Company: NIVFW
Filing Date: 2025-03-07
Form Type: F-1
Source: 0001213900-25-021404
Chunk: 215

Company: NewGenIvf Group Ltd
Filing Date: 2025-03-07
Form: F-1
Chunk 215
---
 entered into a securities purchase agreement (the “Securities Purchase Agreement”), pursuant to which the NewGenIvf Group Limited agreed to issue and sell to JAK, in a private placement, an aggregate of up to $ 3,500,000principal amount of convertible notes (the “Notes”), consisting of one or more tranches: (i) an initial tranche (the “Initial Tranche”) of an aggregate principal amount of Notes of up to $ 1,750,000and including an original issue discount of up to aggregate $ 122,500, and (ii) subsequent tranches of an aggregate principal amount of Notes of up to $ 1,750,000and including an original issue discount of up to aggregate $ 122,500. On April 3, 2024, JAK received a certain amount of ordinary shares of the NewGenIvf Group Limited (the “Commitment Shares”), which were converted from the Company ordinary shares issued to JAK in February 2024 and equaled 295,000ordinary shares of the NewGenIvf Group Limited, as well as an additional 100,000ordinary shares of the NewGenIvf Group Limited, which were converted from the Company ordinary shares transferred by another shareholder of the Company to JAK in March 2024. In addition, a subsequent tranche of the Notes in the principal amount of $ 250,000was issued and sold to JAK shortly after the closing of the Business Combination. As such, as of April 4, 2024, an aggregate principal amount of Notes of $ 2,000,000were issued and sold to JAK. Business combination On April 3, 2024, the Company completed the business combination with A SPAC I Acquisition Corp. After the combination, the combined company will be named “NewGenIvf Group Limited” (“NewGenIvf Group”) and its shares and warrants are expected to begin trading on the Nasdaq Capital Market under the tickers “NIVF”, and “NIVFW”, respectively, on April 4, 2024. F-35 NEWGENIVF GROUP LIMITED
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS AS OF SEPTEMBER 30, 2024 AND 31 DECEMBER 2023
(Stated in US Dollars)

| ASSETS                                                                                                                                                                                                                                          
 Current assets                                                                                                                                                                                                                                  |     | 2024 |            |   |     | 2023 |