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home / news releases / btab ecommerce group inc bbtt announces business com


WEL - Btab Ecommerce Group Inc. (BBTT) Announces Business Combination Agreement with Integrated Wellness Acquisition Corp. (NYSE: WEL); Transaction Expected to Close in Q4 2024

Ecommerce Group (OTC: BBTT), a dynamic e-commerce support company, announces its Business Combination Agreement ("BCA") with Integrated Wellness Acquisition (NYSE: WEL) ("WEL" or "Integrated Wellness"), a special purpose acquisition company. This pivotal agreement signifies a major milestone in Btab's growth trajectory.

Key Highlights:

  • The transaction is set to close by the end of Q4 2024
  • The BCA values Btab at an equity value of $250 million
  • Integrated Wellness will issue 25 million shares of its common stock valued at $10 per share

Strategic Implications:

For Btab, this agreement is a strategic step towards expanding its global reach and enhancing its mission to support small businesses worldwide. The e-commerce market is projected to reach...

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NOTE TO INVESTORS: The latest news and updates relating to BBTT are available in the company’s newsroom at http://ibn.fm/BBTT

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Stock Information

Company Name: Integrated Wellness Acquisition Corp Class A
Stock Symbol: WEL
Market: NYSE

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