Btab Ecommerce Group Signs Business Combination Agreement with Integrated Wellness Acquisition Corp.
SYDNEY, Australia and New York, NY, May 31, 2024 (GLOBE NEWSWIRE) -- Btab Ecommerce Group, Inc., an e-commerce company (OTC: BBTT) (“BBTT” or the “Company”), and Integrated Wellness Acquisition Corp, a special purpose acquisition company (NYSE: WEL) (“WEL” or “Integrated Wellness”), today announced that they have entered into a definitive business combination agreement (the "BCA") providing for a business combination between WEL and BBTT (the "Transaction").
- SYDNEY, Australia and New York, NY, May 31, 2024 (GLOBE NEWSWIRE) -- Btab Ecommerce Group, Inc., an e-commerce company (OTC: BBTT) (“BBTT” or the “Company”), and Integrated Wellness Acquisition Corp, a special purpose acquisition company (NYSE: WEL) (“WEL” or “Integrated Wellness”), today announced that they have entered into a definitive business combination agreement (the "BCA") providing for a business combination between WEL and BBTT (the "Transaction").
- Upon completion of the Transaction, WEL will be renamed Btab Ecommerce Holdings, Inc and is expected to continue to be listed on NYSE.
- The planned business combination with WEL represents a significant milestone in our growth strategy.
- Suren Ajjarapu, Chief Executive Officer of Integrated Wellness, said, “It is gratifying to be working with Mr. Lau to help accelerate BBTT’s growth strategy.