Company: WELNF
Filing Date: 2025-12-04
Form Type: DEFA14A
Source: 0001104659-25-118484
Chunk: 26

Company: Integrated Wellness Acquisition Corp
Filing Date: 2025-12-04
Form: DEFA14A
Chunk 26
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 subject to possible redemption           | ​ | ​ | -36,721,262 |
| Class A ordinary shares subject to possible redemption, December 31, 2024          | ​ | ​ |   3,469,968 |
| Class A ordinary shares subject to possible redemption, December 31, 2024          | ​ | ​ |  14,215,318 |
| Re-measurement of Class A ordinary shares subject to possible redemption           | ​ | ​ |     273,217 |
| Class A ordinary shares subject to possible redemption, March 31, 2025             | ​ | $ |  14,488,535 |
| Re-measurement of Class A ordinary shares subject to possible redemption           | ​ | ​ |     276,684 |
| Class A ordinary shares subject to possible redemption, June 30, 2025              | ​ | $ |  14,765,219 |
| Re-measurement of Class A ordinary shares subject to possible redemption           | ​ | ​ |     279,420 |
| Class A ordinary shares subject to possible redemption, September 30, 2025         | ​ | $ |  15,044,640 |

​

Net Income (Loss) Per Ordinary Share

The condensed consolidated
statements of operations include a presentation of income (loss) per Class A redeemable ordinary share and loss per Class B non-redeemable
ordinary share following the two-class method of income per ordinary share. In order to determine the net income (loss) attributable to
both the Class A redeemable ordinary shares and Class B non-redeemable ordinary shares, the Company first considered the total income
(loss) allocable to both sets of shares.

This is calculated using the
total net income (loss) less any dividends paid. For purposes of calculating net income (loss) per share, any remeasurement of the Class
A ordinary shares subject to possible redemption was treated as dividends paid to the public shareholders. Subsequent to calculating the
total income (loss) allocable to both classes of shares, the Company split the amount to be allocated using the weighted average shares
outstanding for the Class A redeemable ordinary shares and the Class B non-redeemable ordinary shares for the three and nine months ended
September 30, 2025 and 2024, reflective of the respective participation rights.

The following tables reflect
the calculation of basic and diluted net income (loss) per ordinary share for the three and nine