Company: NIVFW
Filing Date: 2025-08-22
Form Type: DRS
Source: 0001213900-25-079717
Chunk: 234

Company: NewGenIvf Group Ltd
Filing Date: 2025-08-22
Form: DRS
Chunk 234
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17,818 |   |     |      | (759    | ) |
| Ending balance                      |     | $            |       — |   |     | $    | (17,818 | ) |

In addition to the transactions
and balances detailed elsewhere in these consolidated financial statements, the Company had the following transactions with related parties:

|                                                              |     | December 31, |    2024 |     |   |    2023 |   |     |   |    2022 |
|:-------------------------------------------------------------|:----|:-------------|--------:|:----|:--|--------:|:--|:----|:--|--------:|
| Directors’ remuneration to Mr. Siu Wing Fung, Alfred         |     | $            | 190,000 |     | $ | 125,000 |   |     | $ | 120,000 |
| Directors’ remuneration to Ms. Fong Hei Yue, Tina            |     |              | 190,000 |     |   | 125,000 |   |     |   | 120,000 |
| Waiver of related party balance of Mr. Siu Wing Fung, Alfred |     |              |       — |     |   | (88,151 | ) |     |   |       — |

NOTE 18 — LOAN TO A SPAC I

On June 12, 2023, NewGenIvf
Limited (the “Legacy NewGenIvf”) and A SPAC I Acquisition Corp (“A SPAC I”) entered into a First Amendment
to Merger Agreement, pursuant to which the Legacy NewGenIvf agreed to provide non-interest bearing loans in an aggregate principal
amount of up to $560,000 (the “Loan”) to A SPAC I to fund amounts required to further extend the period of time available
for A SPAC I to consummate a business combination, and for working capital and payment of professional, administrative and operational
expenses, and other purposes as mutually agreed by A SPAC I and the Legacy NewGenIvf. The Loan will only become repayable upon the
closing of the Acquisition Merger. As of December 31, 2023, $140,000 was outstanding under the loan. The Legacy NewGenIvf completed the
business combination with A SPAC I Acquisition Corp on April 3, 2024. After the combination, the balance of loan to ACSA was eliminated