Integrated Wellness Acquisition Corp increases promissory note to $4M from $1.5M with sponsor

Integrated Wellness Acquisition Corp

Amended promissory note increased to up to $4M from $1.5M, issued to sponsor Suntone Investment Pty Ltd.
Note bears no interest, repayable upon business combination or liquidation.
Sponsor may convert up to $1.5M of principal into ordinary shares at $1.00 per share upon business combination.
Note amends and restates original note from December 2023 assigned to sponsor in June 2024.
Drawdowns allowed for costs related to initial business combination and working capital.

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