Company: WELNF
Filing Date: 2025-11-17
Form Type: DEF 14A
Source: 0001104659-25-113213
Chunk: 28

Company: Integrated Wellness Acquisition Corp
Filing Date: 2025-11-17
Form: DEF 14A
Chunk 28
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 our Board will retain the right to abandon and not implement
the M&A Amendments at any time before the implementation thereof without any further action by our shareholders.

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The M&A Amendment proposals
are conditioned on each other. Therefore, the Extension Amendment Proposal, the Liquidation Amendment Proposal and the Redemption Limitation
Amendment Proposal must each be approved for the Extension to be implemented. The Auditor Ratification Proposal is not conditioned on
the approval of the M&A Amendment Proposals or the Adjournment Proposal. The Adjournment Proposal is not conditioned on the approval
of any of the other proposals. The Adjournment Proposal will only be put forth for a vote if there are not sufficient votes to approve
the other proposals at the Meeting or if due to redemptions in connection with the M&A Amendment Proposals, the Company would not adhere to the continued listing requirements of theOTC Pink Limited Market (“OTC Markets”).
If the Adjournment Proposal is put forth at the Meeting, the Adjournment Proposal will be the first and only proposal voted on and the
other proposals will not be submitted to the shareholders for a vote, provided that the Adjournment Proposal passes.

What happens if either the Extension Amendment Proposal, the Liquidation Amendment Proposal, or the Redemption Limitation Amendment Proposal is not approved?

If there are insufficient
votes to approve the Extension Amendment Proposal, the Auditor Ratification Proposal, the Liquidation Amendment Proposal, or the Redemption
Limitation Amendment Proposal, the Company may put the Adjournment Proposal to a vote in order to seek additional time to obtain sufficient
votes in support of the Extension.

If the Extension Amendment
Proposal, the Liquidation Amendment Proposal, or the Redemption Limitation Amendment Proposal is 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
ext