Integrated Wellness Acquisition Corp. Class A (WEL) has released an update to notify the public and investors about its officers.
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The Company’s management team and board of directors underwent significant changes at the Closing, with the appointment of new board members and a management team led by Suren Ajjarapu and comprising Binson Lau, Matthew Malriat, John Zhong Chen, Yueh Eric Seto, Donald Fell, and Michael Peterson. The existing board, excluding Ajjarapu, appointed these new Designees, who also assumed roles on various company committees. The outgoing management team and board members, including Steven Schapera and others, agreed to resign after a 10-day waiting period following the filing of a Schedule 14F-1. The extensive experience of the new appointees in various industries and roles, including business, law, economics, and the public sector, is expected to bring valuable insights to the Company’s board.
For further insights into WEL corporate activity, check out TipRanks’ Insiders Trading Activity page.
For a comprehensive understanding of the announcement, you can read the full document here.
