Integrated Wellness Acquisition Corp. (OTC: WELNF) has successfully secured shareholder approval for its business combination with Btab Ecommerce Group, Inc. (OTC: BBTT), a global player in e-commerce and technology. This significant decision was reached during an Extraordinary General Meeting of Shareholders held on December 8, 2025, where all necessary proposals to finalize the merger were endorsed.
The combination is poised to close after fulfilling customary conditions outlined in the proxy statement and prospectus filed with the U.S. Securities and Exchange Commission (SEC). These conditions include obtaining the required exchange listing approvals for the newly formed entity and securing the necessary financing to meet listing requirements.
Upon completion, the combined entity will operate under the name Btab Ecommerce Holdings, Inc., with plans to trade its common stock and warrants under the new ticker symbols “BTAB” and “BTABW”, respectively. This transition marks a pivotal moment for both companies as they aim to leverage their synergies in the fast-evolving e-commerce landscape.
The merger is expected to enhance operational capabilities and allow for greater market penetration in the competitive e-commerce sector. Btab’s established technology and global reach align with IWAC’s strategic objectives, creating a robust platform for future growth.
This move is indicative of a broader trend within the financial markets where special purpose acquisition companies, or SPACs, are increasingly facilitating mergers with technology firms. The successful vote reflects shareholders’ confidence in the strategic direction of the combined company.
As the companies prepare for the merger’s closing, stakeholders will be monitoring the remaining regulatory approvals closely. The anticipated benefits of this business combination highlight the evolving nature of the e-commerce industry and the necessity for companies to adapt to changing market conditions.
In summary, the approval of the business combination between Integrated Wellness Acquisition Corp. and Btab Ecommerce Group, Inc. marks a significant development in the e-commerce sector, setting the stage for a new chapter in the operations of both companies.
