Company: NIVFW
Filing Date: 2025-08-21
Form Type: DRS
Source: 0001213900-25-079301
Chunk: 50

Company: NewGenIvf Group Ltd
Filing Date: 2025-08-21
Form: DRS
Chunk 50
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 the benefit
of our security holders. Additionally, our failure to file our past periodic reports and future periodic reports has resulted in and could
result in investors not receiving adequate information regarding us with which to make investment decisions. As a result, investors may
not have access to current or timely financial information about our business.

If we are unable to continue to meet the listing requirements of Nasdaq, our Class A Ordinary Shares will be delisted.

On October 8, 2024, the Company
received a deficiency letter (“Bid Price Deficiency Letter”) from the Listing Qualifications Department (the “Staff”)
of Nasdaq notifying the Company that it is currently not in compliance with the closing bid price requirement under Nasdaq Listing Rule
5450(a)(1) (the “Minimum Bid Price Rule”). The Bid Price Deficiency Letter stated that, for the preceding 30 consecutive business
days, the Company’s Class A Ordinary Shares did not meet the minimum closing bid price of $1 per share pursuant to the Minimum Bid
Price Rule. The Company has an initial compliance period of 180 calendar days, or until April 7, 2025 to regain compliance with the Minimum
Bid Price Rule. The Deficiency letter stated that if at any time the closing bid price of the Company’s Class A Ordinary Shares
is at least $1 for a minimum of ten consecutive business days, Nasdaq will provide the Company written confirmation of compliance with
this requirement, as applicable. On February 11, 2025, the Company effected a 1-for-20 reverse stock split of its issued and unissued
shares. The effect of the reverse stock split was to consolidate every 20 issued and unissued share into one share. On February 27, 2025,
the Company received a notification letter from Nasdaq, indicating that the closing bid price of the Company’s securities had been
at $1.00 per share or greater for 10 consecutive business days from February 11, 2025 to February 26, 2025, and the Company had regained
compliance with the Minimum Bid Price Rule. Notwithstanding the foregoing, if within one year of the First Reverse Stock Split or the
Second Reverse Stock Split, the Company’s Class A Ordinary Shares fall below $1.00 per share for 30 consecutive business days, or
if within a two-year period from the First Reverse Stock Split or the Second Reverse Stock Split, the Company effects one or more reverse
stock splits with a cumulative ratio of