Company: WELNF
Filing Date: 2025-11-12
Form Type: DEFM14A
Source: 0001104659-25-109577
Chunk: 531

Company: Integrated Wellness Acquisition Corp
Filing Date: 2025-11-12
Form: DEFM14A
Chunk 531
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 period plus dilutive potential common shares calculated using the treasury stock method. Such potentially dilutive shares are excluded when the effect would be to reduce a net loss per share. For purposes of basic and diluted per share computations, loss from continuing operations and net loss are reduced by the down round adjustments for convertible preferred stock and warrants. There are no potential dilutive shares as of December 31, 2024. The following table sets forth the computation of basic and diluted net income per share:

| ​                                                         | ​ | ​ | Year EndedDecember 31 2024 |   |        |   | ​ |
|:----------------------------------------------------------|:--|:--|:---------------------------|:--|-------:|:--|:--|
| Net loss attributable to the common stockholders          | ​ | ​ | ​                          | ​ | 32,021 | ​ | ​ |
| Basic weighted average outstanding shares of common stock | ​ | ​ | ​                          | ​ |  1,000 | ​ | ​ |
| Loss per Share:                                           | ​ | ​ | ​                          | ​ |      ​ | ​ | ​ |
| Basic and diluted                                         | ​ | ​ | ​                          | ​ | -32.02 | ​ | ​ |

5. Income Taxes At December 31, 2024, net operating loss carry forwards for Federal and state income tax purposes totaling approximately $6,724 available to reduce future income which under the Tax Cuts and Jobs Act of 2018, allows for an indefinite carryforward period, with carryforwards limited to 80% of each subsequent year’s net income. There is no income tax affect due to the recognition of a full valuation allowance on the expected tax benefits of future loss carry forwards based on uncertainty surrounding realization of such assets. A reconciliation of the statutory income tax rates and the effective tax rate is as follows:

| ​                                        | ​ | ​ | Year EndedDecember 31, 2024 |   |         |   | ​ |
|:-----------------------------------------|:--|:--|:----------------------------|:--|:--------|:--|:--|
| Statutory U.S. federal rate              | ​ | ​ | ​                           | ​ | 21.0%   | ​ | ​ |
| State income tax, net of federal benefit | ​ | ​ | ​                           | ​ | 7.0%    | ​ | ​ |
| Permanent differences                    | ​ | ​ | ​                           | ​ | —       | ​ |