Integrated Wellness Acquisition Corp. and Btab Announce SEC Filing for Proposed Merger

Integrated Wellness Acquisition Corp. (WEL), a special purpose acquisition company, along with Btab Ecommerce Group, Inc. (Btab), has announced the submission of a draft registration statement on Form S-4 to the SEC for their proposed business combination. This merger, previously announced in May 2024, will result in the formation of a new holding company, IWAC Holding Company Inc., under Delaware law. If approved, the combined entity aims to list on a national exchange. Regulatory approval and shareholder consent from WEL are necessary to proceed. Integrated Wellness focuses on mergers within the health, nutrition, fitness, wellness, and beauty sectors, whereas Btab, an e-commerce provider, operates in multiple regions including Australia and the U.S. The merger aligns with Btab’s strategy to expand in Europe and the Americas. Details of the transaction will be available once the registration statement is made public, including insights into enterprise valuations, financial forecasts, and shareholder impacts. Forward-looking statements indicate potential risks regarding transaction completion and market conditions. The companies underline that this announcement is not a solicitation or an offering of securities and highlights the importance of forthcoming SEC filings for comprehensive transaction details.