Company: NIVFW
Filing Date: 2025-09-18
Form Type: F-1
Source: 0001213900-25-088927
Chunk: 232

Company: NewGenIvf Group Ltd
Filing Date: 2025-09-18
Form: F-1
Chunk 232
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puted interest                             |     |              |  (2,864 | ) |
| Total operating lease liabilities, net of interest |     | $            | 118,757 |   |

Other lease information is as follows:

|                                                   |     | December 31, |            |   |     |      |            |   |
|                                                   |     |         2024 |            |   |     | 2023 |            |   |
|                                                   |     |              | 2.75 years |   |     |      | 0.92 years |   |
| Weighted-average discount rate – operating leases |     |              |          5 | % |     |      |          5 | % |
| Short term lease cost                             |     |            $ |    234,767 |   |     |    $ |    114,937 |   |

As of December 31, 2024
and 2023, there were $ and $ right of use (“ROU”) assets and $ and $ lease liabilities based on
the present value of the future minimum rental payments of leases, respectively. The Company’s management believes that using an
incremental borrowing rate of the minimum loan rate and the Hong Kong Dollar Best Lending Rate (“BLR”) minus % was
the most indicative rate of the Company’s borrowing cost for the calculation of the present value of the lease payments; the rate
used by the Company was % and % respectively.

NOTE 12 — EQUITY

Ordinary shares

As at December 31,
2023 and December 31, 2024, the Company is authorized to issue ordinary shares. Each ordinary share is entitled to vote.
The holders of ordinary shares are also entitled to receive dividends whenever funds are legally available and when declared by the Board
of Directors of the Company.

The equity of the Company
as of December 31, 2024 and 2023 represents and ordinary shares with par value of $Nil. The number of shares as above
have taken into consideration the reverse stock splits effected on February 11, 2025 at an exchange ratio of one (1) share for twenty
(20) shares and on May 5, 2025 at an exchange ratio of one (1) share for ten (10) shares. Pursuant to ASC 505 the reverse stock split
has been applied retrospectively.

<div align='center'>F-24</div>

Additional paid-in capital

| Balance as at January