Company: WELNF
Filing Date: 2025-11-12
Form Type: DEFM14A
Source: 0001104659-25-109577
Chunk: 290

Company: Integrated Wellness Acquisition Corp
Filing Date: 2025-11-12
Form: DEFM14A
Chunk 290
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 outstanding, Btab shall not, either directly or indirectly, take any of the following actions without the affirmative vote of the majority of then-outstanding Btab Convertible Preferred Shares: (1) liquidate Btab or effect any merger, (2) amend the Btab Charter in a manner adversely affecting the rights, powers and preferences of Btab Convertible Preferred Shares, (3) create or issue additional shares of capital stock other than shares of Common Stock of Btab, (4) incur indebtedness in excess of $2 million, (5) enter into or create or assume liens of any kind with respect to any of Btab’s property, (6) enter into any transaction resulting in issuance of in excess of 10% of Btab’s then-issued and outstanding shares of common stock and (7) enter into any transaction resulting in the sale of material assets of Btab. | ​ | ​ | Section 7.01 of the Proposed Charter provides that, except as otherwise required by law and subject to the rights, if any, of the holders of any outstanding series of preferred stock, special meetings of stockholders of the Company may be called only by the Pubco Board pursuant to a resolution adopted by a majority of the Company Board, or at the request of the holders of Class V Stock. 
 Section 8.02 of the Proposed Charter requires the approval of at least two thirds of the voting power of the shares then outstanding to adopt, amend, alter or repeal the Proposed Bylaws (which includes the Class V Stock).                                                                                                                                                                         | ​ |

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TABLE OF CONTENTS

| Provision          | ​ | ​ | Btab Charter/Btab Bylaws/GeorgiaBusiness Corporate Code                                                                                                                                                                                                                                                                                                                                          | ​ | ​ | Proposed Charter/Proposed Bylaws/Delaware General Corporate Law                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | ​ |
| Charter Amendments | ​ | ​ | Sections 14-2-1002 and 14-2-1003 of the GBCC, with certain limited exceptions, require the approval of both the Board of Directors and a majority of the shareholders of each voting group entitled to vote to amend a company’s charter.                                                                                                                                                        
 Article Five, Section 5.2 of the Btab Charter provides that, for so long as at least 50% of the number of shares of Btab Convertible Preferred Shares originally issued remain outstanding, Btab shall not amend, alter or repeal any provision of the Btab Charter or Btab Bylaws without the affirmative vote or written consent of a