Company: WELNF
Filing Date: 2025-11-12
Form Type: DEFM14A
Source: 0001104659-25-109577
Chunk: 198

Company: Integrated Wellness Acquisition Corp
Filing Date: 2025-11-12
Form: DEFM14A
Chunk 198
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 each IWAC Private Placement Warrant and IWAC Public Warrant that is outstanding immediately prior to the Domestication shall, from and after the Domestication, represent the right to purchase one IWAC Class A Common Share at an exercise price of $11.50 per share on the terms and subject to the conditions set forth in the IWAC warrant agreement, the IWAC Warrants. In addition, IWAC shall also create a new class of voting common stock with 1,000 votes per share, par value $0.0001, the IWAC Class V common shares.

•

Following the Domestication, the Business Combination will be effected in two steps on the Closing Date:

(a)

At the Purchaser Merger Effective Time, Purchaser Merger Sub will merge with and into IWAC, with IWAC as the surviving company and a wholly owned subsidiary of Pubco and Purchaser Merger Sub will cease to exist. As a result of the Purchaser Merger, each issued and outstanding IWAC Class A Common Share will be automatically converted into the right to receive one Pubco Class A Common Share and each issued and outstanding IWAC Class V common share will be automatically converted into the right to receive one Pubco Class V Common Share. Additionally, each issued and outstanding IWAC Warrant will be converted into one Pubco Warrant and be subject to substantially the same terms and conditions as set forth in the IWAC Warrants.

(b)

At the Company Merger Effective Time, Company Merger Sub will merge with and into Btab, with Btab as the surviving company and a wholly owned subsidiary of Pubco and Company Merger Sub will cease to exist. As a result of the Company Merger:

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TABLE OF CONTENTS

• Each issued and outstanding share of Btab common stock will be automatically converted into the right to receive 0.0358 shares of Pubco Class A common stock equal to the Aggregate Class A Share Consideration, which is calculated as (A) the Equity Value attributable to the Aggregate Class A Share Consideration of $249,000,000, calculated as the aggregate Equity Value of $250,000,000, less the $1,000,000 Equity Value attributable to the Aggregate Class V Share Consideration, divided by (B) $10.00, divided by (C) the 695,123,770 shares of Btab common stock issued and outstanding immediately prior to the Closing Date. • Each issued and outstanding share of Btab Class