Company: WELNF
Filing Date: 2025-11-12
Form Type: DEFM14A
Source: 0001104659-25-109577
Chunk: 5

Company: Integrated Wellness Acquisition Corp
Filing Date: 2025-11-12
Form: DEFM14A
Chunk 5
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 FOR
” the Domestication Proposal “

#### FOR
” the Business Combination Proposal, “

#### FOR
” the Charter Proposal, “

#### FOR
” each of the separate Organizational Documents Proposals, “

#### FOR
” the Incentive Plan Proposal “

#### FOR
” each of the director nominees set forth in the Director Election Proposal and, if presented at the Extraordinary General Meeting, “

#### FOR
” the Adjournment Proposal.

When IWAC shareholders consider the proposals presented in the accompanying joint proxy statement/ information statement/prospectus, they should keep in mind that our Current Sponsor and IWAC’s directors and officers have interests in the Business Combination that are different from or in addition to, or may conflict with, interests of unaffiliated holders of IWAC ordinary shares. For instance, our Current Sponsor will benefit from the completion of a business combination and may be incentivized to complete a business combination that is less favorable to shareholders rather than liquidating IWAC. In such event, among other things, the value of certain interests of the Current Sponsor, its affiliates and IWAC directors and officers would become worthless including, among other things:

IWAC’s Current Sponsor, executive officers and directors may have interests in the Business Combination that may be different from, or in addition to, the interests of IWAC’s shareholders generally. The IWAC Board and the members of the Special Committee were aware of and considered these interests to the extent such interests existed at the time, among other matters, in approving the Business Combination

TABLE OF CONTENTS

Agreement and in recommending that the Business Combination Agreement and the transactions contemplated thereby be approved by the shareholders of IWAC. These interests include, among other things:

•

the fact that the 2,012,500 Ordinary Shares held by the Current Sponsor, and IWAC’s directors and officers, would be worthless because the Current Sponsor and IWAC’s directors and officers are not entitled to participate in any redemption or distribution with respect to such shares. Such shares had an aggregate market value of approximately $25.25 million based upon the quoted price of the IWAC Class A ordinary shares of $12.55 per share on the OTC on November 3, 2025, despite having been initially purchased for a purchase price of $0.008 per share. As a result, the Current Sponsor and IWAC’s officers and directors are likely to be able to recoup their investment in IWAC and make a substantial profit on that investment, even if Public Shares