Company: WELNF
Filing Date: 2025-11-12
Form Type: DEFM14A
Source: 0001104659-25-109577
Chunk: 178

Company: Integrated Wellness Acquisition Corp
Filing Date: 2025-11-12
Form: DEFM14A
Chunk 178
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 such group in the aggregate) may lose the ability to redeem all such Public Shares in excess of 15% of the Public Shares.

The Existing Organizational Documents provide that a Public Shareholder, together with any affiliate of such shareholder or any other person with whom such shareholder is acting in concert or as a “group” (as defined under Section 13 of the Exchange Act), will be restricted from seeking Redemption Rights with respect to more than an aggregate of 15% of the Public Shares sold in the IPO without our prior consent, which we refer to as the “Excess Shares.” However, we would not be restricting our shareholders’ ability to vote all of their shares (including Excess Shares) for or against the Business Combination. Your inability to

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redeem the Excess Shares will reduce your influence over our ability to complete the Business Combination and you could suffer a material loss on your investment in us if you sell Excess Shares in open market transactions. Additionally, you will not receive redemption distributions with respect to the Excess Shares if we complete the Business Combination. As a result, you will continue to hold that number of shares exceeding 15% and, in order to dispose of such shares, would be required to sell your shares in open market transactions, potentially at a loss.

IWAC shareholders will have their rights as stockholders governed by the organizational documents of Pubco.

As a result of the completion of the Domestication and Business Combination, holders of IWAC ordinary shares will become holders of shares of Pubco common stock, which will be governed by the organizational documents of Pubco. As a result, there will be differences between the rights currently enjoyed by IWAC shareholders and the rights of those shareholders who become Pubco stockholders. See “ Comparison of Shareholder Rights Under Applicable Organizational Documents .”

If third parties bring claims against IWAC, the proceeds held in the Trust Account could be reduced and the per-share redemption amount received by IWAC shareholders may be less than $10.20 per share.

The deposit of funds in the Trust Account by IWAC may not protect those funds from third-party claims against IWAC. Although IWAC has sought to have all vendors, service providers, prospective target businesses, and other entities with which it does business execute agreements with IWAC waiving any right, title, interest, or claim of any kind in or to any monies held in the Trust Account for the benefit of the IWAC Public Shareholders, such