Company: WELNF
Filing Date: 2025-11-17
Form Type: DEF 14A
Source: 0001104659-25-113213
Chunk: 63

Company: Integrated Wellness Acquisition Corp
Filing Date: 2025-11-17
Form: DEF 14A
Chunk 63
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 Act of 1933,
as amended (the “Securities Act”). In the event that an executed waiver is deemed to be unenforceable against a third-party,
our sponsor will not be responsible to the extent of any liability for such third-party claims. The Company has not independently verified
whether the Sponsor has sufficient funds to satisfy its indemnity obligations and believes that the Sponsor’s only assets are securities
of the Company and, therefore, the Sponsor may not be able to satisfy those obligations. None of the Company’s officers or directors
will indemnify the Company for claims by third parties, including, without limitation, claims by vendors and prospective target businesses.

Our Sponsor, directors and
officers (and their permitted transferees) and prior sponsor have entered into a letter agreement with us pursuant to which they have
agreed to waive their redemption rights with respect to their Ordinary Shares in connection with a shareholder vote to approve an amendment
to our M&A such as the Extension Amendment. On the record date, the Sponsor, directors and officers and the prior sponsor beneficially
owned and were entitled to vote 2,875,000 Class B ordinary shares, which in the aggregate represent approximately 70.8% of the Company’s
issued and outstanding Ordinary Shares.

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In connection with the M&A
Amendment Proposals, public shareholders may elect to redeem their shares for a per-share price, payable in cash, equal to the aggregate
amount then on deposit in the Trust Account, including interest not previously released to the Company to pay taxes, divided by the number
of then issued and outstanding Public Shares, regardless of whether such public shareholders vote “FOR” or “AGAINST”
the Extension Amendment Proposal or the Liquidation Amendment Proposal, and an Election can also be made by public shareholders who do
not vote, or do not instruct their broker or bank how to vote, at the Meeting. Public shareholders may make an Election regardless of
whether such public shareholders were holders as of the record date. However, redemption payments for Elections in connection with this
Meeting will only be made if the M&A Amendment Proposals receive the requisite shareholder approvals. If the M&A Amendment Proposals
are approved by the requisite vote of shareholders, the remaining holders of public shares will retain their right to redeem their public
shares if and when any initial business combination is submitted to the shareholders, subject to any limitations set forth in our M&A,
as amended by the M&A Amendments (as long as