Company: NIVFW
Filing Date: 2025-03-07
Form Type: F-1
Source: 0001213900-25-021404
Chunk: 238

Company: NewGenIvf Group Ltd
Filing Date: 2025-03-07
Form: F-1
Chunk 238
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 Note 2: | On January 18, 2023, the Company received $192,308 from Seazen, reducing the subscription receivable by $192,308. On January 10, 2023, the Company issued and allotted additional 27,293 ordinary shares to Tung Donald Fan and Hok Lun Alan Lau at the consideration of $812,573. On December 4, 2023, the Company issued and allotted additional 69,000 shares to DoubleClick Services Limited at $2,054,283. Among the subscription receivable during the year, $27,320 was settled by the professional consulting service rendered during the year ended December 31, 2023. |

Additional paid-in capital

|                                |     | 2024 | September 30, |   |     | 2023 | December 31, |
|:-------------------------------|:----|:-----|--------------:|:--|:----|:-----|-------------:|
| Balance at beginning of period |     | $    |     4,324,834 |   |     | $    |    1,458,941 |
| Issuance                       
 of shares (Note 1)             |     |      |             — |   |     |      |    2,865,893 |
| Business combination           |     |      |    (2,909,834 | ) |     |      |            — |
| Total                          |     | $    |     1,415,000 |   |     | $    |    4,324,834 |

| Note 1: | On August 15, 2022, the Company issued 41,830 ordinary shares to Seazen, increasing the additional paid-in capital by $961,120. On January 10, 2023, the Company issued 27,293 ordinary shares to professional party for consulting service of 10 years, increasing the additional paid-in capital by $812,300. On December 4, 2023, the Company issued additional 69,000 shares to DoubleClick Services Limited for consulting service of 10 years, increasing the additional paid-in capital by $2,053,593. |

NOTE 11 — EMPLOYEE BENEFIT PLANS HK SAR The Company has a defined contribution pension scheme for its qualifying employees. The scheme assets are held under a provident fund managed by an independent fund manager. The Company and its employees are each required to make contributions to the