Filing Date: 2025-11-12
Form Type: DEFM14A
Source: 0001104659-25-109577
Chunk: 729

Company: Integrated Wellness Acquisition Corp
Filing Date: 2025-11-12
Form: DEFM14A
Chunk 729
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 OF CONTENTS

“ Unpaid Purchaser Expenses ” means the Purchaser Expenses that are unpaid as of immediately prior to the Closing.

“ Unpaid Expenses ” means all Unpaid Company Expenses and all Unpaid Purchaser Expenses.

“ WARN ” means the Worker Adjustment Retraining and Notification Act of 1988, as well as analogous applicable state or local Laws.

“ Warrant Agreement ” means that certain Warrant Agreement, dated as of December 8, 2021, by and between Purchaser and Continental, as warrant agent.

“ Willful Breach ” means a material breach that is a consequence of an act undertaken or a failure to act by the breaching party with the knowledge that the taking of such act or such failure to act would, or would reasonably be expected to, constitute or result in a breach of this Agreement.

#### ARTICLE 2MERGERS
Section 2.1 Closing Transactions . On the terms and subject to the conditions set forth in this Agreement, the following transactions shall occur in the order set forth in this Section 2.1 :

(a) Company Reorganization. On the Closing Date, prior to the Company Merger Effective Time:

(i) the Company shall file an amendment to its articles of incorporation (the “ Company Charter Amendment ”), which amendment shall, among other things, create the Company Class V Shares, and

(ii) after the effectiveness of the filing of the Company Charter Amendment, but prior to the Company Merger Effective Time, Binson Lau shall, as evidenced by his signature to this Agreement acknowledging the terms of this Section 2.1(a)(ii ), exchange (x) all of his Company Preferred Shares plus (y) such number of his Company Common Shares, but no more than 100,000 Company Common Shares, as will result in the issuance to Binson Lau in the exchange based on the final merger exchange ratio of 100,000 Company Class V Shares, and, upon such exchange, all Company Preferred Shares shall be terminated, extinguished and cancelled in full (the transactions in clauses (i) and (ii) above, collectively, the “ Company Reorganization ”).

(b) Redemption. On the Closing Date, Purchaser shall redeem each Purchaser Class A Ordinary Share from the Pre-Closing Purchaser Holders who shall have elected to redeem their Purchaser Class A Ordinary Shares in connection with the transactions contemplated hereby pursuant to the Governing Documents of Purchaser.

(c) Recapitalization . At least one day prior to the Closing Date, Purchaser shall