Company: WELNF
Filing Date: 2025-11-12
Form Type: DEFM14A
Source: 0001104659-25-109577
Chunk: 625

Company: Integrated Wellness Acquisition Corp
Filing Date: 2025-11-12
Form: DEFM14A
Chunk 625
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 one customer made up 10% or more of total sales, and in aggregate 10.6% (approximately $0.24 million) of total sales. During the period ended June 30, 2024, one customer made up 10.6% of total sales (approximately $0.2 million).

During the six months ended June 30, 2025, two suppliers each made up 10% or more of purchases with approximately $0.26 million or 25.9% of total purchases. During the period ended June 30, 2024, four suppliers each made up 10% or more of purchases with approximately $0.7 million or 43.9% of total purchases.

As on June 30, 2025, two suppliers made up 10% or more of accounts payable, and in aggregate 21.2% (approximately $0.1 million) of accounts payable and accrued liabilities. As on December 31, 2024, two suppliers made up 10% or more of accounts payable, and in aggregate 46.2% (approximately $0.5 million) of accounts payable and accrued liabilities.

On June 30, 2025 two customers made up 10% or more of accounts receivable with approximately 0.1 million or 29.6%. On December 31, 2024 one customer made up 10% or more of accounts receivable with approximately 0.1 million or 49.2%.

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TABLE OF CONTENTS

#### BTAB ECOMMERCE GROUP, INC. AND SUBSIDIARIES

### NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
NOTE 4 — CONCENTRATION OF CREDIT RISK AND FINANCIAL RISK MANAGEMENT 
 (continued)

Financial risk management objectives and policies

The Company is exposed to various financial risks resulting from its operations. The Company’s management, with the Board of Directors’ oversight, manages financial risks. Material risks are reviewed, mitigated, and monitored by management and governance through business strategies from their experience and use of industry, regulatory and other professional advisors.

Financial risks

The Company’s main financial risk exposure and its financial risk management policies are as follows:

•

#### Credit risk —
The risk of loss associated with a counter-party’s inability to fulfill its payment obligations. Credit risk is limited to the carrying value amount on the balance sheet. There was $238,179 receivable balance