Integrated Wellness Acquisition Corp closes $115M SPAC IPO, including full over-allotment

Integrated Wellness Acquisition Corp

Gross proceeds of $115M from 11.5M units at $10.00/unit, including 1.5M over-allotment units.
Trust account funded with $117.3M ($10.20/unit) from IPO and private warrant sale proceeds.
Private placement of 6.85M warrants to sponsor IWH Sponsor LP at $1.00/warrant, raising $6.85M.
Each unit consists of one Class A share and one-half warrant exercisable at $11.50/share.
Company targets health, nutrition, fitness, wellness, and beauty sectors for business combination.

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