Company: WELNF
Filing Date: 2025-11-12
Form Type: DEFM14A
Source: 0001104659-25-109577
Chunk: 238

Company: Integrated Wellness Acquisition Corp
Filing Date: 2025-11-12
Form: DEFM14A
Chunk 238
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 believe that, in general, Delaware law is more developed and provides more guidance than Cayman Islands law on matters regarding a corporation’s ability to limit director liability. As a result, we believe that the corporate environment afforded by Delaware will enable the surviving corporation to compete more effectively with other public companies in attracting and retaining new directors.

Anticipated Accounting Treatment of the Domestication

There will be no accounting effect or change in the carrying amount of the consolidated assets and liabilities of IWAC as a result of Domestication. The business, capitalization, assets and liabilities and financial statements of IWAC immediately following the Domestication will be the same as those of IWAC immediately prior to the Domestication.

Tax Consequences to Holders of Ordinary Shares Who Receive Common Stock as a Result of the Domestication

If the proposals described in this joint proxy statement/information statement/prospectus are approved, then holders of IWAC ordinary shares who do not elect to exercise their redemption rights will receive common stock as a result of the Domestication. For a description of the material U.S. federal income tax consequences of the Domestication, see the section entitled “ Proposal Three — The Business Combination Proposal — Material U.S. Federal Income Tax Consequences of the Domestication to IWAC Shareholders .”

#### Resolution to be Voted Upon
The full text of the resolution to be proposed is as follows:

“RESOLVED, as a special resolution in accordance with Article 31 of IWAC’s current amended and restated articles of association, that IWAC transfer by way of continuation to Delaware and thereby be de-registered as an exempted company in the Cayman Islands and be registered by way of continuation as a corporation in the State of Delaware, and conditional upon, and with effect from, the registration of IWAC in the State of Delaware as a corporation with the laws of the State of Delaware, the name of Integral Wellness Acquisition Corp be changed to “Integral Wellness Acquisition Corp.” (the “Domestication”).”

#### Vote Required for Approval
The approval of this Domestication Proposal requires a special resolution under the Cayman Islands law, being the affirmative vote of the holders of at least two-thirds of the ordinary shares who, being present and entitled to vote at the Extraordinary General Meeting, vote at the Extraordinary General Meeting.

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The Domestication is conditioned upon the approval of the Business Combination Proposal, subject to the terms of the Business Combination Agreement. Notwithstanding the approval of the Domestication