{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-120433","form_type":"8-K","ticker":"WELNF","cik":"0001877557","company_name":"Integrated Wellness Acquisition Corp","filed_at":"2023-11-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.241034+00:00","generated_at":"2026-06-07T22:54:03.006371+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Integrated Wellness Acquisition Corp enters sponsor handover; Sriram Associates to acquire control for $1","bullets":["Sponsor IWH Sponsor LP to sell 2,012,500 Class B shares and 4,795,000 private placement warrants to Sriram Associates for $1.","Acquirer assumes $160,000/month extension costs through Dec 13, 2023, plus expenses to extend SPAC deadline to Dec 13, 2024.","Acquirer may replace current directors and officers; will use best efforts to find a business combination target.","Closing conditions include board approval, sponsor approval, underwriter waiver, and filing of Q3 2023 Form 10-Q.","Acquirer also assumes D&O insurance premiums, outstanding legal fees, and all existing SPAC liabilities."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-120433","json":"https://secwatch.observer/filing/0001104659-23-120433.json","markdown":"https://secwatch.observer/filing/0001104659-23-120433.md","text":"https://secwatch.observer/filing/0001104659-23-120433.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1877557/000110465923120433/0001104659-23-120433-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1877557/000110465923120433/tm2331312d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T22:54:03.006371+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a1fe2eba69864cb56e22c76c53f51d22cb486327","claim":"Integrated Wellness Acquisition Corp entered into Purchase Agreement with IWH Sponsor LP and Sriram Associates, LLC valued at one dollar (effective 2023-11-08).","evidence_excerpt":"On November 8, 2023, Integrated Wellness Acquisition Corp (the “ Company ”) entered into a purchase agreement (the “ Purchase Agreement ”) with IWH Sponsor LP, a Delaware limited partnership, the Company’s current sponsor (the “ Sponsor ”) and Sriram Associates, LLC (the “ Acquirer ”), pursuant to which, the Sponsor agreed to transfer to the Acquirer (i) 2,012,500 of the Company’s Class B ordinary shares and (ii) 4,795,000 of the Company’s private placement warrants for a total purchase price of one dollar (the “ Transfer ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1877557/000110465923120433/0001104659-23-120433-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"IWH Sponsor LP and Sriram Associates, LLC"},{"label":"Value","value":"one dollar"},{"label":"Effective","value":"2023-11-08"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}