WELNF · Integrated Wellness Acquisition Corp · Executive Compensation
$12.21
At close · Dec 1
Return incl. dividend (before tax)
Going-concern doubt
— flagged Aug 21, 2026
Substantial doubt about the company's ability to continue as a going concern.
“As of December 31, 2025, the Company had $0 in cash and a working capital deficit of $9,289,157. The Company has incurred and expects to continue to incur significant costs in pursuit of its financing and acquisition plans. The Company may need to raise additional capital through loans or additional investments from its Sponsor, shareholders, officers, directors, or third parties. The Company's officers, directors and Sponsor may, but are not obligated to, loan the Company funds, from time to time or at any time, in whatever amount they deem reasonable in their sole discretion, to meet the Company's working capital needs. Accordingly, the Company may not be able to obtain additional financing. If the Company is unable to raise additional capital, it may be required to take additional measures to conserve liquidity, which could include, but not necessarily be limited to, curtailing operations, suspending the pursuit of a potential transaction, and reducing overhead expenses. The Company cannot provide any assurance that new financing will be available to it on commercially acceptable terms, if at all. These conditions raise substantial doubt about the Company's ability to continue as a going concern.”View the 10-K filed Aug 21, 2026
Market Cap
$35.97M
Shares
2.95M
Volume · Dec 1
300
Avg daily vol (7 sessions)
25.7K
Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.
No Compensation Data
No Summary Compensation Table has been imported from this company's proxy statements yet.
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Binson Lau | Co-Chief Executive Officer | Appointed | 2026-08-24 |
| Suren Ajjarapu | Board of Directors | Resigned | 2026-08-14 |
| Michael Peterson | Board of Directors | Resigned | 2026-08-14 |
| Donald Fell | Board of Directors | Resigned | 2026-08-14 |
| Matthew Malriat | Chief Executive Officer | Appointed | 2024-12-17 |
| Suren Ajjarapu | Chief Executive Officer | Resigned | 2024-12-17 |
| Hadrien Forterre | Outgoing Director and Officer | Resigned | 2024-02-16 |
| Robert Quandt | Outgoing Director and Officer | Resigned | 2024-02-16 |
| Gael Forterre | Outgoing Director and Officer | Resigned | 2024-02-16 |
| Scott Powell | Outgoing Director and Officer | Resigned | 2024-02-16 |
| James MacPherson | Outgoing Director and Officer | Resigned | 2024-02-16 |
| Steven Schapera | Outgoing Director and Officer | Resigned | 2024-02-16 |
| Antonio Varano Della Vergiliana | Outgoing Director and Officer | Resigned | 2024-02-16 |
| Michael Peterson | New Director | Appointed | 2024-02-16 |
| John Zhong Chen | New Director | Appointed | 2024-02-16 |
| Yueh Eric Seto | New Director | Appointed | 2024-02-16 |
| Donald Fell | New Director | Appointed | 2024-02-16 |
| Suren Ajjarapu | New Director | Appointed | 2024-02-16 |
| Binson Lau | New Director | Appointed | 2024-02-16 |
| Matthew Malriat | New Director | Appointed | 2024-02-16 |
| Matthew Malriat | Chief Financial Officer | Appointed | 2024-02-16 |
| Suren Ajjarapu | Chief Executive Officer | Appointed | 2024-02-16 |
| Yueh Eric Seto | director | Appointed | 2024-02-01 |
| Michael Peterson | director | Appointed | 2024-02-01 |
| Donald Fell | director | Appointed | 2024-02-01 |
Leadership
- Binson Lau CEO, Board Member
- Matthew Malriat CEO, CFO, Board Member
- Suren Ajjarapu CEO, Board Member
- Donald Fell Board Member
- John Zhong Chen Board Member
- Michael Peterson Board Member
- Yueh Eric Seto Board Member