Company: NIVFW
Filing Date: 2025-09-18
Form Type: F-1
Source: 0001213900-25-088927
Chunk: 114

Company: NewGenIvf Group Ltd
Filing Date: 2025-09-18
Form: F-1
Chunk 114
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. Wing Fung Alfred Siu and Ms. Hei Yue Tina Fong, resulting in amount due
from them. For the year ended December 31, 2023, the largest aggregate amount due from Mr. Siu, Wing Fung Alfred and Ms. Fong, Hei Yue
Tina was US$2,240,872. Mr. Siu and Ms. Fong had repaid the outstanding amounts due pursuant to the terms and conditions of the repayment
agreement dated August 14, 2023. As of December 31, 2024, the aggregate balance of amount due to Mr. Siu and Ms. Fong was US$92,651.

In addition, NewGenIvf also
recorded remuneration to its directors, Mr. Siu and Ms. Fong. The remuneration to Mr. Siu, Wing Fung Alfred was US$125,000 and US$190,000
during the year ended December 31, 2023 and 2024, respectively. The remuneration during the years ended December 31, 2023 and 2024 was
all in the nature of the fair value of the services provided by Mr. Siu and Ms. Fong. Mr. Siu Wing Fung also entered into agreement to
waive the balance of due from the Company US$88,151 in 2023.

<div align='center'>64

LISTING DETAILS</div>

Our Class A Ordinary Shares
currently trade on Nasdaq under the symbol “NIVF.” As of the date of this prospectus, our only listed class of securities
are our Class A Ordinary Shares. All of our Class A Ordinary Shares, including those to be offered in the Best Efforts Offering pursuant
to this prospectus, have the same rights and privileges. For more information, see “Description of Share Capital—Ordinary Shares.”

<div align='center'>USE OF PROCEEDS</div>

We estimate that we will receive
net proceeds from this offering of approximately $13.7 million, after deducting placement agent fees and estimated offering expenses
payable by us. These estimates are based upon an assumed offering price of $2.01 per Class A Ordinary Share. However, because this is
a best-efforts offering and there is no minimum offering amount required as a condition to the closing of this offering, the actual offering
amount, placement agent fees, and net proceeds to us are not presently determin