Company: WELNF
Filing Date: 2025-11-17
Form Type: DEF 14A
Source: 0001104659-25-113213
Chunk: 18

Company: Integrated Wellness Acquisition Corp
Filing Date: 2025-11-17
Form: DEF 14A
Chunk 18
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On December 11, 2024,
the Company held an extraordinary general meeting, at which its shareholders approved, among others, a proposal to extend the date by
which it would be required to consummate a business combination from December 13, 2024 to December 15, 2025 (or such earlier
date as determined by the Board) (the “December 2024 Extension”).

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If the M&A Amendment
Proposals (which are conditioned on each other) are approved and implemented, the Termination Date will be extended as far as March 16,
2026 (or such earlier date as determined by the Board, in its sole discretion). If these proposals are approved and implemented, our Board
may elect, in its sole discretion, to wind up our operations on any date following the adoption of the M&A Amendments, in which case
we will liquidate the Trust Account to redeem all public shares and thereafter liquidate and dissolve in accordance with law. Our Board
believes that it is in the best interests of the shareholders to both continue the Company’s existence as currently permitted under
our M&A until the expiration of the Extension Period and to enable the Company to liquidate the Trust Account and dissolve in accordance
with law and to redeem all public shares following the adoption of the M&A Amendments at any time before or after the current Termination
Date, and prior to the end of the Extension Period. Therefore, the Board is submitting the proposals described in this proxy statement
for the shareholders to vote upon.

The Company will hold a separate
general meeting of its shareholders on December 8, 2025 to approve the Business Combination (the “Business Combination Meeting”).
If the shareholders of the Company approve the Business Combination at the Business Combination Meeting and the other conditions
to the Business Combination are then satisfied or will be satisfied or waived on or before the Termination Date, then the Company intends
to use its best efforts to complete the Business Combination on or before the Termination Date. The Company will cancel the Meeting and
will not implement the Extension if it is able to complete the Business Combination prior to the Meeting. The Company intends to hold
the Meeting to approve all above mentioned proposals, including the Extension Amendment Proposal, and file the proposed amendment to its
M&A only if it has determined that it will not be able to complete the Business Combination on or before the Termination Date. If
the Company does not implement the Extension, it will