Integrated Wellness terminates merger with Refreshing USA after missing July 31 outside date

Integrated Wellness Acquisition Corp

Terminated merger with Refreshing USA, LLC after conditions unmet by July 31, 2023 outside date.
Company and its sponsor intend to seek alternative ways to consummate an initial business combination.
Press release dated September 27, 2023; merger agreement no longer in force except certain survival provisions.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Integrated Wellness Acquisition Corp terminated Agreement and Plan of Merger with Refreshing USA, LLC (effective 2023-09-26).

Action: termination
Agreement: merger
Counterparty: Refreshing USA, LLC
Effective: 2023-09-26

Exact text from the filing

On September 26, 2023, Integrated Wellness Acquisition Corp (the "Company") notified Refreshing USA, LLC that the Company had elected to terminate the Agreement and Plan of Merger among the parties, dated as of February 10, 2023 (the "Merger Agreement"), effective immediately, pursuant to Section 8.1(b) thereof, since the conditions to the closing of the initial business combination were not satisfied or waived by the outside date of July 31, 2023 (the "Termination").

View on SEC.gov

154 material agreements filed in the last 30 days. Browse all material agreements →

Integrated Wellness Acquisition Corp filing history →

Source: SEC EDGAR

accession 0001104659-23-104111

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.