Company: WELNF
Filing Date: 2025-11-12
Form Type: DEFM14A
Source: 0001104659-25-109577
Chunk: 170

Company: Integrated Wellness Acquisition Corp
Filing Date: 2025-11-12
Form: DEFM14A
Chunk 170
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, whether or not the Business Combination is completed; and

•

since the Business Combination Agreement restricts the conduct of Btab’s and IWAC’s businesses prior to the completion of the Business Combination, each of Btab and IWAC may not have been able to take certain actions during the pendency of the Business Combination that would have benefitted it as an independent company, and the opportunity to take such actions may no longer be available. See “ Proposal Three — The Business Combination Proposal — The Business Combination Agreement — Representations and Warranties .”

If the Business Combination Agreement is terminated and the Btab Board seeks another business combination, Btab stockholders cannot be certain that Btab will be able to find a party willing to offer equivalent or more attractive consideration than the consideration IWAC has agreed to provide in the Business Combination or that such other merger or business combination is completed. If the Business Combination Agreement is terminated and the IWAC Board seeks another merger or business combination, IWAC shareholders cannot be certain that IWAC will be able to find another acquisition target that would constitute a business combination or that such other merger or business combination will be completed. See “ Proposal Three — The Business Combination Proposal — The Business Combination Agreement — Termination .”

Btab directors and officers may have interests in the Business Combination different from the interests of Btab stockholders.

The executive officers of Btab negotiated the terms of the Business Combination Agreement with the executive officers of IWAC, and the Btab Board determined that entering into the Business Combination Agreement was in the best interests of Btab and its stockholders, declared the Business Combination Agreement advisable, and recommended that Btab stockholders adopt the Business Combination Agreement. In considering these facts and the other information contained in this joint proxy statement/information statement/prospectus, you should be aware that Btab executive officers and directors may have financial interests in the Business Combination that may be different from, or in addition to, the interests of Btab stockholders. The Btab Board was aware of and considered these interests, among other matters, in reaching the determination to approve the terms of the Business Combination and in recommending to Btab stockholders that they vote to approve the Business Combination. See “ Proposal Three — The Business Combination Proposal — The Business Combination Agreement — Interests of Btab’s Current Sponsor, Directors and Officers in the Business Combination .”

IWAC and Btab may be materially adversely affected by negative publicity related to the proposed Business Combination and in connection with other matters.

From time to time, political and public sentiment