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