Company: NIVFW
Filing Date: 2025-10-31
Form Type: 424B3
Source: 0001213900-25-104469
Chunk: 112

Company: NewGenIvf Group Ltd
Filing Date: 2025-10-31
Form: 424B3
Chunk 112
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|                                                       |     | Relationship               |
| Mr. Siu, Wing Fung Alfred and Ms. Fong, Hei Yue Tina* |     | Shareholders and directors |
| Harcourt Limited                                      |     | Controlled by Mr. Siu      |

| * | Ms. Fong is the spouse 
 of Mr. Siu             |

Transaction with Mr. Wing Fung Alfred Siu and Ms. Hei Yue Tina Fong

Historically, certain amount
of cash provided by operating activities was distributed to Mr. Wing Fung Alfred Siu and Ms. Hei Yue Tina Fong, resulting in amount due
from them. For the year ended December 31, 2023, the largest aggregate amount due from Mr. Siu, Wing Fung Alfred and Ms. Fong, Hei Yue
Tina was US$2,240,872. Mr. Siu and Ms. Fong had repaid the outstanding amounts due pursuant to the terms and conditions of the repayment
agreement dated August 14, 2023. As of December 31, 2024, the aggregate balance of amount due to Mr. Siu and Ms. Fong was US$92,651.
As of June 30, 2025, the aggregate balance of amount due from Mr. Siu, Ms. Fong and Harcourt Limited was US$382,687 and will be paid
back before end of 2025.

In addition, NewGenIvf also
recorded remuneration to its directors, Mr. Siu and Ms. Fong. The remuneration to Mr. Siu, Wing Fung Alfred was US$125,000 and US$190,000
during the year ended December 31, 2023 and 2024, respectively. The remuneration during the years ended December 31, 2023 and 2024 was
all in the nature of the fair value of the services provided by Mr. Siu and Ms. Fong. Mr. Siu Wing Fung also entered into agreement to
waive the balance of due from the Company US$88,151 in 2023.

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LISTING DETAILS</div>

Our Class A Ordinary Shares
currently trade on Nasdaq under the symbol “NIVF.” As of the date of this prospectus, our only listed class of securities
are our Class A Ordinary Shares. All of our Class A Ordinary Shares, including