Company: NIVFW
Filing Date: 2025-04-22
Form Type: 20-F
Source: 0001213900-25-033966
Chunk: 37

Company: NewGenIvf Group Ltd
Filing Date: 2025-04-22
Form: 20-F
Item: Item 3
Chunk 37
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with these laws and regulations and its contractual obligations, NewGenIvf cannot provide assurance regarding how these laws and regulations
will be interpreted, enforced or applied to its operations. In associated with enforcement activities and potential contractual liabilities,
its ongoing efforts to comply with evolving laws and regulations might also require it to make costly system purchases and/or modifications
or otherwise divert significant resources to compliance initiatives from time to time.

  Other Privacy and Security Requirements. In addition, numerous other laws govern the collection, dissemination, use, access to and confidentiality of personal information. For example, the Law ...  

Certain of NewGenIvf’s solutions
and services involve the transmission and storage of client data in various jurisdictions, which subjects the operation of those solutions
and services to privacy or data protection laws and regulations in those jurisdictions. While NewGenIvf believes those solutions and services
comply with current regulatory and security requirements in the jurisdictions in which it provides these solutions and services, there
can be no assurance that such requirements will not change or that it will not otherwise be subject to legal or regulatory actions. The
laws and regulations are rapidly evolving and changing, and could have an adverse impact on its operations. These laws and regulations
are subject to uncertainty in how they may be interpreted and enforced by government authorities and regulators. The costs of compliance
with, and the other burdens imposed by, these and other laws or regulatory actions may increase its operational costs, prevent it from
providing its solutions, and/or impact its ability to invest in or jointly develop its solutions. NewGenIvf also may face audits or investigations
by one or more government agencies relating to its compliance with these laws and regulations.

An adverse outcome under any such investigation
or audit could result in fines, penalties, other liability, or could result in adverse publicity or a loss of reputation, and adversely
affect NewGenIvf’s business. Any failure or perceived failure by it or by NewGenIvf’s solutions to comply with these laws
and regulations may subject it to legal or regulatory actions, damage its reputation or adversely affect its ability to provide its solutions
in the jurisdiction that has enacted the applicable law or regulation. Moreover, if these laws and regulations change, or are interpreted
and applied in a manner that is inconsistent with its policies and processes or the operation of its solutions NewGenIvf may need to expend
resources in order to change its business operations, policies and processes or the manner in which it provides its solutions. This could
adversely affect