Brief: Refreshing Usa Llc Announces Plans To Go Public Via Merger With Integrated Wellness Acquisition Corp

Integrated Wellness Acquisition

10/02/2023 13:49

Feb 10 (Reuters) - Integrated Wellness Acquisition Corp
 WEL.N :
    * REFRESHING USA LLC, A NATIONAL US INDEPENDENT AUTOMATED
UNATTENDED RETAILER, ANNOUNCES PLANS TO GO PUBLIC VIA MERGER
WITH INTEGRATED WELLNESS ACQUISITION CORP
    * INTEGRATED WELLNESS ACQUISITION CORP - COMBINED CO , TO BE
NAMED
REFRESHING USA, WILL HAVE AN IMPLIED PRO-FORMA ENTERPRISE VALUE
OF ABOUT $197.97 MILLION
    * INTEGRATED WELLNESS ACQUISITION CORP - PUBCO WILL OPERATE
UNDER
"REFRESHING USA" NAME
    * INTEGRATED WELLNESS ACQUISITION CORP - CURRENT REFRESHING
USA
SHAREHOLDERS WILL RETAIN 100% OF THEIR EQUITY
    * INTEGRATED WELLNESS ACQUISITION CORP - PUBCO IS EXPECTED
TO BE
LISTED ON NEW YORK STOCK EXCHANGE UNDER NEW TICKER SYMBOL
"RUSA."
    * INTEGRATED WELLNESS ACQUISITION CORP -  CURRENT REFRESHING
USA
SHAREHOLDERS WILL CONTINUE TO OWN ABOUT 52.67% OF COMBINED CO ON
A PRO FORMA BASIS

Source text for Eikon:  ID:nGNX7SnVB1 
Further company coverage:  WEL.N 
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