Integrated Wellness Acquisition Corp Confirms Funding and Extension of Deadline to Complete Business Combination
New York, March 14, 2023 (GLOBE NEWSWIRE) -- Integrated Wellness Acquisition Corp (NYSE: WEL) (the “Company”) announced today that its sponsor, IWH Sponsor LP (the “Sponsor”), has deposited an aggregate of $1.15 million (representing $0.10 per public share) into the Company’s trust account for its public shareholders.
- New York, March 14, 2023 (GLOBE NEWSWIRE) -- Integrated Wellness Acquisition Corp (NYSE: WEL) (the “Company”) announced today that its sponsor, IWH Sponsor LP (the “Sponsor”), has deposited an aggregate of $1.15 million (representing $0.10 per public share) into the Company’s trust account for its public shareholders.
- This deposit enables the Company to extend the date by which the Company has to complete its initial business combination from March 13, 2023 to June 13, 2023 (the “Extension”).
- The Extension is the first of two three-month automatic extensions permitted under the Company’s governing documents and provides the Company with additional time to complete its initial business combination with Refreshing USA, LLC.