Company: WELNF
Filing Date: 2025-11-12
Form Type: DEFM14A
Source: 0001104659-25-109577
Chunk: 74

Company: Integrated Wellness Acquisition Corp
Filing Date: 2025-11-12
Form: DEFM14A
Chunk 74
---
 elsewhere in this proxy statement/consent solicitation statement/prospectus.

### The Business Combination Agreement

#### General Terms and Effects
On August 26, 2024, IWAC and Btab entered into an Amended and Restated Business Combination Agreement (the “

### Business Combination Agreement
”) with Pubco, Purchaser Merger Sub, 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 The Business Combination Agreement amended, restated and superseded the Original Business Combination Agreement.

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TABLE OF CONTENTS

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 IWAC and Btab, on the Closing Date of the consummation of the Business Combination and following the Domestication: (a) Purchaser Merger Sub will merge with and into IWAC (the “

#### Purchaser Merger
”), with IWAC as the surviving company in the Purchaser Merger (the time at which the Purchaser Merger becomes effective is referred to herein as the “

#### Purchaser Merger Effective Time
”) and, as a result of the Purchaser Merger, IWAC will become a wholly owned subsidiary of Pubco with the security holders of IWAC receiving securities of Pubco with terms substantially equivalent to the terms of their securities of IWAC, and (b) Company Merger Sub will merge with and into Btab (the “

#### Company Merger
” and together with the Purchaser Merger, the “

#### Mergers
”), with Btab as the surviving company in the Company Merger (the time at which the Company Merger becomes effective is referred to herein as the “

#### Company Merger Effective Time
”) and, as a result of the Company Merger, Btab will become a wholly owned Subsidiary of Pubco. Upon the consummation of the Busines Combination, Pubco expects to be renamed “Btab Ecommerce Holdings, Inc.”

#### Pre-Closing Recapitalization and Domestication
At least one day prior to the Closing Date, IWAC will transfer by way of continuation from the Cayman Islands to Delaware and domesticate as a Delaware corporation in accordance with Section 388 of the General Corporation Law of the State of Delaware (the “

#### DGCL
”) and Part XII