SCHEDULE: Wolverine Entities Disclose 7.42% Stake in Integrated Wellness

Wolverine Asset Management and related entities have reported a 7.42% beneficial ownership stake in Integrated Wellness Acquisition Corp.

Summary

• Wolverine Asset Management, LLC, along with Wolverine Trading Partners, Inc., Wolverine Holdings, L.P., Christopher L. Gust, and Robert R. Bellick, collectively reported beneficial ownership of 88,000 Class A Ordinary Shares of Integrated Wellness Acquisition Corp.
• This ownership represents 7.42% of the issuer's Class A Ordinary Shares outstanding.
• The percentage was calculated based on 1,185,481 Class A ordinary shares outstanding as of September 5, 2025, as reported in the Issuer's Form 10-Q filed on that date.
• The reporting persons hold shared voting power and shared dispositive power over all 88,000 shares.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 6

Explanation: The filing indicates a significant beneficial ownership stake by a reputable asset management group, which can be viewed as a vote of confidence. However, it is a passive disclosure and does not provide operational or financial performance details.

Positives

• A significant institutional investor group, Wolverine Asset Management and its affiliates, has taken a substantial stake, potentially signaling confidence in the issuer's long-term prospects.
• The filing explicitly states the stake is held in the ordinary course of business and not for influencing control, suggesting a passive investment intent.

Negatives

• The filing itself does not contain any negative information regarding the issuer's performance or outlook.

Risks

• The concentration of a significant ownership percentage (7.42%) by a single group could, in theory, lead to influence over corporate decisions, although the filing explicitly disclaims intent to influence control.
• The 'Date of Event Which Requires Filing of this Statement' is listed as September 30, 2025, which is a future date relative to the filing date of September 7, 2025, an unusual reporting anomaly that could indicate a specific future event triggering the disclosure.

Related Party Transactions

• Wolverine Flagship Fund Trading Limited is known to have the right to receive dividends from, or proceeds from the sale of, the Class A ordinary shares beneficially owned by Wolverine Asset Management, LLC.

Stakeholder Impact

• Shareholders: The disclosure of a significant institutional holder may increase investor confidence and liquidity.
• Management: Awareness of a substantial passive investor may influence strategic considerations, though the filing explicitly states no intent to influence control.

Key Dates

Keywords

Integrated Wellness Acquisition Corp, Wolverine Asset Management, Schedule 13G, beneficial ownership, Class A Ordinary Shares, SPAC, institutional investment, G4828B100