Company: WELNF
Filing Date: 2025-10-31
Form Type: PRE 14A
Source: 0001104659-25-104954
Chunk: 72

Company: Integrated Wellness Acquisition Corp
Filing Date: 2025-10-31
Form: PRE 14A
Chunk 72
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will only be presented at the Meeting in the event that there are insufficient tabulated votes for, or otherwise in connection with, the
approval of the other proposals.

Consequences if the Adjournment Proposal is Not Approved

If the Adjournment Proposal
is not approved by our shareholders, our Board may not be able to adjourn the Meeting in the scenarios outlined above.

Full Text of the Resolution to be Approved

“RESOLVED, as an ordinary
resolution, that the adjournment of the general meeting to a later date or dates to be determined by the chairman of the general meeting
to permit further solicitation of proxies be confirmed, adopted, approved and ratified in all respects.”

Vote Required for Approval

The approval of the Adjournment
Proposal requires an ordinary resolution being the affirmative vote of holders of a simple majority of the votes cast by shareholders
represented at the Meeting who, being entitled to do so, vote in person or by proxy thereon. Abstentions or the failure to vote on the
Adjournment Proposal will not have an effect on the Adjournment Proposal, assuming a quorum is present.

Recommendation of the Board

OUR BOARD UNANIMOUSLY RECOMMENDS THAT OUR SHAREHOLDERS VOTE “FOR” THE ADJOURNMENT PROPOSAL.

<div align='center'>47

UNITED STATES FEDERAL INCOME TAX CONSIDERATIONS FOR
SHAREHOLDERS EXERCISING REDEMPTION RIGHTS</div>

The following is a summary
of the material U.S. federal income tax consequences to the Company’s shareholders with respect to the exercise of redemption rights
in connection with the approval of the M&A Amendment Proposals. Because the components of each unit are separable at the option of
the holder, the holder of a unit generally should be treated, for U.S. federal income tax purposes, as the owner of the underlying public
share and warrant components of the unit. This summary is based upon the Internal Revenue Code of 1986, as amended (the “Code”),
the regulations promulgated by the U.S. Treasury Department, current administrative interpretations and practices of the Internal Revenue
Services (the “IRS”) (including administrative interpretations and practices expressed in private letter rulings which
are binding on the IRS only with respect to the particular taxpayers who requested and received those rulings) and judicial decisions,
all as currently in effect and all of which are subject to differing interpretations or to change, possibly with retroactive effect. No