Company: WELNF
Filing Date: 2025-10-31
Form Type: PRE 14A
Source: 0001104659-25-104954
Chunk: 22

Company: Integrated Wellness Acquisition Corp
Filing Date: 2025-10-31
Form: PRE 14A
Chunk 22
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 their Public Shares upon such approval (the election for such a redemption, the “Election”)
at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account (including accrued interest
and less taxes paid or payable), divided by the number of then issued and outstanding Public Shares. The Company believes that this M&A
provision was included to protect the Company’s shareholders from having to sustain their investments for an unreasonably long period
if the Company failed to find a suitable business combination before the Termination Date. If you do not elect to redeem your Public Shares,
you will retain the right to vote on any proposed initial business combination in the future and the right to redeem Public Shares in
connection with such initial business combination.

If the M&A Amendments
are approved and implemented, the Board will have the flexibility to liquidate the Trust Account to redeem all public shares on a specified
date following the adoption of the M&A Amendments at any time before or after December 15, 2025, and prior to the end of the
Extension Period.

If
the Company liquidates, the Sponsor has agreed that it will be liable to us if and to the extent any claims by a third-party for services
rendered or products sold to us (other than our independent registered public accounting firm), or a prospective target business with
which we have discussed entering into a transaction agreement, reduce the amounts in the Trust Account to below the lesser of (i) $10.20
per public share and (ii) the actual amount per public share held in the Trust Account as of the date of the liquidation of the Trust
Account if less than $10.20 per public share due to reductions in the value of the trust assets, in each case net of the interest that
may be withdrawn to pay our tax obligations, providedthat such liability will not apply to any claims by a third-party or prospective
target business that executed a waiver of any and all rights to seek access to the Trust Account nor will it apply to any claims under
our indemnity of the representative of the underwriters in our IPO against certain liabilities, including liabilities under the Securities
Act of 1933, as amended (the “Securities Act”). In the event that an executed waiver is deemed to be unenforceable
against a third-party, our sponsor will not be responsible to the extent of any liability for such third-party claims. The Company has
not independently verified whether the Sponsor has sufficient