Company: WELNF
Filing Date: 2025-11-12
Form Type: DEFM14A
Source: 0001104659-25-109577
Chunk: 57

Company: Integrated Wellness Acquisition Corp
Filing Date: 2025-11-12
Form: DEFM14A
Chunk 57
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 (ii) neither the Current Sponsor nor any of Btab’s current stockholders purchase IWAC Public Shares in the open market, and (iii) no IWAC warrants are exercised.

| ​                                                                                                         | ​ | ​ | Assuming NoRedemptionsInto Cash |   |            |   | ​ | ​ | AssumingMaximumRedemptionsInto Cash |   |           |   | ​ |
|:----------------------------------------------------------------------------------------------------------|:--|:--|:--------------------------------|:--|-----------:|:--|:--|:--|:------------------------------------|:--|----------:|:--|:--|
| Unredeemed Public Shares trust proceeds to Pubco                                                          | ​ | ​ | ​                               | $ | 15,187,582 | ​ | ​ | ​ | ​                                   | $ |         — | ​ | ​ |
| Deferred underwriting cash fees                                                                           | ​ | ​ | ​                               | $ |  4,025,000 | ​ | ​ | ​ | ​                                   | $ | 4,025,000 | ​ | ​ |
| Effective deferred underwriting cash fees (as a percentage of cash left inTrust Account post redemptions) | ​ | ​ | ​                               | ​ |      26.5% | ​ | ​ | ​ | ​                                   | ​ |        —% | ​ | ​ |

Q. When will the Sponsors and their affiliates be entitled to transfer their Founder Shares and Private Warrants? A. Pursuant to the Insider Letter and the Sponsor Letter Agreement to be entered with us, each of the Sponsors and IWAC’s directors and officers has agreed to restrictions on its ability to transfer, assign, or sell the Founder Shares and Private Warrants, as summarized in the table below.

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TABLE OF CONTENTS

| Subject Securities | ​ | ​ | Expiration Date                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              | ​ | ​ | Natural Persons andEntities Subject toRestrictions | ​ | ​ | Exceptions to Transfer Restrictions                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             | ​ |
| Founder Shares     | ​ | ​ | Subject to certain limited exceptions, the Founders Shares will not be transferred, assigned, sold or released from escrow until the earlier of (A) one year after the completion of IWAC’s initial business combination and (B) subsequent to IWAC’s initial business combination, the earlier of (x) the date on which IWAC completes a liquidation, merger, share exchange, asset acquisition,