Company: WELNF
Filing Date: 2025-11-17
Form Type: DEF 14A
Source: 0001104659-25-113213
Chunk: 41

Company: Integrated Wellness Acquisition Corp
Filing Date: 2025-11-17
Form: DEF 14A
Chunk 41
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 warrants will expire worthless. This will also cause you to lose any potential
investment opportunity in a target company and the chance of realizing future gains on your investment through any price appreciation
in the combined company.

Changes in laws or regulations, or a failure to comply with any laws and regulations, may adversely affect our business, including our ability to negotiate and complete our initial business combination, and results of operations.

We
are subject to laws and regulations enacted by national, regional and local governments. In particular, we are required to comply with
certain SEC and other legal requirements and numerous complex tax laws. Compliance with, and monitoring of, applicable laws and regulations
may be difficult, time consuming and costly. Those laws and regulations and their interpretation and application may also change from
time to time and those changes could have a material adverse effect on our business, investments and results of operations. In addition,
a failure to comply with applicable laws or regulations, as interpreted and applied, could have a material adverse effect on our business,
including our ability to complete our initial Business Combination, and results of operations.

If our initial business combination involves a company organized under the laws of a state of the United States, it is possible a 1% U.S. federal excise tax will be imposed on us in connection with redemptions of our ordinary shares after or in connection with such initial business combination.

On
August 16, 2022, the Inflation Reduction Act of 2022 became law in the United States, which, among other things, imposes a 1% excise
tax on the fair market value of certain repurchases (including certain redemptions) of stock by publicly traded domestic (i.e., United
States) corporations (and certain non-U.S. corporations treated as “surrogate foreign corporations”). The excise tax applies
to stock repurchases occurring in 2023 and beyond. The amount of the excise tax is generally 1% of the fair market value of the shares
of stock repurchased at the time of the repurchase. The U.S. Department of the Treasury (the “Treasury Department”)
has been given authority to provide regulations and other guidance to carry out, and prevent the abuse or avoidance of, the excise tax.
In April 2024, the Treasury Department issued proposed regulations providing guidance with respect to the excise tax. Taxpayers may
rely on these proposed regulations until final regulations are issued. Under the proposed regulations, liquidating distributions made
by