Company: WELNF
Filing Date: 2025-11-12
Form Type: DEFM14A
Source: 0001104659-25-109577
Chunk: 40

Company: Integrated Wellness Acquisition Corp
Filing Date: 2025-11-12
Form: DEFM14A
Chunk 40
---
 effect immediately prior to the Domestication. At a moment in time after the effectiveness of the Domestication and before the closing of the Business Combination, each outstanding IWAC Unit (each of which currently consists of one IWAC Class A ordinary share and one-half of one warrant to purchase one IWAC Class A ordinary share) will be separated into its component Class A ordinary share and one-half of one warrant.

Q:

WHAT CHANGES ARE BEING MADE TO IWAC’S EXISTING ORGANIZATIONAL DOCUMENTS IN CONNECTION WITH THE DOMESTICATION?

A:

In connection with the Domestication, IWAC will be filing the Interim Charter with the Secretary of State of the State of Delaware prior to the Closing, which amends and removes the provisions of the Existing Organizational Documents that terminate or otherwise become inapplicable because of the Domestication and otherwise provides IWAC’s shareholders with the same or substantially the same rights as they have under the Existing Organizational Documents. In addition, the Interim Charter does not include limitations on redemptions in connection with an initial business combination due to any net tangible asset threshold, in a similar manner to the amendments set forth in the NTA Proposal.

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TABLE OF CONTENTS

**Q:

WHAT ARE THE MATERIAL U.S. FEDERAL INCOME TAX CONSEQUENCES OF THE DOMESTICATION TO U.S. HOLDERS OF ORDINARY SHARES?

A:

For a description of the material U.S. federal income tax consequences of the Domestication, see the description in the section entitled “ Proposal Three — The Business Combination Proposal — Material U.S. Federal Income Tax Consequences of the Domestication to IWAC Shareholders.”

Q:**

### WHY IS IWAC PROPOSING THE BUSINESS COMBINATION PROPOSAL?
A:

IWAC was incorporated to effect a merger, share exchange, asset acquisition, share purchase, reorganization or other similar business combination with one or more businesses or entities. On December 13, 2021, IWAC completed its IPO and a private placement, generating gross proceeds of $121,850,000. Since IWAC’s IPO, IWAC’s activity has been limited to the evaluation of business combination candidates.

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