Company: WELNF
Filing Date: 2025-11-12
Form Type: DEFM14A
Source: 0001104659-25-109577
Chunk: 296

Company: Integrated Wellness Acquisition Corp
Filing Date: 2025-11-12
Form: DEFM14A
Chunk 296
---
 provision shall eliminate or limit the liability of a director for any act or omission occurring prior to the date when such provision becomes effective.                                                                                                                                                                                                                                                                                                                                                                                                                                                                             | ​ | ​ | any action by or in the right of such corporation.                                                                                                                                                                                                                                                                                                                        | ​ |
| Dividends   | ​ | ​ | Article Five of the Btab Charter provides that dividends shall be payable quarterly in cash, and that no dividends shall be declared unless Btab Convertible Preferred Shares first receives a dividend in an amount equal to the greater of (1) any amount of declared dividends then accrued on such Btab Convertible Preferred Shares and not previously paid and (2) the dividend per share payable for each Btab Common Share multiplied by the number of Btab Common Shares issuable to the Btab Convertible Preferred Shareholders upon conversion.                                                                                                                                            | ​ | ​ | Section 4.02 of the Proposed Charter provides that all shares of Pubco Common Stock shall be of equal rank and identical with respect to rights to dividends approved by the Pubco Board.                                                                                                                                                                                 | ​ |
| Liquidation | ​ | ​ | Article Five, Section 4.1 of the Btab Charter provides that holders of Btab Convertible Preferred Shares shall be entitled to be paid out of the assets of Btab available for distribution before any payment made to holders of Btab Common Shares. If insufficient to fully pay out holders of Btab Convertible Preferred Shares, the holders of such shares shall ratably share in any distribution of the assets available for distribution. Thereafter, under Section 4.2, the remaining assets will be distributed to each Btab Shareholder pro rata as if each share had been converted to Btab Common Shares pursuant to the terms of the Btab Charter immediately prior to such liquidation. | ​ | ​ | Section 4.02(b) of the Proposed Charter provides that, subject to express terms of any outstanding Pubco preferred stock, in the event of a liquidation the holders of Common Stock and Pubco Class V Shares shall be entitled to the distribution of remaining assets available ratably in proportion to the total number of shares of each then issued and outstanding. | ​ |

153

TABLE OF CONTENTS

| Provision       | ​ | ​ | Btab Charter/Btab Bylaws/GeorgiaBusiness Corporate Code                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | ​ | ​ | Proposed Charter/Proposed Bylaws/Delaware General Corporate Law                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 | ​ |
| Exclusive Forum | ​ | ​ | The B