Company: NIVFW
Filing Date: 2025-10-31
Form Type: 424B3
Source: 0001213900-25-104469
Chunk: 81

Company: NewGenIvf Group Ltd
Filing Date: 2025-10-31
Form: 424B3
Chunk 81
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 and services that NewGenIvf provides, it is required to maintain the           
 License to Operate Medical Facility Business (Sor.Por.7), the License to Manage Medical Facility Business (Sor.Por.19), License to           
 Certify the Standard of Service relating to Medically Assisted Reproductive Technology (KorThorPhor.9), and personnel licenses, i.e.,        
 license of medical professionals, nursing professionals, medical technology professionals, pharmaceutical professions and other applicable   
 licenses in Thailand, Approval on Opening of Medical Clinic, Approval on Opening of Pharmacy and relevant approvals to conduct IVF,          
 embryo implant and/or transfer activities issued by the Ministry of Health of Cambodia (“Cambodia MOH”) in Cambodia and                      
 licenses to carry out private medical activities (including diagnostics and treatment gynecological diseases, supervision of pregnant        
 women before childbirth, IVF in outpatient and day hospital conditions (for four (4) beds)) in Kyrgyzstan, respectively, and                 
 to ensure that such licenses and registrations are in good standing on an annual basis. NewGenIvf is licensed, has licensure applications    
 pending before appropriate regulatory bodies, is exempt from licensure or registration, or is otherwise authorized under such laws           
 in those countries in which it provides its services. These licenses require it to comply with the rules and regulations of the governmental 
 bodies that issued such licenses. NewGenIvf’s failure to comply with such rules and regulations could result in criminal and/                
 or administrative penalties, the suspension of a license, or the loss of a license, all of which could negatively impact its business.       
 First Fertility PGS had provided arrangements of accommodation without additional charges for its patients without a tourism license         
 in Thailand, all of which was subsequently ceased in early 2023. Pursuant to the Tourism Business and Guide Act 2551 (2008) of Thailand,     
 a maximum fine of THB500,000 may be imposed on First Fertility PGS as a result of the above activity without a tourism license in            
 Thailand. NewGenIvf is unable to predict, however, how its services may be viewed by regulators over time, how these laws and regulations    
 will be interpreted, or the full extent of their applicable. If a regulatory authority in any country determines that the nature             
 of its business requires that NewGenIvf be licensed under applicable laws, it may need to restructure its business or it may need            
 to comply with any related requirements, such as obtaining relevant license, paying additional regulatory