Company: WELNF
Filing Date: 2025-10-31
Form Type: PRE 14A
Source: 0001104659-25-104954
Chunk: 30

Company: Integrated Wellness Acquisition Corp
Filing Date: 2025-10-31
Form: PRE 14A
Chunk 30
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When you consider the recommendation
of our Board, you should keep in mind that our Sponsor, directors and officers have interests in the proposals that may be different from,
or in addition to, your interests as a shareholder. These interests include, among other things, the interests listed below.

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| · | If an initial business combination is not consummated by December 15, 2025, the Company will cease all operations except for the purpose of winding up, redeeming 100% of the issued and outstanding Public Shares for cash and, subject to the approval of its remaining shareholders and its Board, dissolving and liquidating. In such event, the 2,012,500 Ordinary Shares held by the  Sponsor and the Company’s directors and officers, would be worthless because they are not entitled to participate in any Redemption or distribution with respect to such shares. Such shares had an aggregate market value of approximately $[  ] million based upon the closing price of the Company’s Ordinary Shares of $[ ] per share on the OTC Markets on [ ], 2025, despite having been purchased for an aggregate of $25,000. As a result, the Sponsor and the Company’s directors and officers are likely to be able to recoup their investment in the Company and make a substantial profit on that investment, even if Public Shares have lost significant value. This means that the Sponsor and the Company’s directors and officers could earn a positive rate of return on their investment, even if the public shareholders experience a negative rate of return in the post-business combination company. Accordingly, the Company’s management team, which owns an interest in the Sponsor, may have an economic incentive that differs from that of the public shareholders to pursue and consummate an initial business combination rather than to liquidate and to return all of the cash in the Trust Account to the public shareholders, even if that business combination were with a less favorable target company or on terms less favorable to shareholders rather than liquidate. |

| · | The Sponsor owns an aggregate of 4,795,000 Private Placement Warrants with an aggregate market value of $[  ] based upon the closing price of the Company’s Warrants of $[ ] per warrant on the OTC Markets on [  ], 2025. If the Company is unable to complete a business combination by December 15, 2025, the Private Placement Warrants will expire worthless and the Sponsor will be unable to recoup its investment in the Company. Accordingly,