Company: WELNF
Filing Date: 2025-11-12
Form Type: DEFM14A
Source: 0001104659-25-109577
Chunk: 52

Company: Integrated Wellness Acquisition Corp
Filing Date: 2025-11-12
Form: DEFM14A
Chunk 52
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 from the approval of the Charter Proposal). Furthermore, the Business Combination is not conditioned on the separate approval of the Organizational Documents Proposals (separate and apart from approval of the Charter Proposal). Pursuant to the Sponsor Letter Agreement, the Current Sponsor has agreed to vote shares representing approximately 49.3% of the aggregate voting power of the IWAC ordinary shares in favor of the Organizational Documents Proposals.

The Incentive Plan Proposal: The approval of the Incentive Plan Proposal requires an ordinary resolution, being the affirmative vote of the holders of a simple majority of the ordinary shares who, being present in person (including virtually) or represented by proxy and entitled to vote at the Extraordinary General Meeting, vote at the Extraordinary General Meeting. The Incentive Plan Proposal is conditioned on the approval of the Domestication Proposal, the Business Combination Proposal, and the Charter Proposal. Therefore, if any of those proposals are not approved, the Incentive Plan Proposal will have no effect, even if approved by IWAC’s shareholders. Pursuant to the Sponsor Letter Agreement, the Current Sponsor has agreed to vote shares representing approximately 49.3% of the aggregate voting power of the IWAC ordinary shares in favor of the Incentive Plan Proposal.

The Director Election Proposal: The approval of the Director Election Proposal requires an ordinary resolution, being the affirmative vote of the holders of a simple majority of the ordinary shares who, being present in person (including virtually) or represented by proxy and entitled to vote at the Extraordinary General Meeting, vote at the Extraordinary General Meeting. The Director Election Proposal is conditioned on the approval of the Business Combination Proposal, the Domestication Proposal, and the Charter Proposal. Therefore, if any of those proposals are not approved, the Director Election Proposal will have no effect, even if approved by IWAC’s shareholders. Pursuant to the Sponsor Letter Agreement, the Current Sponsor has agreed to vote shares representing approximately 49.3 % of the aggregate voting power of the IWAC ordinary shares in favor of the Director Election Proposal.

The Adjournment Proposal: The approval of the Adjournment Proposal requires an ordinary resolution under Cayman Islands law, being the affirmative vote of the holders of a simple majority of the ordinary shares who, being present in person (including virtually) or represented by proxy and entitled to vote at the Meeting, vote at the Meeting. The Adjournment Proposal is not conditioned upon any other Proposal.

None of the proposals are conditioned on the approval of at least a majority of the unaff