Company: WELNF
Filing Date: 2025-11-12
Form Type: DEFM14A
Source: 0001104659-25-109577
Chunk: 139

Company: Integrated Wellness Acquisition Corp
Filing Date: 2025-11-12
Form: DEFM14A
Chunk 139
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 In addition, if a claim is successfully made against Pubco, it may be required to pay significant damages, which could have a material adverse effect on its financial condition and results of operations.

If securities or industry analysts do not publish research or reports about Pubco’s business, or if they adversely change their recommendations regarding the ordinary shares, the market price for the ordinary shares and trading volume could decline.

The trading market for the Pubco Class A Shares will be influenced by research or reports that industry or securities analysts publish about its business. If one or more analysts who cover Pubco downgrade the Pubco Class A Shares, the market price for the ordinary shares would likely decline. If one or more of these analysts cease to cover Pubco or fail to regularly publish reports on it, it could lose visibility in the financial markets, which in turn could cause the market price or trading volume for the ordinary shares to decline.

The sale or availability for sale of substantial amounts of Pubco Class A Shares could adversely affect their market price.

Sales of substantial amounts of Pubco Class A Shares in the public market after the consummation of the Business Combination, or the perception that these sales could occur, could adversely affect the market price of Pubco Class A Shares and could materially impair its ability to raise capital through equity offerings in the future. A significant portion of the Pubco Class A Shares outstanding after the Business Combination will be freely tradable without restriction or further registration under the Securities Act, and other Pubco Class A Shares held by certain stockholders may also be sold in the public market in the future subject to the restrictions in Rule 144 and Rule 701 under the Securities Act and the applicable lockup agreements. There will be 32,968,761 Pubco Class A Shares outstanding immediately after the Business Combination (assuming no redemption of public shares and no exercise of warrants). We cannot predict what effect, if any, market sales of securities held by Pubco’s significant stockholders or any other stockholder or the availability of these securities for future sale will have on the market price of the Pubco Class A Shares.

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Techniques employed by short sellers may drive down the market price of the Pubco Class A Shares.

Short selling is the practice of selling securities that the seller does not own but rather has borrowed from a third party with the intention of buying identical securities back at a later date to return to the lender. The short seller hopes to profit from a decline in the value of the