Company: WELNF
Filing Date: 2025-11-12
Form Type: DEFM14A
Source: 0001104659-25-109577
Chunk: 651

Company: Integrated Wellness Acquisition Corp
Filing Date: 2025-11-12
Form: DEFM14A
Chunk 651
---
 Firm (PCAOB ID: 6651)     | ​ | ​ | ​    | ​ | F-89         | ​ | ​ |
| Consolidated Balance Sheets                                                  | ​ | ​ | ​    | ​ | F-90         | ​ | ​ |
| Consolidated Statements of Operations and Other Comprehensive Income/ (Loss) | ​ | ​ | ​    | ​ | F-91         | ​ | ​ |
| Consolidated Statements of Changes in Shareholders’ Equity/(Deficit)         | ​ | ​ | ​    | ​ | F-92         | ​ | ​ |
| Consolidated Statements of Cash Flows                                        | ​ | ​ | ​    | ​ | F-93         | ​ | ​ |
| Notes to the Consolidated Financial Statements                               | ​ | ​ | ​    | ​ | F-94 – F-119 | ​ | ​ |

F-88

TABLE OF CONTENTS

### REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
To the Board of Directors and Shareholders 
 Btab Ecommerce Group, Inc. and its subsidiaries

### Opinion on the Consolidated Financial Statements
We have audited the accompanying consolidated balance sheets of Btab Ecommerce Group, Inc. and its subsidiaries (the “Company”), as of December 31, 2024, and 2023, and the related consolidated statement of operations and other comprehensive income/ (loss), statement of cash flows, and statement of changes in shareholders’ equity/(deficit) for each of the two years then ended, and the related notes (collectively referred to as the “consolidated financial statements”). In our opinion, the consolidated financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2024, and 2023, and the results of its operations and its cash flows for each of the two years then ended, in conformity with the accounting principles generally accepted in the United States of America.

#### Going Concern
The accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern. The Company’s financial position and operating results raise substantial doubt about the Company’s ability to continue as a going concern, as reflected by the net loss of $1,850,259 and $863,284 for the fiscal years ended December 31, 2024, and 2023, respectively, accumulated deficit of $5,113,878 and $3,268,734,