Company: WELNF
Filing Date: 2025-11-12
Form Type: DEFM14A
Source: 0001104659-25-109577
Chunk: 657

Company: Integrated Wellness Acquisition Corp
Filing Date: 2025-11-12
Form: DEFM14A
Chunk 657
---
 |
| Non cash ASA negative net assets acquired                                       | ​ | ​ | ​    | $ |          — | ​ | ​ | ​ | ​    | $ |    363,005 | ​ | ​ |
| Lease expenses offset against loan receivable                                   | ​ | ​ | ​    | $ |    560,297 | ​ | ​ | ​ | ​    | $ |    224,684 | ​ | ​ |
| Record ROU lease liability                                                      | ​ | ​ | ​    | $ |  1,169,050 | ​ | ​ | ​ | ​    | $ |    679,365 | ​ | ​ |
| Capitalization of ROU asset                                                     | ​ | ​ | ​    | $ |  1,169,050 | ​ | ​ | ​ | ​    | $ |    679,365 | ​ | ​ |
| Salary expense offset against loan receivable                                   | ​ | ​ | ​    | $ |     38,622 | ​ | ​ | ​ | ​    | $ |     38,430 | ​ | ​ |
| Deferred offering costs expenses                                                | ​ | ​ | ​    | $ |    594,923 | ​ | ​ | ​ | ​    | $ |          — | ​ | ​ |
| Payment for suppliers on behalf of Company                                      | ​ | ​ | ​    | $ |  1,791,210 | ​ | ​ | ​ | ​    | $ |  2,024,577 | ​ | ​ |
| Netting of related party loan receivable/payable                                | ​ | ​ | ​    | $ |    493,448 | ​ | ​ | ​ | ​    | $ |    871,245 | ​ | ​ |

(1) See related party transactions in Note 10

The accompanying notes are an integral part of these consolidated financial statements. F-93

TABLE OF CONTENTS

#### BTAB ECOMMERCE GROUP, INC. AND SUBSIDIARIES

### NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

#### December 31, 2024, and 2023

### NOTE 1 — NATURE OF BUSINESS AND ORGANIZATION
Btab Ecommerce Group, Inc. (“BEG”) consolidated financial statements is comprised of the following entities: Btab Ecommerce Services Pty, Ltd. (BES), Btab Technology Pty, Ltd. (BTEC),