---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-092999"
form_type: "8-K"
ticker: "WELNF"
cik: "0001877557"
company_name: "Integrated Wellness Acquisition Corp"
filed_at: "2024-08-27T23:59:59+00:00"
generated_at: "2026-05-31T07:28:36.539652+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# IWAC amends business combination agreement with Btab Ecommerce, valued at $250M

## Summary
- Agreement restructured: two-step merger via Pubco (IWAC Holding Company Inc.); Pubco to rename to Btab Ecommerce Holdings, Inc.
- Consideration: 25M Pubco shares at $10.00 each, total $250M equity value to Btab shareholders.
- Btab CEO Binson Lau to receive 100,000 Class V super-voting shares in exchange for preferred and common shares.
- Closing conditions include IWAC shareholder approval, minimum $5M net tangible assets, NYSE listing of Pubco shares.
- Termination rights: mutual consent, breach, failure to close by IWAC's deadline, or failure to obtain Btab shareholder consent.

## SEC filing metadata
- accession: 0001104659-24-092999
- form_type: 8-K
- ticker: WELNF
- cik: 0001877557
- company_name: Integrated Wellness Acquisition Corp
- filed_at: 2024-08-27T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1877557/000110465924092999/0001104659-24-092999-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1877557/000110465924092999/tm2421997d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-092999
- JSON: https://secwatch.observer/filing/0001104659-24-092999.json
- Plain text: https://secwatch.observer/filing/0001104659-24-092999.txt

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