Company: WELNF
Filing Date: 2025-11-12
Form Type: DEFM14A
Source: 0001104659-25-109577
Chunk: 574

Company: Integrated Wellness Acquisition Corp
Filing Date: 2025-11-12
Form: DEFM14A
Chunk 574
---
 ​                              | $ |  14,220,459 | ​ | ​ | ​ | ​    | $ |  47,474,178 | ​ | ​ |
| Supplemental Disclosure of Non-cash Financing Activities:                            | ​ | ​ | ​                              | ​ |           ​ | ​ | ​ | ​ | ​    | ​ |           ​ | ​ | ​ |
| Accretion of Class A ordinary shares subject to possible redemption                  | ​ | ​ | ​                              | $ |   3,469,969 | ​ | ​ | ​ | ​    | $ |   6,099,375 | ​ | ​ |
| Transfer of Due to Suntone amounts to Promissory Note – Suntone                      | ​ | ​ | ​                              | $ |   1,533,284 | ​ | ​ | ​ | ​    | $ |           — | ​ | ​ |
| Due to Suntone                                                                       | ​ | ​ | ​                              | $ |           — | ​ | ​ | ​ | ​    | $ |     566,390 | ​ | ​ |

The accompanying notes are an integral part of these consolidated financial statements. F-38

TABLE OF CONTENTS

### INTEGRATED WELLNESS ACQUISITION CORP

### NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

### NOTE 1 — ORGANIZATION AND BUSINESS OPERATIONS

#### Organization and General
Integrated Wellness Acquisition Corp (the “Company” or “IWAC”) is a blank check company incorporated in the Cayman Islands as an exempted company on July 7, 2021. The Company was incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses (“Business Combination”). The Company is an “emerging growth company,” as defined in Section 2(a) of the Securities Act of 1933, as amended (the “Securities Act”), as modified by the Jumpstart Our Business Startups Act of 2012 (the “JOBS Act”). IWAC Holding Company Inc., a Delaware corporation, a wholly — owned subsidiary of the Company (“Pubco”) was incorporated on August 8, 2024. IWAC Purchaser Merger Sub II Inc., a Delaware corporation and wholly owned subsidiary of Pubco (“Purchaser Merger Sub”) was incorporated on August 9, 2024. IWAC Company