Company: WELNF
Filing Date: 2025-11-17
Form Type: DEF 14A
Source: 0001104659-25-113213
Chunk: 73

Company: Integrated Wellness Acquisition Corp
Filing Date: 2025-11-17
Form: DEF 14A
Chunk 73
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 a public shareholder’s rights or pre-Business Combination activity.

After careful consideration
of all relevant factors, our Board has approved and declared advisable the adoption of the Redemption Limitation Amendment Proposal and
recommends that you vote “FOR” such proposal.

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If the Redemption Limitation Amendment Proposal is Approved

Upon approval of the Redemption
Limitation Amendment Proposal (and approval of the Extension Amendment Proposal) by the affirmative vote of a majority of at least two-thirds
(2/3) of the votes cast by the holders of Ordinary Shares, voting as a single class, who, being entitled to do so, vote in person (including
shareholders who vote online) or by proxy at the Meeting, or any adjournment thereof, we will redeem all Public Shares submitted for redemption
in the Extension, irrespective of whether such redemptions would exceed the Redemption Limitation. We will remain a reporting company
under the Exchange Act and our Units, Public Shares and Public Warrants will remain publicly traded. We will then continue to work to
consummate the Business Combination by the Extended Date.

If the Redemption Limitation Amendment Proposal is not Approved

If the Redemption Limitation
Amendment Proposal is not approved, then we will not proceed with the Extension and will not redeem any Public Shares. In such case, Public
Shares that a Public Shareholder elects to redeem, but which are not redeemed shall be returned to such Public Shareholder or such Public
Shareholder’s account and such Public Shareholder will retain the right to have their Public Shares redeemed for cash if we have
not completed the Business Combination by December 15, 2025.

If that were to occur, as
contemplated by and in accordance with the M&A, we will (i) cease all operations except for the purpose of winding up, (ii) as
promptly as reasonably possible but not more than ten business days thereafter, redeem the public shares, at a per-share price, payable
in cash, equal to the aggregate amount then on deposit in the Trust Account including interest earned on the funds held in the Trust Account
and not previously released to us to pay taxes (less up to $100,000 of interest to pay dissolution expenses), divided by the number of
then issued and outstanding Public Shares, which redemption will completely extinguish public shareholders’ rights as shareholders
(including the right to receive further liquidating distributions, if any), subject to applicable law, and (iii) as