Company: WELNF
Filing Date: 2025-11-12
Form Type: DEFM14A
Source: 0001104659-25-109577
Chunk: 688

Company: Integrated Wellness Acquisition Corp
Filing Date: 2025-11-12
Form: DEFM14A
Chunk 688
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 21% and the State tax rate of 5.75% to income before taxes), as follows: Excluding the penalty, the primary components of our deferred tax assets and (liabilities) were as follows:

| ​                                                                                           
 ​                                                                                           | ​ 
 ​ | ​ 
 ​ | For the Year Ended December 31, 
 2024                            |   |          |   | ​ | ​ | 2023 |   |          |   | ​ 
 ​ |
|:--------------------------------------------------------------------------------------------|:--|:--|:--------------------------------|:--|---------:|:--|:--|:--|:-----|:--|---------:|:--|:--|
| Assets                                                                                      | ​ | ​ | ​                               | ​ |        ​ | ​ | ​ | ​ | ​    | ​ |        ​ | ​ | ​ |
| State income tax – net operating losses, credits and other . . . . . . . . . .              | ​ | ​ | ​                               | $ |   38,890 | ​ | ​ | ​ | ​    | $ |   18,291 | ​ | ​ |
| Federal net operating losses, credits . . . . . . . . . . . . . . . . . . . . . . . . . .   | ​ | ​ | ​                               | ​ |  179,790 | ​ | ​ | ​ | ​    | ​ |   84,560 | ​ | ​ |
| Foreign net operating losses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  | ​ | ​ | ​                               | ​ |  311,461 | ​ | ​ | ​ | ​    | ​ |   62,632 | ​ | ​ |
| Valuation allowance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | ​ | ​ | ​                               | ​ | -218,680 | ​ | ​ | ​ | ​    | ​ | -102,850 | ​ | ​ |
| Total deferred tax assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .   | ​ | ​ | ​                               | $ |  311