Company: NIVFW
Filing Date: 2025-10-31
Form Type: 424B3
Source: 0001213900-25-104469
Chunk: 270

Company: NewGenIvf Group Ltd
Filing Date: 2025-10-31
Form: 424B3
Chunk 270
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, accounts receivables, net, deposits, other receivables and deferred IPO cost, net,
loan to A SPAC I, accounts payables, accrued liabilities and other payables, and due from (to) shareholders, have carrying amounts that
approximate their fair values due to their short maturities. ASC Topic 820, “Fair Value Measurements and Disclosures”
requires disclosing the fair value of financial instruments held by the Company. ASC Topic 825, “Financial Instruments”
defines fair value and establishes a three-level valuation hierarchy for disclosures of fair value measurement that enhances disclosure
requirements for fair value measures. The carrying amounts reported in the consolidated balance sheets for cash and cash equivalents,
accounts and other receivables, accounts and other payables, accrued liabilities and amounts due from (to) related parties each qualify
as financial instruments and are a reasonable estimate of their fair values because of the short period between the origination of such
instruments and their expected realization and their current market rate of interest. The three levels of valuation hierarchy are defined
as follows:

| ● | Level 1 — inputs                                                                                       
 to the valuation methodology used quoted prices for identical assets or liabilities in active markets. |

| ● | Level 2 — inputs                                                                                                                 
 to the valuation methodology include quoted prices for similar assets and liabilities in active markets and information that are 
 observable for the asset or liability, either directly or indirectly, for substantially the financial instrument’s full term     |

| ● | Level 3 — inputs                                                                             
 to the valuation methodology are unobservable and significant to the fair value measurement. |

The Company analyzes all
financial instruments with features of both liabilities and equity under ASC 480, “Distinguishing Liabilities from Equity”
and ASC 815.

The FASB has introduced expanded
income tax disclosure requirements under ASU 2023-09 to improve transparency. Companies will now need to provide a detailed reconciliation
of their effective tax rate, breaking down federal, state, and foreign taxes, as well as specific categories like tax credits and foreign
earnings. Additionally, businesses must disclose income taxes paid by jurisdiction, offering investors greater clarity on tax obligations.
These changes apply to both public and private companies, with annual reporting periods beginning after December 15, 2024 (2025 for calendar-year
entities). This update aims to reduce ambiguity in tax reporting and align disclosures with investor needs.

A major shift in digital
asset accounting, ASU 2023-08 requires companies to measure certain crypto assets (