Company: WELNF
Filing Date: 2025-11-12
Form Type: DEFM14A
Source: 0001104659-25-109577
Chunk: 96

Company: Integrated Wellness Acquisition Corp
Filing Date: 2025-11-12
Form: DEFM14A
Chunk 96
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000 | ​ | ​ | ​ | ​ | ​ |  24,900,000 | ​ | ​ |
| ​ | Pubco Class V Shares issued to Btab Shareholders                                                                                 | ​ | ​ | ​ | ​ |     100,000 | ​ | ​ | ​ | ​ | ​ |     100,000 | ​ | ​ |
| ​ | Number of shares after giving effect to the de-SPAC transaction and related financing                                            | ​ | ​ | ​ | ​ |  32,968,761 | ​ | ​ | ​ | ​ | ​ |  31,783,280 | ​ | ​ |
| ​ | The company valuation at or above which the non-redeeming shareholders’interest per share being at least the IPO price per share | ​ | ​ | ​ | $ | 329,687,609 | ​ | ​ | ​ | ​ | $ | 317,832,799 | ​ | ​ |

* This table does not include potential sources of dilution that are not probable or not automatically convertible upon the consummation of the Business Combination. The above discussion and table are based on 4,060,481 IWAC Shares outstanding on June 30, 2025, and excludes, as of such date, the following, which are material potential sources of future dilution that are considered improbable by the Company to be effected at or prior to the consummation of the Business Combination: (i) Excludes 5,750,000 shares underlying certain Pubco warrants, previously IWAC Public Warrants and automatically converted into Pubco warrants on the Closing Date, under the No Redemption and Maximum Redemption Scenarios. (ii) Excludes 4,795,000 shares underlying certain Pubco warrants, previously IWAC private placement warrants held by the Current Sponsor and automatically converted into Pubco warrants on the Closing Date, under the No Redemption and Maximum Redemption Scenarios. (iii) Excludes 2,055,000 shares underlying certain Pubco warrants, previously IWAC private placement warrants held by the Prior Sponsor and automatically converted into Pubco warrants on the Closing Date, under the No Redemption and Maximum Redemption Scenarios. Certain Other Benefits in the Business Combination In addition to the interests of IWAC’s insiders in the Business Combination, IWAC shareholders should be aware that of the fact that, pursuant to the Underwriting Agreement, upon consummation of the Business Combination, a deferred underwriting fee equal to $4,025,000 will be payable to