---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-126071"
form_type: "8-K"
ticker: "WELNF"
cik: "0001877557"
company_name: "Integrated Wellness Acquisition Corp"
filed_at: "2023-12-14T23:59:59+00:00"
generated_at: "2026-06-07T13:06:29.212150+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# SPAC shareholders approve 1-year extension; ~$12.6M redeemed

## Summary
- Extension deadline moved from Dec 13, 2023 to Dec 13, 2024 via charter amendment.
- 1,136,155 public shares redeemed for ~$12.6M ($11.09/share); 4,255,117 shares left outstanding.
- Company issued up to $1.5M zero-interest promissory note to Sriram Associates for monthly trust deposits of $125K.
- Liquidation amendment also approved, allowing board to wind up earlier than Dec 13, 2024.

## SEC filing metadata
- accession: 0001104659-23-126071
- form_type: 8-K
- ticker: WELNF
- cik: 0001877557
- company_name: Integrated Wellness Acquisition Corp
- filed_at: 2023-12-14T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 5.03, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1877557/000110465923126071/0001104659-23-126071-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1877557/000110465923126071/tm2332852d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-126071
- JSON: https://secwatch.observer/filing/0001104659-23-126071.json
- Plain text: https://secwatch.observer/filing/0001104659-23-126071.txt

## Key facts
- Debt Financings
  Integrated Wellness Acquisition Corp incurred loan of $1,500,000 with Sriram Associates, LLC at no interest maturing the earlier of (a) the date of the consummation of the Company's initial business combination, and (b) the date of the liquidation of the Company.
  - Instrument: loan
  - Principal: $1,500,000
  - Counterparty: Sriram Associates, LLC
  - Rate: no interest
  - Maturity: the earlier of (a) the date of the consummation of the Company's initial business combination, and (b) the date of the liquidation of the Company
  - Event: incurrence
  source text: On December 13, 2023, Integrated Wellness Acquisition Corp (the " Company ") issued a promissory note (the " Note ") in the aggregate principal amount of up to $1,500,000 (the " Extension Funds ") to Sriram Associates, LLC
  evidence_url: https://www.sec.gov/Archives/edgar/data/1877557/000110465923126071/0001104659-23-126071-index.htm
- Material Agreements
  Integrated Wellness Acquisition Corp entered into Note with Sriram Associates, LLC valued at up to $1,500,000 (effective 2023-12-13).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Sriram Associates, LLC
  - Value: up to $1,500,000
  - Effective: 2023-12-13
  source text: On December 13, 2023, Integrated Wellness Acquisition Corp (the " Company ") issued a promissory note (the " Note ") in the aggregate principal amount of up to $1,500,000 (the " Extension Funds ") to Sriram Associates, LLC
  evidence_url: https://www.sec.gov/Archives/edgar/data/1877557/000110465923126071/0001104659-23-126071-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.