Company: WELNF
Filing Date: 2025-11-12
Form Type: DEFM14A
Source: 0001104659-25-109577
Chunk: 217

Company: Integrated Wellness Acquisition Corp
Filing Date: 2025-11-12
Form: DEFM14A
Chunk 217
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 $0.3 million that are specific incremental costs directly attributable to the offering of securities associated with the Closing of the Business Combination, as well as transaction costs of $0.1 million that were incurred in connection with the Business Combination but that are not directly attributable to the offering of securities. The $0.3 million in costs that are specific incremental costs directly attributable to the offering of securities is recorded as a reduction to additional paid-in capital and the $0.1 million in costs that are not directly attributable to the offering of securities is recorded as an addition to the accumulated deficit.

(n)

To reflect the additional capital contribution required to meet the Nasdaq Capital Market’s minimum stockholder’s equity requirement of $5 million.

(o)

To reflect, in the Maximum Redemption Scenario, the additional capital contribution required to meet the Nasdaq Capital Market’s minimum stockholder’s equity requirement of $5 million, which is after considering the redemptions under 3(l).

(p)

To reflect the repayment of the remaining IWAC accounts payable to the Prior Sponsor and Current Sponsor.

(q)

To reclassify deferred offering costs to additional paid in capital

#### 4.
**Adjustments to the Unaudited Pro Forma Condensed Combined Statements of Operations for the three months ended June 30, 2025**

**The pro forma notes and adjustments, based on preliminary estimates that could change materially as additional information is obtained, are as follows:

Pro Forma Transaction Accounting Adjustments:**

(a)

To reflect the removal of the previously recognized realized earnings and dividend income from IWAC’s marketable securities held in the Trust Account which will be released upon the Closing of the Business Combination.

(b)

The pro forma basic and diluted net loss per share amounts are computed using the two-class method required for companies with multiple classes of common stock, which determines net loss per common share for each class of common stock according to dividends declared or accumulated and participation rights in distributed and undistributed earnings or losses. The pro forma weighted average shares outstanding presented in the unaudited pro forma condensed combined statements of operations are based upon the number of Pubco shares outstanding at the Closing of the Business Combination, assuming the Business Combination occurred on January 1, 2024.

#### 5.
**Adjustments to the Unaudited Pro Forma Condensed Combined Statements of Operations for the Year ended December 31, 2024**

**The pro forma notes and adjustments, based on preliminary estimates that could change materially as additional information is obtained, are as follows:

Pro Forma Transaction