I wanted to express that the objects will not longer be available as such (sound content and metadata) after the encoding back to Dolby Atmos, because the decoded interleaved WAV files would not have that metadata. Of course, all Atmos sound content (Atmos bed channels + Objects) will be in the corresponding channels.
So, a different Dolby Atmos file (with different channels/objects) will result after the decoding/encoding process. But it will sound the same, with the same content in the same channels/speakers.
Am I right?
That's correct if the encode/decode uses the same channel layout as your speaker layout. Play the reencoded file on a system with different speaker layout and it may sound a little different as the objects are now 'hard encoded' to the channel layout specified in the decode/encode process.