Company: WELNF
Filing Date: 2025-11-12
Form Type: DEFM14A
Source: 0001104659-25-109577
Chunk: 291

Company: Integrated Wellness Acquisition Corp
Filing Date: 2025-11-12
Form: DEFM14A
Chunk 291
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 majority of the Btab Convertible Preferred Shareholders. | ​ | ​ | Article IX of the Proposed Charter provides that an amendment shall be in accordance with the DGCL, which, under Section 242(b)(2) thereof, generally requires (1) the approval of the Company Board, (2) the approval of the holders of a majority of the voting power of the outstanding stock entitled to vote upon the proposed amendment and (3) the approval of the holders of a majority of the outstanding stock of any class entitled to vote thereon as a class, if any.                                                                                                             
 Section 242(d)(1) of the DGCL also allows for directors to, without a meeting of the stockholders, (1) delete names and addresses of initial directors, registered agents, incorporators, the initial principal mailing address of the company, and provisions contained in any amendment to the certificate of incorporation as were necessary to effect such amendment, and (2) reclassify by subdividing issued shares of a class of stock into a greater number of issued shares provided the corporation has only 1 class of stock outstanding and such class is not divided into series. | ​ |
| Preemptive Rights  | ​ | ​ | No holder of Btab Common Shares has a right to purchase Btab Common Shares upon any future issuance.                                                                                                                                                                                                                                                                                             | ​ | ​ | Preemptive rights must be expressly provided in the Proposed Charter under Section 102 of the DGCL. The Proposed Charter does not provide preemptive rights, accordingly no shares of Pubco Class A common stock will have preemptive rights to purchase additional shares of Pubco Class A common stock.                                                                                                                                                                                                                                                                                      | ​ |

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TABLE OF CONTENTS

| Provision                                                                                                      | ​ | ​ | Btab Charter/Btab Bylaws/GeorgiaBusiness Corporate Code                                                                                                                                                                                                                                                                                                                                                                                                                                   | ​ | ​ | Proposed Charter/Proposed Bylaws/Delaware General Corporate Law                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         | ​ |
| Merger, Consolidations, or Sales of Substantially All Assets                                                   | ​ | ​ | Sections 14-2-1101 and 14-2-1103 of the GBCC require approval of both the Board and, with certain limited exceptions, a majority of the shares of a company for a merger. Similarly, Section 14-2-1202 of the GBCC requires approval of both the Board and a majority of the shares for a sale of substantially all assets.                                                                                                                                                               
 Article Five, Section 5.2.1 of the B