secwatch.observer — SEC 8-K summary
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Issuer:     Integrated Wellness Acquisition Corp (WELNF)
CIK:        0001877557
Form:       8-K
Filed at:   2023-02-10T23:59:59+00:00
Accession:  0001104659-23-018040
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WEL announces definitive merger with Refreshing USA valued at $160M plus $40M earnout
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- Definitive agreement with Refreshing USA; closing consideration $160M in Pubco common stock.
- Up to $40M additional earnout shares contingent on performance after closing.
- SPAC will redomicile from Cayman Islands to Delaware prior to transaction close.
- After closing, Integrated Wellness and Refreshing will be wholly-owned subsidiaries of Pubco (IWAC Holdings Inc.).
- Transaction expected to close subject to shareholder approval, regulatory clearances, and other conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1877557/000110465923018040/0001104659-23-018040-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1877557/000110465923018040/tm236269d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-018040

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