Company: WELNF
Filing Date: 2025-11-12
Form Type: DEFM14A
Source: 0001104659-25-109577
Chunk: 640

Company: Integrated Wellness Acquisition Corp
Filing Date: 2025-11-12
Form: DEFM14A
Chunk 640
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 | ​ | ​ |
| Foreign net operating losses                               | ​ | ​ | ​                                    | ​ |  438,666 | ​ | ​ | ​ | ​                                  | ​ |  311,461 | ​ | ​ |
| Valuation allowance                                        | ​ | ​ | ​                                    | ​ | -328,695 | ​ | ​ | ​ | ​                                  | ​ | -218,680 | ​ | ​ |
| Total deferred tax assets                                  | ​ | ​ | ​                                    | $ |  438,666 | ​ | ​ | ​ | ​                                  | $ |  311,461 | ​ | ​ |
| Liabilities                                                | ​ | ​ | ​                                    | ​ |        ​ | ​ | ​ | ​ | ​                                  | ​ |        ​ | ​ | ​ |
| Foreign – Property, plant and equipment                    | ​ | ​ | ​                                    | ​ |        — | ​ | ​ | ​ | ​                                  | ​ |        — | ​ | ​ |
| Total deferred tax liability                               | ​ | ​ | ​                                    | $ |        — | ​ | ​ | ​ | ​                                  | $ |        — | ​ | ​ |

The deferred tax assets associated with loss carry forwards and the related expiration dates are as follows:

| ​                                 | ​ | ​ | Amount |   |           |   | ​ | ​ | Expiration |   |            |   | ​ |
| U.S. Federal net operating losses | ​ | ​ | ​      | ​ | 1,286,856 | ​ | ​ | ​ | ​          | ​ | Indefinite | ​ | ​ |

Income tax expense (benefit) consists of the following components:

F-79

TABLE OF CONTENTS

BTAB ECOMMERCE GROUP, INC. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS NOTE 12 — INCOME TAXES (continued)

| ​                             | ​ | ​ | For the ThreeMonths EndedJune 30, 2025 |   |          |   | ​ | ​ | For the ThreeMonths EndedJune 30, 2024 |   |         |   | ​ | ​ | For the SixMonths EndedJune 30, 2025 |   |          |   | ​ | ​ | For the SixMonths EndedJune 30, 2024 |   |          |   | ​ |
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