Company: WELNF
Filing Date: 2025-11-12
Form Type: DEFM14A
Source: 0001104659-25-109577
Chunk: 375

Company: Integrated Wellness Acquisition Corp
Filing Date: 2025-11-12
Form: DEFM14A
Chunk 375
---
 for externally sourced furniture lines and expanded procurement through T E Wang Pty Ltd (“TE”). TE was incorporated on December 7, 2001, in Western Australia, Australia. It is in the business of homeware and furniture supplies. These products are sold under the New Idea Furniture brand and distributed through multiple sales channels, including our furniture store, reseller partnerships, and our digital commerce sites, such as https://furnitureperth.net.au, https://products.marketplace.net.au, and https://australiafurniture.xyz. This

<div align='center'>207</div>

TABLE OF CONTENTS

segment leverages Btab’s e-commerce tools, including inventory management and order fulfillment systems, to optimize operations. Specifically, we supply products directly to consumers and to resellers, from third-party manufacturers and wholesalers. With Btab’s platform such as https://homeware.furniture, https://bathroomkitchen.com.au and https://workspace.homeware.furniture, we connect resellers with manufacturers and wholesalers around the world, allowing them to access better deals and a greater product range through our buying power.

#### a.

#### Products and Customers
Our Australia Third-Party Produced Furniture and Home Goods segment focuses on reselling upholstered furniture, case goods, and other home furnishing accessories to resellers and end consumers through both wholesale distribution and digital commerce platforms. TE’s core strength lies in its ability to source, distribute, and optimize the sale of high-quality furniture and home goods. This is achieved through a diverse supplier network, a multi-channel sales strategy, and advanced supply chain management. In addition to traditional wholesale distribution, TE leverages e-commerce platforms to enhance product visibility and drive customer engagement. While e-commerce does not serve as a direct revenue-generating channel, it plays a significant role in supporting overall sales by facilitating customer outreach, product discovery, and lead generation. By integrating digital commerce with traditional sales channels, TE ensures efficient order fulfillment, inventory management, and a seamless customer experience across multiple touchpoints.

#### b.

#### Industry Trends and Market Opportunity
The Australian furniture and home décor market is projected to generate combined revenues of approximately US$14.5 billion in 2025, with an anticipated annual growth rate of 4.5% from 2025 to 2029. The furniture sector is expected to contribute US$12.65 billion (Source: Statista), growing at a CAGR of 4.89%, while the home décor sector is projected at US$1.85 billion (Source: Stat