Integrated Wellness Acquisition Corp Files 2024 10-K
Ticker: WELUF · Form: 10-K · Filed: Apr 15, 2025 · CIK: 1877557
| Field | Detail |
|---|---|
| Company | Integrated Wellness Acquisition Corp (WELUF) |
| Form Type | 10-K |
| Filed Date | Apr 15, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: spac, 10-k, financials
TL;DR
SPAC Integrated Wellness Acquisition Corp filed its 2024 10-K, still looking for a deal.
AI Summary
Integrated Wellness Acquisition Corp filed its 10-K for the fiscal year ending December 31, 2024. The company, a special purpose acquisition company (SPAC), reported no significant revenue-generating activities as of this filing. Its primary focus remains on identifying and completing a business combination, with its operations and financial condition heavily influenced by its sponsor and the terms of its initial public offering.
Why It Matters
This filing provides investors with the latest financial status and operational overview of Integrated Wellness Acquisition Corp as it continues its search for a merger target.
Risk Assessment
Risk Level: medium — As a SPAC, the company's primary risk is its ability to successfully complete a business combination within its mandated timeframe.
Key Numbers
- 2875000 — Shares (Appears in relation to Sponsor and Working Capital Loans)
- 4255117 — Shares (Appears in relation to Public Warrants)
- 1185481 — Shares (Appears in relation to Public Warrants)
Key Players & Entities
- Integrated Wellness Acquisition Corp (company) — Filer of the 10-K
- 2024-12-31 (date) — Fiscal year end
- 1441 BROADWAY, 6TH FLOOR NEW YORK, NY 10018 (address) — Company's business and mailing address
- 001-41131 (company_id) — SEC File Number
- Sriram Associates Llc (company) — Mentioned in relation to a Purchase Agreement and Sponsor
FAQ
What is the primary business of Integrated Wellness Acquisition Corp?
Integrated Wellness Acquisition Corp is a special purpose acquisition company (SPAC) formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination.
What is the fiscal year end for this 10-K filing?
The fiscal year end for this 10-K filing is December 31, 2024.
When was the company incorporated?
The company was incorporated in Delaware (E9).
What is the company's SIC code?
The company's Standard Industrial Classification (SIC) code is 5960, which falls under Retail-Nonstore Retailers.
Who is identified as a sponsor or related party in the filing details?
The filing mentions 'wel:SponsorMember' and 'Sriram Associates Llc' in relation to purchase agreements and sponsor roles.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on April 15, 2025 regarding Integrated Wellness Acquisition Corp (WELUF).