Company: NIVFW
Filing Date: 2025-05-01
Form Type: F-1/A
Source: 0001213900-25-038045
Chunk: 77

Company: NewGenIvf Group Ltd
Filing Date: 2025-05-01
Form: F-1/A
Chunk 77
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 to prevent future occurrences. In addition, any potential security breach could result in increased costs associated with liability for stolen assets or information, repairing system damage that may have been caused by such breaches, incentives offered to clients or other business partners in an effort to maintain the business relationships after a breach and implementing measures to prevent future occurrences, including organizational changes, deploying additional personnel and protection technologies, training employees and engaging third-party experts and consultants. Negative publicity may also result from real, threatened or perceived security breaches affecting it or its industry or clients, which could cause it to lose clients or partners and adversely affect its operations and future prospects. NewGenIvf may not carry insurance or maintain coverage sufficient to compensate for all liability and such insurance may not be available for renewal on acceptable terms or at all, and in any event, insurance coverage would not address the reputational damage that could result from a security incident. 46

| ● | Fraud and Abuse Laws. NewGenIvf may be impacted directly                                                                                     
 and indirectly by certain fraud and abuse laws, including the Act Supplementing the Constitution Relating to the Prevention and Suppression  
 of Corruption B.E. 2561 (2018) of Thailand, the Penal Code of Thailand, the Criminal Code of Cambodia, the Offences Code of                  
 October 28, 2021 No. 128 of Kyrgyzstan, the Criminal Code of October 28, 2021, No. 17 of Kyrgyzstan and the Law on prevention                
 of corruption of August 8, 2021 No. 153 of Kyrgyzstan. Because the solutions and services NewGenIvf provides are not reimbursed              
 by government healthcare payors, such fraud and abuse laws generally do not directly apply to its business, however, some laws may           
 be applicable. The laws, regulations and other requirements in this area are both broad and vague and judicial interpretation can            
 also be inconsistent. NewGenIvf reviews its practices with regulatory experts in an effort to comply with all applicable laws, regulatory    
 and other requirements. However, NewGenIvf is unable to predict how these laws, regulations and other requirements will be interpreted       
 or the full extent of their application, particularly to services that are not directly reimbursed by healthcare programs. Any determination 
 by a regulatory authority that any of NewGenIvf’s activities or those of its clients or vendors violate any of these laws or                 
 regulations could subject NewGenIvf to civil or criminal penalties, require it to enter into corporate integrity agreements or similar       
 agreements