Company: NIVFW
Filing Date: 2025-10-31
Form Type: 424B3
Source: 0001213900-25-104469
Chunk: 223

Company: NewGenIvf Group Ltd
Filing Date: 2025-10-31
Form: 424B3
Chunk 223
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   195,446 |   |     | $    |   512,581 |   |
| Deposit with a digital asset trading platform |     | $            | 1,000,000 |   |     | $    |         - |   |
| Receivable from agents                        |     | $            | 1,191,795 |   |     | $    |         - |   |
| Prepayments                                   |     | $            |   197,706 |   |     | $    | 1,262,228 |   |
| Non-current                                   |     |              |           |   |     |      |           |   |
| Prepayment                                    |     | $            |    33,333 |   |     | $    | 1,582,156 |   |
|                                               |     | $            |    33,333 |   |     | $    | 1,582,156 |   |

Included in prepayment is
an amount of $22,000 and $2,839,536 as of December 31, 2024 and 2023 respectively, being share-based compensation cost paid to consultants
for services ranging from three to ten years and with termination clauses of one to three years respectively without any penalties. During
the year, the scope of service was amended and accordingly the excess compensation was reversed against Additional Paid in Capital and
the remaining value of service is recognized over the period of service in the Statement of Income.

<div align='center'>F-20</div>

The movement of allowances for expected credit
loss is as follow:

|                                   |     | December 31, | 2024 |   |     |   | 2023 |   |
|:----------------------------------|:----|:-------------|-----:|:--|:----|:--|-----:|:--|
| Balance at beginning of the year  |     | $            |  (14 | ) |     | $ | (141 | ) |
| Reversal of provision (Provision) |     |              |   10 |   |     |   |  127 |   |
| Ending balance                    |     | $            |   (4 | ) |     | $ |  (14 | ) |

NOTE 7 — PROPERTY AND EQUIPMENT, NET

Plant and equipment, net consist of the following:

| At cost:                       |     | December 31, 
 2024