Company: WELNF
Filing Date: 2025-10-31
Form Type: PRE 14A
Source: 0001104659-25-104954
Chunk: 63

Company: Integrated Wellness Acquisition Corp
Filing Date: 2025-10-31
Form: PRE 14A
Chunk 63
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 the Trust Account to redeem all public shares on or prior to March 16, 2026 (including
a date prior to December 15, 2025) if it determines such action is in the best interests of the Company. In electing to wind up at
an earlier date, the Board may take into account various factors, including, but not limited to, the prospect of consummating an initial
business combination prior to the end of the Extension Period.

If the Liquidation Amendment Is Approved

If the Liquidation Amendment
Proposal, the Extension Amendment Proposal and the Redemption Limitation Amendment Proposal are approved and implemented, the M&A
Amendments in the form of Annex A hereto will be effective and the Trust Account will not be disbursed except in connection with the Election
and with our completion of the initial business combination or in connection with our liquidation if we do not complete the initial business
combination by the applicable Extended Date. The Company will then continue to attempt to consummate the Business Combination until the
expiration of the Extension Period or until the Company’s Board determines in its sole discretion that it will not be able to consummate
the Business Combination before the expiration of the Extension Period and does not wish to continue operations until such expiration.

If the Liquidation Amendment Proposal Is Not Approved

If the Liquidation Amendment
Proposal, the Extension Amendment Proposal or the Redemption Limitation Amendment Proposal is not approved, we will (1) cease all
operations except for the purpose of winding up; (2) 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 in the Trust Account (net of taxes payable and 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 the public shareholders’
rights as shareholders (including the right to receive further liquidating distributions, if any); and (3) as promptly as reasonably
possible following such redemption, subject to the approval of the remaining shareholders and our Board, liquidate and dissolve, subject
in each case to our obligations under Cayman Islands law to provide for claims of creditors and the requirements of other applicable law.
There will be no distribution from the Trust Account with respect to our warrants which will expire worthless in the event we wind up.
We do not believe it