Company: WELNF
Filing Date: 2025-10-31
Form Type: PRE 14A
Source: 0001104659-25-104954
Chunk: 53

Company: Integrated Wellness Acquisition Corp
Filing Date: 2025-10-31
Form: PRE 14A
Chunk 53
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 the closing price of the Company’s Warrants of $[ ] per warrant on the OTC Markets on [ ], 2025. If the Company is unable to complete a business combination by December 15, 2025, the Private Placement Warrants will expire worthless and the Sponsor will be unable to recoup its investment in the Company. Accordingly, the Company’s management team, which owns an interest in the Sponsor, may have an economic incentive that differs from that of the public shareholders to pursue and consummate an initial business combination rather than to liquidate and to return all of the cash in the Trust Account to the public shareholders, even if that business combination were with a less favorable target company or on terms less favorable to shareholders rather than liquidate. |

| · | the fact that the Sponsor and its affiliates has made outstanding loans to the Company in the aggregate amount of approximately $[ ] million as of [ ], 2025, which amount the Company will be unable to repay to the Sponsor to the extent that the amount of such loans exceeds the amount of available proceeds not deposited in the Trust Account if a business combination is not completed. |
| · | the fact that the Sponsor, its affiliates and the prior sponsor have waived their right to redeem their Class B ordinary shares held by them, or to receive distributions from the Trust Account with respect to their Class B ordinary shares upon IWAC’s liquidation and dissolution if IWAC is unable to consummate its initial business combination;                                          |

| · | the Company’s Sponsor, officers and directors and their affiliates, are entitled to reimbursement of out-of-pocket expenses incurred by them in connection with certain activities on the Company’s behalf, such as identifying and investigating possible business targets and business combinations. However, if the Company fails to consummate a business combination within the required time period under its organizational documents, these persons will not have any claim against the Trust Account for reimbursement. Accordingly, the Company may not be able to reimburse these expenses if the Business Combination is not completed by December 15, 2025. As of September 30, 2025, there were no unreimbursed expenses. |
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| · | the Company’s existing directors and officers will be eligible for continued indemnification and continued coverage under the Company’s directors’ and officers’ liability insurance after the Business Combination.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |

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| · | The fact that the following individuals have