Integrated Wellness Acquisition Corp Reports Officer/Director Changes
Ticker: WELUF · Form: 8-K · Filed: Feb 16, 2024 · CIK: 1877557
| Field | Detail |
|---|---|
| Company | Integrated Wellness Acquisition Corp (WELUF) |
| Form Type | 8-K |
| Filed Date | Feb 16, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: leadership-change, compensation, corporate-governance
TL;DR
**IWAC just reported changes in its board/officer structure and compensation, effective February 12th.**
AI Summary
Integrated Wellness Acquisition Corp (IWAC) filed an 8-K on February 16, 2024, reporting an event on February 12, 2024. The filing indicates a change related to the departure or election of directors or officers, and compensatory arrangements for certain officers. The company, incorporated in the Cayman Islands, has a business address at 59 N. Main Street, Florida, NY 10921.
Why It Matters
Changes in leadership and compensation can signal strategic shifts or financial health, impacting investor confidence and future company direction.
Risk Assessment
Risk Level: medium — Changes in leadership can introduce uncertainty, but the specific details of the changes are not provided in this summary to fully assess the impact.
Key Players & Entities
- Integrated Wellness Acquisition Corp (company) — Registrant
- Cayman Islands (location) — State of incorporation
- February 12, 2024 (date) — Date of earliest event reported
- February 16, 2024 (date) — Filed as of date
- 59 N. Main Street, Florida, NY 10921 (location) — Principal executive office address
FAQ
What was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on February 12, 2024.
What is the full name of the registrant company?
The exact name of the registrant company as specified in its charter is INTEGRATED WELLNESS ACQUISITION CORP.
Where is Integrated Wellness Acquisition Corp incorporated?
Integrated Wellness Acquisition Corp is incorporated in the Cayman Islands.
What is the primary business address of Integrated Wellness Acquisition Corp?
The principal executive office address for Integrated Wellness Acquisition Corp is 59 N. Main Street, Florida, NY 10921.
What specific items were reported under Item 5.02 of this 8-K?
Item 5.02 of this 8-K reported on "Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers."
Filing Stats: 619 words · 2 min read · ~2 pages · Grade level 15.4 · Accepted 2024-02-16 16:12:19
Key Financial Figures
- $0.0001 — nsisting of one Class A ordinary share, $0.0001 par value, and one-half of one redeemab
Filing Documents
- tm246525d1_8k.htm (8-K) — 29KB
- 0001104659-24-024907.txt ( ) — 249KB
- wel-20240212.xsd (EX-101.SCH) — 3KB
- wel-20240212_def.xml (EX-101.DEF) — 27KB
- wel-20240212_lab.xml (EX-101.LAB) — 36KB
- wel-20240212_pre.xml (EX-101.PRE) — 25KB
- tm246525d1_8k_htm.xml (XML) — 6KB
02 Departure of Directors or Principal
Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers. On February 1, 2024, the Company filed with the Securities and Exchange Commission (the " SEC ") and subsequently mailed to its shareholders of record the Company's information statement on Schedule 14f-1 in connection with a change in majority control of the Company's board of directors other than by a meeting of shareholders (the " 14F "). The Company designated each of Suren Ajjarapu, Binson Lau, Matthew Malriat, John Zhong Chen, Yueh Eric Seto, Donald Fell and Michael Peterson (the " New Directors) and designated Suren Ajjarapu as Chief Executive Officer and Matthew Malriat as Chief Financial Officer ( the "New Officers ") to fill the vacancies to be left by departing directors and officers including Steven Schapera, Antonio Varano Della Vergiliana, James MacPherson, Robert Quandt, Gael Forterre, Scott Powell and Hadrien Forterre (the " Outgoing Directors and Officers "), to be effective ten (10) days after the mailing of the 14F. On February 12, 2024, the resignation of the Outgoing Directors and Officers and the appointment of the New Directors and the New Officers became effective. The biography information of the New Directors and the New Officers were reported in the Company's Current Report on Form 8-K filed by the Company with the SEC on February 1, 2024. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Integrated Wellness Acquisition Corp By: /s/ Suren Ajjarapu Name: Suren Ajjarapu Title: Chief Executive Officer Dated: February 16, 2024