Company: NIVFW
Filing Date: 2025-10-31
Form Type: 424B3
Source: 0001213900-25-104469
Chunk: 290

Company: NewGenIvf Group Ltd
Filing Date: 2025-10-31
Form: 424B3
Chunk 290
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 of the Plot to the Master Developer, while BNW shall be responsible for all the other cashflow
and financing requirements of the project. In the event that BNW pays the balance of the Purchase Price of the Plot to the Master Developer,
NewGenProperty shall reimburse BNW in accordance with the provisions of the joint venture agreement.

NewGenProperty’s entitlement
is an amount equivalent to 36% of the Gross Sales Revenue or Gross Sellable Area generated from the project, with deductions including
(i) up to 10% of External and Internal Real Estate Agent and Brokerage Fees; (ii) 2% of Gross Sales Revenue for BNW’s Marketing
Fees; and (iii) any amounts paid by the Developer towards the balance of the Purchase Price of the Plot on behalf of NewGenProperty.

Subsequent to June
30, 2025 and to the date of this report, $600,000 convertible notes outstanding as of June 30, 2025 had been converted to additional
205,852 Class A ordinary shares (adjusted by Reverse Stock Split on August 5, 2025).

Other than the events mentioned
above, there have been no other subsequent events noted till the date of these financial statements.

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