Integrated Wellness Acquisition Corp

CIK:0001877557|SEC Filings

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	12 Months Ended
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	Dec. 31, 2025	Dec. 31, 2024
Formation and operating costs	$ 597,581	$ 140,852
Accounting and legal expenses	632,406	1,346,772
Listing fees		85,000
Insurance expense	106,957	118,850
Advertising and marketing expenses		18,369
Total Operating expenses	1,456,944	2,069,999
Loss from operations	(1,456,944)	(2,069,999)
Other income:
Interest earned on cash held in Trust Account	452,940	1,969,968
Total other income	452,940	1,969,968
Net loss	(1,004,004)	(100,031)
Related party
Administrative expenses	$ 120,000	360,000
Nonrelated Party
Administrative expenses		$ 156
Redeemable Class A ordinary shares
Other income:
Basic weighted average shares outstanding	1,185,481	4,104,151
Diluted weighted average shares outstanding	1,185,481	4,104,151
Basic net income per share	$ 0.41	$ 0.33
Diluted net income per share	$ 0.41	$ 0.33
Non-redeemable Class B ordinary shares
Other income:
Basic weighted average shares outstanding	2,875,000	2,875,000
Diluted weighted average shares outstanding	2,875,000	2,875,000
Basic net income per share	$ (0.52)	$ (0.51)
Diluted net income per share	$ (0.52)	$ (0.51)

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	Dec. 31, 2025	Dec. 31, 2024
Cash Flows from Operating Activities:
Net loss	$ (1,004,004)	$ (100,031)
Adjustments to reconcile net income to net cash used in operating activities:
Sponsor waiver of administrative services fee	120,000	360,000
Changes in current assets and current liabilities:
Accounts payable and accrued expenses	993,868	831,919
Due from related party	(1,264)	(1,341)
Net cash provided by operating activities	108,600	1,090,547
Cash Flows from Financing Activities:
Payment of shareholder redemptions		(36,721,262)
Payments and deposits made by Suntone	981,072	976,894
Payments made by Suntone under promissory note - Suntone		1,400,102
Net cash provided by (used in) financing activities	981,072	(34,344,266)
Net Change in Cash and Cash held in Trust Account	1,089,672	(33,253,719)
Cash and Cash held in Trust Account - Beginning	14,220,459	47,474,178
Total cash and cash held in Trust Account - Ending	15,310,131	14,220,459
Non-Cash Investing and Financing Activities:
Accretion of Class A ordinary shares subject to possible redemption	$ 1,094,813	3,469,969
Transfer of Due to Suntone amounts to Promissory Note - Suntone		$ 1,533,284

CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2025	Dec. 31, 2024
Current Assets
Cash	$ 0	$ 5,141
Due from related party	$ 2,605	$ 1,341
Other Receivable, after Allowance for Credit Loss, Current, Related Party [Extensible Enumeration]	Sponsor [Member]	Sponsor [Member]
Total Current Assets	$ 2,605	$ 6,482
Non-current assets:
Cash held in Trust Account	15,310,131	14,215,318
Total Non-current Assets	15,310,131	14,215,318
TOTAL ASSETS	15,312,736	14,221,800
Current Liabilities
Accrued expenses	2,395,067	1,943,887
Account payable	959,007	416,319
Total Current Liabilities	9,291,762	7,316,823
Non-current Liabilities
Deferred underwriter's fee payable	4,025,000	4,025,000
Total Noncurrent Liabilities	4,025,000	4,025,000
Total Liabilities	13,316,762	11,341,823
Commitments and Contingencies (Note 5)
Shareholders' Deficit
Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding
Accumulated deficit	(13,314,445)	(11,335,628)
Total Shareholders' Deficit	(13,314,157)	(11,335,340)
TOTAL LIABILITIES, CLASS A ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION AND SHAREHOLDERS' DEFICIT	15,312,736	14,221,800
Prior Sponsor
Current Liabilities
Due to related party	233,229	233,229
Promissory note	1,790,000	1,790,000
New sponsor
Current Liabilities
Promissory note	3,914,459	2,933,387
Class A ordinary shares subject to possible redemption
Non-current Liabilities
Class A ordinary shares subject to possible redemption, $0.0001 par value; 479,000,000 shares authorized; 1,185,481 and 1,185,481 shares issued and outstanding at redemption value as of December 31, 2025 and 2024	15,310,131	14,215,318
Class A ordinary shares not subject to possible redemption
Shareholders' Deficit
Ordinary shares	0	0
Class B ordinary shares
Shareholders' Deficit
Ordinary shares	$ 288	$ 288