On August 20, 2026, the Board of Directors appointed Binson Lau as Co-Chief Executive Officer of Integrated Wellness Acquisition Corp, effective immediately. Mr. Lau, age 48, has served as chairman since February 2024 and previously held executive roles at Btab Group Inc. and Btab Ecommerce Group, Inc., bringing over ten years of experience in technology, grocery, farming, electronics, sports, commercial, consumer, and home products. The company operates in the special purpose acquisition company (SPAC) industry, seeking to merge with a private operating business.

On August 10, 2026, Donald Fell, Michael Peterson, and Suren Ajjarapu resigned from the Board of Directors and related committees of Integrated Wellness Acquisition Corp, effective immediately. The company stated that these departures were for personal reasons and did not result from any disagreements with management or the Board regarding operations, policies, or practices. This is a SPAC (Special Purpose Acquisition Company) focused on identifying and merging with private operating companies.