Company: WELNF
Filing Date: 2025-11-12
Form Type: DEFM14A
Source: 0001104659-25-109577
Chunk: 75

Company: Integrated Wellness Acquisition Corp
Filing Date: 2025-11-12
Form: DEFM14A
Chunk 75
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 of the Cayman Islands Companies Act (Revised) (the “

#### Cayman Islands Act
”) (the “Domestication”). On the Closing Date, prior to the Company Merger Effective Time, Btab will file an amendment to its articles of incorporation (the “

#### Btab Charter Amendment
”), which amendment will, among other things, create a new class of voting common stock with 1,000 votes per share, par value $0.001 (“

#### Btab Class V Shares
”). After the effectiveness of the filing of the Btab Charter Amendment, but prior to the Company Merger Effective Time, Binson Lau, the Chief Executive Officer of the Btab, who is also the Chairman of the Board of IWAC, shall exchange (x) all of his shares of Btab preferred stock, $0.001 per share (the “

#### Btab Preferred Shares
”) plus (y) such number of shares of Btab common stock, par value $0.001 per share (the “

#### Btab Common Shares
”), as will result in the issuance to Binson Lau of 100,000 Btab Class V Shares. Upon such exchange, all of the Btab Preferred Shares shall be terminated, extinguished and cancelled in full (the transactions in this paragraph, collectively, the “

#### Btab Reorganization
”).

#### Transaction Consideration
The consideration (the “

#### Transaction Share Consideration
”) to be paid to the shareholders of Btab as of immediately prior to the Company Merger Effective Time (the “

#### Btab Shareholders
”) for their Btab Common Shares and their Btab Class V Shares shall be an aggregate amount equal to $250,000,000 (the “

#### Equity Value
”). The Transaction Share Consideration shall be paid solely by Pubco issuing an aggregate of 25,000,000 new shares of common stock to the Btab Shareholders, consisting of 24,900,000 Pubco Class A Shares (the “

#### Aggregate Class A Share Consideration
”) and 100,000 Pubco Class V Common Shares (the “

#### Aggregate Class V Share Consideration
”), with each Pubco Class A Share and each Pubco Class V Share valued at $10.00 per share.

At the Purchaser Merger Effective Time, (1) each issued and outstanding IWAC Common Share shall be converted automatically into and thereafter represent the right to receive one Pubco Class A Share and (