Company: WELNF
Filing Date: 2025-11-17
Form Type: DEF 14A
Source: 0001104659-25-113213
Chunk: 6

Company: Integrated Wellness Acquisition Corp
Filing Date: 2025-11-17
Form: DEF 14A
Chunk 6
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 Binson Lau. The Business Combination Agreement amended, restated
and superseded the Original Business Combination Agreement. Pursuant to the Business Combination Agreement, the Business Combination will
be effected in two steps. Subject to the approval and adoption of the Business Combination Agreement by the shareholders of the Company
and Btab, on the date of the consummation of the Business Combination and following the Company’s transfer by way of continuation
from the Cayman Islands to Delaware in accordance with Section 388 of the General Corporation Law of the State of Delaware and Part XII
of the Cayman Islands Companies Act (Revised) (the “Domestication”): (a) Purchaser Merger Sub will merge with
and into IWAC (the “Purchaser Merger”), with the Company as the surviving company in the Purchaser Merger and, as a
result of the Purchaser Merger, the Company will become a wholly owned Subsidiary of Pubco with the security holders of the Company receiving
securities of Pubco with terms substantially equivalent to the terms of their securities of the Company, and (b) Company Merger Sub
will merge with and into Btab, with Btab as the surviving company in the Company Merger and, as a result of the Company Merger, Btab will
become a wholly owned Subsidiary of Pubco. Upon the consummation of the transactions contemplated by the Business Combination Agreement
(the transactions contemplated by the Business Combination Agreement, the “Btab Business Combination”), Pubco expects
to be renamed “Btab Ecommerce Holdings, Inc.”

If either of the M&A
Amendment Proposals are not approved and the Business Combination is not completed on or before December 15, 2025, then as contemplated
by and in accordance with the M&A, the Company will (i) cease all operations except for the purpose of winding up, (ii) as
promptly as reasonably possible but not more than ten business days thereafter, redeem the public shares, at a per-share price, payable
in cash, equal to the aggregate amount then on deposit in the Trust Account including interest earned on the funds held in the Trust Account
and not previously released to us to pay taxes (less up to $100,000 of interest to pay dissolution expenses), divided by the number of
then issued and outstanding Public Shares, which redemption will completely extinguish public shareholders’ rights as shareholders
(including the right to receive further liquidating distributions, if