Company: NIVFW
Filing Date: 2025-10-31
Form Type: 424B3
Source: 0001213900-25-104469
Chunk: 229

Company: NewGenIvf Group Ltd
Filing Date: 2025-10-31
Form: 424B3
Chunk 229
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 $            | 111,321 |   |
| Between 1 to 2 years                               |     |              |  10,300 |   |
|                                                    |     |              |       - |   |
| Total lease payments                               |     |              | 121,621 |   |
| Less: imputed 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 $98,570 and $283,847 right of use (“ROU”) assets and $118,757 and $326,107 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 0.125% 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 6.6% and 5.5% respectively.

NOTE 12 — EQUITY

Ordinary shares

As at December 31,
2023 and December 31, 2024, the Company is authorized to issue 10,000,000 ordinary shares. Each ordinary share is entitled to one 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 113,852 and 50,747 ordinary shares with par value of $Nil