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

Company: Integrated Wellness Acquisition Corp
Filing Date: 2025-11-17
Form: DEF 14A
Chunk 11
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 believes that in order to be able to consummate
the Business Combination, the Company may need to obtain the Extension. Therefore, the Board has determined that it is in the best interests
of the Company’s shareholders to extend the date by which the Company has to consummate a Business Combination to the Extended Date.
Notwithstanding the foregoing, 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 originally had
15 months from the consummation of our initial public offering, or until March 13, 2023, to consummate our initial business combination.
However, as requested by its prior sponsor and as permitted under its M&A, the Company extended the date by which it must consummate
an initial business combination by an additional three months until June 13, 2023.

On June 2, 2023, the
Company held an extension 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 June 13, 2023 to December 13, 2023 (or such earlier date as determined by
the Board) (the “June 2023 Extension”). On December 11, 2023, the Company held an extension 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, 2023 to December 13, 2024 (or such earlier date as determined by the Board) (the “December 2023 Extension”).

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”).

As a result of the June 2023
Extension, the December 2023 Extension and the December 2024 Extension, and as provided in the M&A, the Company currently
has until December 15, 2025 to complete its Business Combination. While the Company is using its best efforts to complete the Business
Combination as soon as practicable, the Board believes that there may not be sufficient time before the Termination