Company: NIVFW
Filing Date: 2025-09-15
Form Type: F-1
Source: 0001213900-25-087717
Chunk: 42

Company: NewGenIvf Group Ltd
Filing Date: 2025-09-15
Form: F-1
Chunk 42
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 assets and staking activities, particularly in the U.S., is evolving rapidly. New laws, regulations, or regulatory       
 interpretations could deem our activities non-compliant, subject us to penalties, or force us to liquidate our position at a loss, potentially 
 on short notice.                                                                                                                               |

| ● | Lack of Experience: Our management                                                                                                      
 team has limited experience in the digital asset and blockchain sector. Our inability to successfully navigate the complexities of this 
 new and rapidly evolving industry could lead to operational errors, poor strategic decisions, and financial losses.                     |

Our Solana digital asset staking strategy is subject to unique and substantial risks related to the Solana network’s technology, governance, and ecosystem, which could result in a complete or partial loss of our investment. Our strategy is fundamentally dependent on the continuous and secure operation of the Solana blockchain. Solana is a high-throughput Layer 1 blockchain that utilizes a novel hybrid Proof-of-Stake and Proof-of-History consensus mechanism. While designed for performance, this architecture introduces specific risks, including:

| ● | Network Performance and Outages: The Solana network has a history                                                                            
 of performance degradation and full outages due to high transaction volumes, spam attacks, and validator coordination failures. For example, 
 the network experienced significant liveness disruptions in 2021 and 2022. Although upgrades have been implemented to address congestion,    
 there can be no assurance that future issues will not occur. Any disruption, outage, or period of significant congestion could prevent       
 us from staking, unstaking, or transacting our SOL, directly impairing our ability to execute our strategy and potentially eroding the       
 value of our holdings.                                                                                                                       |

| ● | Concentration and Reliance on Third-Party Software: The Solana                                                                              
 validator set is relatively concentrated compared to other networks. Furthermore, a high percentage of validators rely on software provided 
 by Jito Labs, a third party unaffiliated with Solana Labs. If Jito Labs were to discontinue support or if its software contained critical   
 bugs, it could compromise network security and stability, increase the impact of spam transactions, and adversely affect the value of       
 SOL.                                                                                                                                        |

| ● | Technological Obsolescence and Competition: The digital asset                                                                                    
 ecosystem is characterized by rapid innovation and intense competition. New protocols (e.g., Aptos, Sui, Ethereum Layer 2s like Base)            
 or advancements, including the integration of artificial intelligence, may offer superior technology or attract developer activity