Company: WELNF
Filing Date: 2025-10-31
Form Type: PRE 14A
Source: 0001104659-25-104954
Chunk: 62

Company: Integrated Wellness Acquisition Corp
Filing Date: 2025-10-31
Form: PRE 14A
Chunk 62
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 approved by the shareholders, none of these proposals will take effect.Notwithstanding shareholder approval of the M&A Amendments, our Board will retain
the right to abandon and not implement the M&A Amendments at any time before the implementation thereof without any further action
by our shareholders.

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Full Text of the Resolution to be Approved

“RESOLVED, as a special resolution,
that subject to the approval of the Liquidation Amendment Proposal and the Redemption Limitation Amendment Proposal, with effect from
the date that the directors of the Company determine in their sole discretion, the date by which the Company would be required to consummate
a business combination be extended to March 16, 2026 (or such earlier date as determined by our Board in its sole discretion) and
each amendment to the amended and restated memorandum and articles of association of the Company as amended and currently in effect set
forth in to the proxy statement, be and is hereby adopted.”

Vote Required for Approval

The affirmative vote of at
least two-thirds of the votes cast by shareholders represented at the Meeting who, being entitled to do so, vote in person or by proxy
thereon is required to approve the Extension Amendment Proposal. Abstentions or the failure to vote on the Extension Amendment Proposal
will not have an effect on the Extension Amendment Proposal, assuming a quorum is present.

Recommendation of the Board

OUR BOARD UNANIMOUSLY RECOMMENDS THAT OUR SHAREHOLDERS VOTE “FOR” THE EXTENSION AMENDMENT PROPOSAL.

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PROPOSAL 2: THE LIQUIDATION AMENDMENT PROPOSAL</div>

The proposed Liquidation
Amendment would amend the Company’s M&A to permit our Board, in its sole discretion, to elect to wind up our operations on,
or on a date earlier than March 16, 2026 (including prior to December 15, 2025) as determined by our Board. The complete text
of the proposed amendment is attached to this proxy statement as Annex A. All shareholders are encouraged to read the proposed amendment
in its entirety for a more complete description of its terms.

Reasons for the Proposed Liquidation Amendment

The Company is proposing
to amend its M&A to permit our Board to elect to wind up our operations on, or on an earlier date than, March 16, 2026 (including
prior to December 15, 2025) and liquidate