Company: WELNF
Filing Date: 2025-10-31
Form Type: PRE 14A
Source: 0001104659-25-104954
Chunk: 5

Company: Integrated Wellness Acquisition Corp
Filing Date: 2025-10-31
Form: PRE 14A
Chunk 5
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 the related right of the Company shareholders to redeem in connection with the Business Combination (which is a separate right to redeem in addition to the right to redeem in connection with the M&A Amendment Proposals), is the subject of a separate proxy statement/prospectus. If you want to ensure your Public Shares are redeemed in the event the M&A Amendments are approved at the Meeting, you should elect to “redeem” your Public Shares in connection with the Meeting.

On May 30, 2024, the
Company entered into a Business Combination Agreement (the “Original Business Combination Agreement”) with IWAC Georgia
Merger Sub, Inc., a Georgia corporation and a wholly owned subsidiary of the Company, and Btab Ecommerce Group, Inc., a Georgia
corporation (“Btab”).

On August 26, 2024,
the Company and Btab entered into an Amended and Restated Business Combination Agreement (the “Business Combination Agreement”)
with IWAC Holding Company Inc., a Delaware corporation, a wholly-owned subsidiary of the Company (“Pubco”), IWAC
Purchaser Merger Sub II Inc., a Delaware corporation and a wholly-owned subsidiary of Pubco (“Purchaser Merger Sub”), IWAC
Company Merger Sub Inc., a Georgia corporation and a wholly-owned subsidiary of Pubco (“Company Merger Sub”), and acknowledging
and agreeing solely with respect to Section 2.1(a)(ii) thereof, Binson Lau. The Business Combination Agreement amended, restated
and superseded the Original Business Combination Agreement. Pursuant to the Business Combination Agreement, the Business Combination will
be effected in two steps. Subject to the approval and adoption of the Business Combination Agreement by the shareholders of the Company
and Btab, on the date of the consummation of the Business Combination and following the Company’s transfer by way of continuation
from the Cayman Islands to Delaware in accordance with Section 388 of the General Corporation Law of the State of Delaware and Part XII
of the Cayman Islands Companies Act (Revised) (the “Domestication”): (a) Purchaser Merger Sub will merge with
and into IWAC (the “Purchaser Merger”), with the Company as the surviving company in the Purchaser Merger and, as a
result of the Purchaser Merger, the Company will become a wholly owned Subsidiary of Pubco with the security holders of the Company receiving
securities of Pubco with terms substantially equivalent to the terms of