tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Integrated Wellness Acquisition Extends Business Combination Deadline

Story Highlights
  • On December 12, 2025, shareholders approved extensions, governance changes, and auditor ratification.
  • About 1.1 million Class A shares were redeemed, removing roughly $14.3 million from the trust account.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Integrated Wellness Acquisition Extends Business Combination Deadline

Claim 70% Off TipRanks This Holiday Season

Integrated Wellness Acquisition ( (WELNF) ) has shared an announcement.

On December 12, 2025, Integrated Wellness Acquisition held an extraordinary general meeting in lieu of its annual shareholder meeting, where investors approved several amendments to its governing documents, including extending the deadline to complete an initial business combination from December 15, 2025 to March 16, 2026, allowing the board to wind up the company earlier than that date, eliminating a minimum net tangible asset requirement for redemptions, and ratifying BDO USA, LLP as its independent auditor for 2025. At the same meeting, shareholders holding 1,109,590 Class A ordinary shares opted to redeem their shares for an estimated $12.90 per share, leading the company to expect the removal of roughly $14.3 million from its trust account, and the approved charter amendment was filed with the Cayman Islands Registrar of Companies on December 12, 2025, underscoring both the company’s continued pursuit of a business combination and the flexibility it now has to liquidate or handle redemptions.

More about Integrated Wellness Acquisition

Average Trading Volume: 20,200

Technical Sentiment Signal: Buy

Current Market Cap: $50.53M

For a thorough assessment of WELNF stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1