Company: NIVFW
Filing Date: 2025-05-15
Form Type: 20-F/A
Source: 0001213900-25-043940
Chunk: 3

Company: NewGenIvf Group Ltd
Filing Date: 2025-05-15
Form: 20-F/A
Chunk 3
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 on Form 20-F/A (the “Amendment”) is being filed by NewGenIvf Group Limited (the “Company”, “We”, “Our”, or “us”) to amend the Company’s Annual Report on Form 20-F for the fiscal year ended December 31, 2024, originally filed with the U.S. Securities Exchange Commission on April 22, 2025 (the “Original Filing”). The Company is filing this Amendment solely to remove JAK Opportunities VI LLC, including the affiliated holders (“JAK”) as a related party and the Company’s transactions with JAK from Item 7.B “Related Party Transaction” of the Original Filing and Note 17 (Related Party Balances and Transactions) to the consolidated financial statements for the year ended December 31, 2024 included in the Original Filing. Item 7.B of Form 20-F requires disclosure of certain information with respect to related party transactions. In the Original Filing, the Company included JAK as a related party and disclosed certain transactions with JAK as related party transactions. According to the instruction to Item 7.B. of Form 20-F, shareholders beneficially owning a 10% interest in the voting power of the Company are presumed to have significant influence. In addition, significant influence over an enterprise is the power to participate in the financial and operating policy decisions of the enterprise but is less than control over those policies. As JAK owns less than 10% of the voting power of the Company and has no influence on the board and management of the Company, it has been determined that the Company’s transactions with JAK would not be considered as related party transactions in the Item 7.B and Note 17 to the consolidated financial statements for the year ended December 31, 2024. This Amendment consists solely of the cover page, this Explanatory Note, the updated Item 7.B (Related Party Transaction) in Form 20-F and the updated Note 17 to the Audited Consolidated Financial Statements contained within the Form 20-F, including the certifications by our chief executive officer and chief financial officer. This Amendment does not affect any other parts of, or any other exhibits to, the Original Filing, nor does it reflect events occurring after the date of the Original Filing. Accordingly, this Amendment should be read in conjunction with the Original Filing. The Company’s Chief Executive Officer and Chief Financial Officer are providing current dated revised certifications in connection with this Amendment. The certifications are filed as Exhib