Company: NIVFW
Filing Date: 2025-04-22
Form Type: 20-F
Source: 0001213900-25-033966
Chunk: 32

Company: NewGenIvf Group Ltd
Filing Date: 2025-04-22
Form: 20-F
Item: Item 3
Chunk 32
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 favorable to NewGenIvf than similar arrangements negotiated with unaffiliated third parties. Conflicts of interest may
also arise in connection with the exercise of contractual remedies, such as the treatment of events of default. As a result, those related
party transactions, individually or in the aggregate, may have an adverse effect on NewGenIvf’s business and results of operations.

NewGenIvf may be subject to claims and allegations
relating to intellectual property and other causes.

NewGenIvf may from time to
time receive claims that NewGenIvf infringes on the intellectual property rights of others. Moreover, NewGenIvf may be subject to claims
by third parties who maintain that NewGenIvf’s service providers’ technology infringes third-party’s intellectual property
rights. If NewGenIvf fails to successfully defend against such claim or does not prevail in such litigation, it could be required to modify,
redesign or cease operating, pay monetary amounts as damages or enter into royalty or licensing arrangements with the valid intellectual
property holders. Any royalty or licensing arrangements that NewGenIvf may seek in such circumstances may not be available to it on commercially
reasonable terms or at all. Also, if NewGenIvf acquires technology licenses from third parties, NewGenIvf’s exposure to infringement
actions may increase because NewGenIvf must rely upon these third parties to verify the origin and ownership of such technology. This
exposure to liability could result in disruptions in NewGenIvf’s business that could materially and adversely affect NewGenIvf’s
results of operations.

Some of NewGenIvf’s
employees may have been previously employed at other companies, including NewGenIvf’s competitors. NewGenIvf may hire additional
personnel to expand its development team and technical support team as its business grows. To the extent these employees were involved
in the development of content or technology similar to NewGenIvf’s at their former employers, NewGenIvf may become subject to claims
that these employees or NewGenIvf has appropriated these employees’ former employers’ proprietary information or intellectual
properties. If NewGenIvf fails to successfully defend such claims against itself, NewGenIvf may be exposed to liabilities which could
have a material adverse effect on its business.

NewGenIvf is currently not
a party to any material legal or administrative proceedings but may subject to legal or administrative actions for defamation, negligence,
copyright and trademark infringement, unfair competition, breach of service terms