M&A - Integrated Wellness Acquisition Corp

Form Type: 10-K

Filing Date: 2025-04-15

Corporate Action: Acquisition

Type: New

Accession Number: 000141057825000739

Filing Summary: Integrated Wellness Acquisition Corp is a Cayman Islands-based blank check company formed to carry out an initial business combination. The company completed its IPO on December 13, 2021, raising $117,300,000, which was allocated to a trust account. A notable transaction highlighted is the Sponsor Handover executed on November 8, 2023, where the prior sponsor transferred ownership of Class B shares and private placement warrants, resulting in new management appointments. The major corporate action involves the Btab Business Combination, formalized through the Amended and Restated Business Combination Agreement on August 26, 2024. This transaction will facilitate the merger of the company with Btab Ecommerce Group, with regulatory approval and shareholder consent needed for completion. Post-merger, the company will become a subsidiary of IWAC Holding Company, which is set to be rebranded as Btab Ecommerce Holdings, Inc. As of April 15, 2025, there were 1,185,481 Class A shares and 2,875,000 Class B shares outstanding.