Company: WELNF
Filing Date: 2025-11-17
Form Type: DEF 14A
Source: 0001104659-25-113213
Chunk: 68

Company: Integrated Wellness Acquisition Corp
Filing Date: 2025-11-17
Form: DEF 14A
Chunk 68
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 to the aggregate amount then on deposit in the Trust Account, including
interest not previously released to the Company to pay taxes, divided by the number of then issued and outstanding Public Shares, regardless
of whether such public shareholders vote “FOR” or “AGAINST” the Extension Amendment Proposal, the Liquidation
Amendment Proposal or the Redemption Limitation Amendment Proposal, and an Election can also be made by public shareholders who do not
vote, or do not instruct their broker or bank how to vote, at the Meeting.

Public shareholders may make
an Election regardless of whether such public shareholders were holders as of the record date. However, redemption payments for Elections
in connection with this Meeting will only be made if the M&A Amendments Proposals receive the requisite shareholder approvals. If
the M&A Amendment Proposals are approved by the requisite vote of shareholders, the remaining holders of public shares will retain
their right to redeem their public shares if and when any initial business combination is submitted to the shareholders, subject to any
limitations set forth in our M&A, as amended by the M&A Amendments (as long as their election is made at least two (2) business
days prior to the meeting at which the shareholders’ vote is sought). Each redemption of shares by our public shareholders will
decrease the amount in the Trust Account, which held approximately $15.15 million as of November 3, 2025. In addition, public shareholders
who do not make the Election would be entitled to have their shares redeemed for cash if the Company has not completed an initial business
combination by the expiration of the Extension Period if the M&A Amendment Proposals are approved and implemented.

Full Text of the Resolution to be Approved

“RESOLVED, as a special
resolution, that subject to the approval of the Extension Amendment Proposal and the Redemption Limitation Amendment Proposal, with effect
from the date that the directors of the Company determine in their sole discretion, the board of directors of the Company, in its sole
discretion, is authorized to elect to wind up the operations of the Company on a date on or prior to March 16, 2026 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 to the proxy statement, be and is hereby adopted.”

Vote Required for Approval

The affirmative vote of at
least two-thirds of the votes cast by shareholders represented at the Meeting who, being entitled to do so, vote in person or by proxy