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

Company: Integrated Wellness Acquisition Corp
Filing Date: 2025-10-31
Form: PRE 14A
Chunk 10
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5,000,001 or any greater net tangible asset or cash requirement which may be contained in an agreement relating to a business combination and each amendment to the amended and restated memorandum and articles of association of the Company as amended and currently in effect set forth in Annex A to the proxy statement, be and is hereby adopted.”; and |

| (v) | Proposal 5 —  A proposal to approve by ordinary resolution the adjournment of the Meeting to a later date or dates, if necessary, to permit further solicitation and vote of proxies in the event that there are insufficient votes for, or otherwise in connection with, the approval of the Extension Amendment Proposal (the “Adjournment Proposal”). |

Approval of the Extension
Amendment Proposal, the Liquidation Amendment Proposal and the Redemption Limitation Amendment Proposal (together, the “M&A Amendment Proposals”) are each conditioned on one another. This means that unless these three proposals are approved by the
shareholders, none of these three proposals will take effect.

The purpose of the M&A
Amendment Proposals and, if necessary, the Adjournment Proposal, is to allow the Company additional time to complete its initial business
combination (the “Business Combination”). The M&A currently provides that the Company has until December 15,
2025 to complete its Business Combination. The Company does not believe it will consummate the Business Combination prior to December 15,
2025. The purpose of the M&A Amendment Proposals and, if necessary, the Adjournment Proposal, are to allow the Company more time to
complete the Business Combination. The Company originally had 15 months from the consummation of our initial public offering, or until
March 13, 2023, to consummate our initial business combination. However, as requested by its prior sponsor and as permitted under
its M&A, the Company extended the date by which it must consummate an initial business combination by an additional three months until
June 13, 2023.

On June 2, 2023, the
Company held an extension meeting, at which its shareholders approved, among others, a proposal to extend the date by which it would be
required to consummate a business combination from June 13, 2023 to December 13, 2023 (or such earlier date as determined by
the Board) (the “June 2023 Extension”). On December 11, 2023, the Company held an extension meeting, at