Company: NIVFW
Filing Date: 2025-04-22
Form Type: 20-F
Source: 0001213900-25-033966
Chunk: 135

Company: NewGenIvf Group Ltd
Filing Date: 2025-04-22
Form: 20-F
Item: Item 16F
Chunk 135
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ITEM 16F. CHANGE IN REGISTRANT’S CERTIFYING ACCOUNTANT

Following the consummation of the Business Combination, for the fiscal years ended December 31, 2023 and December 31, 2024, Onestop Assurance PAC (“Onestop”) and J & S Associate (“J & S”) were engaged respectively as the Company’s independent auditors. Onestop was dismissed effective September 3, 2024 while J & S was appointed as the auditor for the Company on the same day. In connection with the Business Combination, WWC, P.C., who was the auditor for NewGenIvf Limited., was dismissed, effective April 3, 2024.

The report of Onestop on the financial statement of NewGenIvf Limited as of December 31, 2023, and for the period ended December 31, 2023, did not contain any adverse opinion or a disclaimer of opinion, nor were such reports qualified or modified as to uncertainty, audit scope, or accounting principles. NewGenIvf Limited’s audit report contained an explanatory paragraph related to the substantial doubt of going concern.

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During the audit for the year ended December 31, 2023 and through September 3, 2024, there were no “disagreements,” as this term is defined in Item 16F(a)(1)(iv) of Form 20-F and the related instructions to Item 16F of Form 20-F, with Onestop on any matter of accounting principles or practices, financial statement disclosures, or auditing scope or procedure, which such disagreements, if not resolved to the satisfaction of Onestop, would have caused Onestop to make reference thereto in its reports on the financial statements of Onestop for such period. During the audit for the year ended December 31, 2023 and through September 3, 2024, there were no “reportable events” as that term is described in paragraphs (A) through (D) of Item 16F(a)(1)(v) of Form 20-F.

During the year end December 31, 2024, neither the Company, nor anyone on its behalf, consulted J & S regarding either (i) the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered with respect to the financial statements of the Company and neither a written report was provided to the Company or oral advice was provided