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Integrated Wellness names Binson Lau co-CEO

Integrated Wellness Acquisition Corp (WELNF) reported a leadership change, with the Board appointing Binson Lau as Co-Chief Executive Officer, effective August 20, 2026.

(High)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Integrated Wellness Acquisition Corp (WELNF) reported a leadership change, with the Board appointing Binson Lau as Co-Chief Executive Officer, effective August 20, 2026. Lau, age 48, has served as chairman of the Board since February 2024 and has extensive experience working with international manufacturers, retailers, and end-users across multiple industries.

Lau is the founder and Chief Executive Officer of Btab Group Inc. and has also served since March 2023 as Chief Executive Officer and chairman of Btab Ecommerce Group, Inc. (OTC: BBTT), as well as Chief Executive Officer and director of Btab Group Australia since January 2015. The company previously entered into a Business Combination Agreement and later an Amended and Restated Business Combination Agreement with Btab-related entities, in which Lau has interests, with further details described in the company’s definitive proxy statement filed November 12, 2025 and subsequent SEC filings.

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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Effective date of Co-CEO appointment August 20, 2026 Date Binson Lau was appointed Co-Chief Executive Officer
Age of Co-Chief Executive Officer 48 Age of Binson Lau as disclosed in the appointment description
Start of chairman role February 2024 Month and year Binson Lau began serving as chairman of the Board
Btab Ecommerce Group CEO start date March 2023 Date from which Binson Lau has served as CEO and chairman of Btab Ecommerce Group, Inc.
Business Combination Agreement date May 30, 2024 Date Integrated Wellness Acquisition Corp entered into the original Business Combination Agreement with Btab
Amended and Restated Business Combination Agreement date August 26, 2024 Date the company and Btab entered into the Amended and Restated Business Combination Agreement
Proxy statement filing date November 12, 2025 Date of the definitive proxy statement referenced for details on the Business Combination Agreement
Business Combination Agreement financial
"the Company entered into a Business Combination Agreement with IWAC Georgia Merger Sub, Inc. and Btab Ecommerce Group, Inc."
A business combination agreement is a detailed contract that lays out the terms for two companies to join together—covering price, how ownership will be split, the steps needed to close the deal, and what each side promises to do or avoid before closing. For investors it matters because the agreement determines potential changes in value, control, timing, and risk exposure—think of it like the playbook for a merger that shows who wins, who pays, and what could still derail the plan.
Amended and Restated Business Combination Agreement financial
"the Company and Btab entered into an Amended and Restated Business Combination Agreement"
emerging growth company regulatory
"Emerging growth company x"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
definitive proxy statement regulatory
"see the definitive proxy statement filed by the Company on November 12, 2025"
A Definitive Proxy Statement is a detailed document that a company sends to its shareholders before a big meeting, like voting on important decisions. It explains what's being voted on and gives important information so shareholders can make informed choices. It matters because it helps shareholders understand and participate in key company decisions.

FAQ

What leadership change did Integrated Wellness Acquisition Corp (WELNF) announce on August 20, 2026?

The company appointed Binson Lau as Co-Chief Executive Officer, effective immediately on August 20, 2026. He has also served as chairman of the Board since February 2024 and brings over ten years of experience with international manufacturers, retailers, and end-users.

What is Binson Lau’s background relevant to Integrated Wellness Acquisition Corp (WELNF)?

Binson Lau, age 48, founded Btab Group Inc. and serves as its Chief Executive Officer and chairman. Since March 2023, he has been Chief Executive Officer and chairman of Btab Ecommerce Group, Inc. (OTC: BBTT) and has led Btab Group Australia since January 2015.

How is Binson Lau connected to the Btab business combination involving WELNF?

Lau is Chief Executive Officer and chairman of Btab Ecommerce Group, Inc., which is party to a Business Combination Agreement and an Amended and Restated Business Combination Agreement with Integrated Wellness Acquisition Corp and related entities, in which Lau has interests as acknowledged in the agreement.

What prior transaction did Integrated Wellness Acquisition Corp (WELNF) disclose involving Btab?

The company entered into a Business Combination Agreement with IWAC Georgia Merger Sub, Inc. and Btab Ecommerce Group, Inc. on May 30, 2024, and an Amended and Restated Business Combination Agreement with Btab and additional IWAC affiliates on August 26, 2024.

Where can investors find more details on Binson Lau’s interests in WELNF’s business combination?

Further details on Mr. Lau’s interests in the transaction are provided in Integrated Wellness Acquisition Corp’s definitive proxy statement filed November 12, 2025 and the company’s subsequent SEC filings, as referenced in the disclosure.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

PURSUANT TO SECTION 13 OR 15(d) 

OF THE SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): August 20, 2026

 

INTEGRATED WELLNESS ACQUISITION CORP

(Exact name of registrant as specified in its charter)

 

Cayman Islands   001-41131   98-1615488
(State or other jurisdiction of
incorporation)
  (Commission File Number)   (IRS Employer Identification No.)

 

48 Wall Street, Level 11

New York, NY 10005

(Address of principal executive offices, including zip code)

 

Registrant’s telephone number, including area code: (917) 397-7625

 

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act: None

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company x

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

 

 

 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. 

 

On August 20, 2026the Board of Directors (the “Board”) appointed Binson Lau as the Co-Chief Executive Officer of Integrated Wellness Acquisition Corp (the “Company”)effective immediately 

 

Mr. Lau, age 48, has served as our chairman of the Board since February 2024 and as our Co-Chief Executive Officer since August 2026. He has dealt with international manufacturers, retailers, and end-users in various industries for more than 10 years. He has a strong knowledge base in technology, grocery, farming, electronics, sports, commercial, consumer, and home products. Mr. Lau founded Btab Group Inc., an ecommerce company focusing on empowering small businesses, and served as its Chief Executive Officer and Chairman of the board from November 2018 until the present. Since March 2023, Mr. Lau has served as Chief Executive Officer and Chairman of the board of Btab Ecommerce Group, Inc. (OTC: BBTT), a holding company of five subsidiaries focusing on ecommerce, manufacturing and wholesale. Mr. Lau founded and has been serving as Chief Executive Officer and Director of Btab Group Australia, an ecommerce technology development company in Australia, since January 2015. He holds a bachelor’s degree in Commerce from Curtin University.  

  

On May 30, 2024, the Company entered into a Business Combination Agreement with IWAC Georgia Merger Sub, Inc. and Btab Ecommerce Group, Inc. (“Btab”). On August 26, 2024, the Company and Btab entered into an Amended and Restated Business Combination Agreement (the “Business Combination Agreement”) with IWAC Holding Company Inc., a wholly-owned subsidiary of IWAC (“Pubco”), IWAC Purchaser Merger Sub II Inc., a wholly-owned subsidiary of Pubco, IWAC Company Merger Sub Inc., a wholly-owned subsidiary of Pubco, and acknowledging and agreeing solely with respect to Section 2.1(a)(ii) thereof, Mr. Lau.

 

For additional information about the Business Combination Agreement and Mr. Lau’s interests in the transaction, see the definitive proxy statement filed by the Company on November 12, 2025 and the Company’s subsequent filings with the Securities and Exchange Commission. 

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Integrated Wellness Acquisition Corp  
   
By: /s/ Matthew Malriat  
  Name: Matthew Malriat  
  Title: Chief Executive Officer  

 

Dated: August 24, 2026

 

 

 

Filing Exhibits & Attachments

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