secwatch.observer — SEC 8-K summary
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Issuer:     Integrated Wellness Acquisition Corp (WELNF)
CIK:        0001877557
Form:       8-K
Filed at:   2023-12-14T23:59:59+00:00
Accession:  0001104659-23-126071
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1877557/000110465923126071/0001104659-23-126071-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1877557/000110465923126071/tm2332852d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-126071

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer