Company: NIVFW
Filing Date: 2025-10-31
Form Type: 424B3
Source: 0001213900-25-104469
Chunk: 135

Company: NewGenIvf Group Ltd
Filing Date: 2025-10-31
Form: 424B3
Chunk 135
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 reasonably possible change
in interest rates.

If interest rates had been
1% higher or lower and all other variables were held constant, NewGenIvf’s post tax loss for the years ended December 31,
2024 and 2023 would have increased or decreased by approximately US$26,894 and US$122, respectively.

Foreign currency risk

Foreign currency risk is
the risk that the holding of foreign currency assets will affect NewGenIvf’s financial position as a result of a change in foreign
currency exchange rates.

NewGenIvf’s monetary
assets and liabilities are mainly denominated in HK$ and THB which are the same as the functional currencies of the relevant group entities.
Hence, in the opinion of the directors of NewGenIvf, the currency risk of US$ is considered insignificant. NewGenIvf currently does not
have a foreign currency hedging policy to eliminate currency exposures. However, the directors monitor the related foreign currency exposure
closely and will consider hedging significant foreign currency exposures should the need arise.

Economic and political risks

NewGenIvf’s operations
are mainly conducted in Thailand, Cambodia and Kyrgyzstan. Accordingly, NewGenIvf’s business, financial condition, and results
of operations may be influenced by changes in the political, economic, and legal environments in Thailand, Cambodia and Kyrgyzstan.

NewGenIvf’s operations
in Thailand, Cambodia and Kyrgyzstan are subject to special considerations and significant risks not typically associated with companies
in North America and Western Europe. These include risks associated with, among other things, the political, economic and legal environment
and foreign currency exchange. NewGenIvf’s results may be adversely affected by changes in the political and social conditions
in Thailand, Cambodia and Kyrgyzstan, and by changes in governmental policies with respect to laws and regulations, anti-inflationary
measures, currency conversion, remittances abroad, and rates and methods of taxation, among other things.

Travel restriction risk

International clients contribute
a large portion of NewGenIvf’s revenue. International clients need to travel to Thailand, Cambodia and Kyrgyzstan for treatment
services, where NewGenIvf’s operations are mainly conducted.

International traveling to
Thailand, Cambodia and Kyrgyzstan may be affected by a number of factors, including local and global political and economic conditions.
Furthermore, an outbreak, or threatened outbreak, of any severe contagious disease may also in turn significantly reduce the demand of
traveling or