Company: WELNF
Filing Date: 2025-11-12
Form Type: DEFM14A
Source: 0001104659-25-109577
Chunk: 431

Company: Integrated Wellness Acquisition Corp
Filing Date: 2025-11-12
Form: DEFM14A
Chunk 431
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, structured, collars or other common derivative financial instruments to reduce interest rate risk. It is difficult to predict the effect that future hedging activities would have on our operating results.

#### Credit Risk
We maintain components of our cash and cash equivalents balance in various accounts, which from time to time exceed the federal depository insurance coverage limit. We have not experienced any losses on our deposits of cash and cash equivalents and accounts are monitored by our management team to mitigate risk. We are exposed to credit risk in the event of default by the financial institution holding our cash and cash equivalents or an event of default by the issuers of the corporate bonds and commercial paper we hold.

Financial instruments, which potentially subject the Company to credit risk, consist principally of cash, accounts receivable and loans receivable. We have not experienced any losses on our deposits of cash and cash equivalents and accounts are monitored by our management team to mitigate risk. We are exposed to credit risk in the event of a default of accounts receivable and loan receivable balances. The Company also holds material deposits on account in Hong Kong and Australia. Smaller cash balances are maintained with major financial institutions in the USA that are credit worthy. The Company maintains all cash in bank accounts insured up to $250,000 by the US Federal Deposit Insurance Corporation. On June 30, 2025, and 2024, no cash balances were held in excess of federally insured limits in the USA. Cash is maintained with major financial institutions in Hong Kong that are credit worthy. The Company maintains all cash in bank accounts insured up to HKD $500,000 (approximately USD $64,000) by Hong Kong’s Monetary Authority “Deposit Protection Scheme” (“DPS”). On December 31, 2024, no cash balances were held in excess of DPS insured limits in Hong Kong. Cash is maintained with major financial institutions in Australia that are credit worthy. The Company maintains most cash in bank accounts insured up to AUD $250,000 (approximately USD $170,000) by Australian Prudential Regulation Authority’ (APRA) “Federal Claims Scheme” (“FCS”). On June 30, 2025, no cash balances were held in excess of FCS insured limits in Australia. As of June 30, 2025, and 2024, 100% of “Note payable” was owed to an unrelated party. On June 30, 2025, and 2024 two (2) parties were owed 100% of accrued interest. The risk