Company: NIVFW
Filing Date: 2025-09-18
Form Type: F-1
Source: 0001213900-25-088927
Chunk: 233

Company: NewGenIvf Group Ltd
Filing Date: 2025-09-18
Form: F-1
Chunk 233
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 1,2023                               |     | $ |  1,464,959 |   |
| Issuance of shares as                                      
 compensation for services (Note 1)                         |     |   |  2,866,856 |   |
| Balance as at December 31, 2023                            |     |   |  4,331,815 |   |
| Issuance of shares through                                 
 Equity Line of Credit (Note 2)                             |     |   |  1,936,236 |   |
| Issuance of shares through conversion of convertible notes |     |   |  2,650,000 |   |
| Decrease in subscription receivable                        
 due to reduction of work by professionals (Note 1)         |     |   | (2,766,856 | ) |
| Business Combination (Note                                 
 3)                                                         |     |   | (6,028,690 | ) |
| Balance as at December 31, 2024                            |     | $ |    122,505 |   |

| * | - the number of shares below have been amended to apply the two reverse stock splits in February 2025 and in May 2025 retrospectively. |

Note 1:

Note 2: On November 21, 2024, the Company
entered into a Common Shares Purchase Agreement (the “White Lion Purchase Agreement”) with White Lion Capital, LLC (“White
Lion”) and a related Registration Rights Agreement (the “RRA”). Pursuant to the White Lion Purchase Agreement, the
Company has the right, but not the obligation, to require White Lion to purchase, within 36 months from the Agreement effective date
up to One Hundred Million Dollars ($) in aggregate gross purchase price of newly issued Ordinary Shares, with an automatic
increase to Three Hundred Million Dollars ($) upon any substantial M&A or Material Transaction (as defined in the White
Lion Purchase Agreement) and a further option to increase to Five Hundred Million Dollars ($) after Two Hundred and Fifty
Million Dollars ($) has been issued and sold to White Lion under the White Lion Purchase Agreement, subject to certain limitations
and conditions set forth in the White Lion Purchase Agreement. The White Lion Purchase Agreement was included as Exhibit 10.27 of the
Form F-1 registration statement filed on December 5, 2024.

On December 10, 2024, Class A Ordinary
Shares were issued to White Lion amounting