Company: NIVFW
Filing Date: 2025-10-31
Form Type: 424B3
Source: 0001213900-25-104469
Chunk: 93

Company: NewGenIvf Group Ltd
Filing Date: 2025-10-31
Form: 424B3
Chunk 93
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 court hearing is convened, the Company may receive adverse publicity, which may adversely
affect the Company’s business performance in the region. If convicted with an offence, each person could face a fine of up to HKD
25,000 (approximately $3,200), and imprisonment for up to 6 months. Although we do not expect custodial sentences for any of the individuals,
any custodial sentence given to our Chief Executive Officer, Wing Fung Alfred Siu, could materially impact our business, financial condition,
or results of operations. In addition, although under BVI law, such minor first-time offenses would not automatically disqualify any
directors or executives from continuing to act in such positions, any director or executive officer found guilty of such offenses could
cause reputational harm to the Company. As we do not advertise or promote gender selection services in Hong Kong, and all such marketing
activities are carried out outside of Hong Kong or by agents outside of Hong Kong, we have not been, nor do we expect to be, materially
impacted by any such increased enforcement of the HRTO. Moreover, we do not expect any material impact on our ability to generate revenue
from Chinese clients, as our PRC-sourced revenues derived from clients in mainland China and Hong Kong are generated through referrals
from PRC agents, with payments being made by the clients directly to the local clinics. However, if the regulatory authorities in Hong
Kong deems our determination inconsistent from the HRTO, we may face increased scrutiny or enforcement actions by the Hong Kong authorities,
which could result in adverse publicity, increase compliance cost, and significant disruption of our business operations in the region.

Additionally, increased scrutiny
or enforcement actions by regulatory authorities in the jurisdictions in which we operate could result in adverse publicity, increased
compliance costs, and significant disruption of our business operations. As a result, any failure to comply with applicable laws and
regulations related to gender selection services could have a material adverse effect on our business, financial condition, and results
of operations.

Significant tariffs or other restrictions imposed on imports by the U.S. and related countermeasures taken by impacted countries could have a material adverse effect on our operations and financial results.

If significant tariffs or
other restrictions are imposed on imports by the U.S. and related countermeasures are taken by foreign countries, our business, including
results of operations, cash flows and financial condition, may be adversely affected. In January 2025, during the initial days of