Company: WELNF
Filing Date: 2025-10-31
Form Type: PRE 14A
Source: 0001104659-25-104954
Chunk: 21

Company: Integrated Wellness Acquisition Corp
Filing Date: 2025-10-31
Form: PRE 14A
Chunk 21
---
 liquidate in accordance with its M&A.

<div align='center'>13</div>

Why should I vote “FOR” the Extension Amendment Proposal, the Liquidation Amendment Proposal and, the Redemption Limitation Amendment Proposal?

Our Board believes shareholders
will benefit from the Company consummating the Business Combination and is proposing the Extension Amendment Proposal to extend the date
by which the Company must complete an initial business combination to the expiration of the Extension Period. The Extension would give
the Company additional time to complete the Business Combination. Our Board also believes that shareholders will benefit from enabling
the Board to liquidate the Trust Account to redeem all public shares on a specified date following the adoption of the M&A Amendments
and prior to the end of the Extension Period (including a date prior to December 15, 2025), after taking into account various factors,
including, but not limited to, the prospect of consummating a Business Combination prior to the end of the Extension Period. Your vote
in favor of the Extension Amendment Proposal and the Liquidation Amendment Proposal are required for the Company to implement the Extension
Amendment and the Liquidation Amendment.

The Board believes that it
is in the best interests of the Company’s shareholders that the Extension be obtained so that, in the event the Business Combination
is not able to be consummated on or before the Termination Date, the Company will have additional time to consummate the Business Combination.
Without the Extension, the Board believes that there is significant risk that the Company might not, despite its best efforts, be able
to complete the Business Combination on or before the Termination Date. If that were to occur, the Company would be precluded from completing
the Btab Business Combination or another Business Combination and would be forced to liquidate even if the Company’s shareholders
are otherwise in favor of consummating such transaction.

The Board believes that given
the Company’s expenditure of time, effort and money on identifying a Business Combination, including the Btab Business Combination
or another Business Combination, circumstances warrant providing public shareholders an opportunity to consider the Business Combination.

The Company’s M&A
currently provides that if the Company’s shareholders approve an amendment to the Company’s M&A that would affect the
substance or timing of the Company’s obligation to redeem public shares if the Company does not complete its initial business combination
before December 15, 2025, the Company will provide holders of its Public Shares (“public shareholders”) with the
opportunity to redeem all or a portion of