Company: NIVFW
Filing Date: 2025-06-03
Form Type: 424B3
Source: 0001213900-25-050825
Chunk: 219

Company: NewGenIvf Group Ltd
Filing Date: 2025-06-03
Form: 424B3
Chunk 219
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236 |   |
| Issuance of shares through conversion of convertible notes                             |     |   |  2,650,000 |   |
| Decrease in subscription receivable due to reduction of work by professionals (Note 1) |     |   | (2,766,856 | ) |
| Business Combination (Note 3)                                                          |     |   | (6,028,690 | ) |
| Balance as at December 31, 2024                                                        |     | $ |    122,505 |   |

| * | -                                                                                              
 the number of shares below have been amended to apply the two reverse stock splits in February 
 2025 and in May 2025 retrospectively.                                                          |

Note 1: On January 10, 2023, the Company
issued 137 ordinary shares to professional party for consulting service of 10 years, increasing the additional paid-in capital by $812,300.
On December 4, 2023, the Company issued additional 345 shares to DoubleClick Services Limited for consulting service of 10 years, increasing
the additional paid-in capital by $2,054,556. During 2024, the service scope and duration were reduced and the service value was adjusted
accordingly pursuant to addendums to respective agreements

On November 21, 2024, the Company
entered into a Common Shares Purchase Agreement (the “White Lion Purchase Agreement”) with White Lion Capital, LLC (“White
Lion”) and a related Registration Rights Agreement (the “RRA”). Pursuant to the White Lion Purchase Agreement, the Company
has the right, but not the obligation, to require White Lion to purchase, within 36 months from the Agreement effective date up to One
Hundred Million Dollars ($100,000,000) in aggregate gross purchase price of newly issued Ordinary Shares, with an automatic increase to
Three Hundred Million Dollars ($300,000,000) upon any substantial M&A or Material Transaction (as defined in the White Lion Purchase
Agreement) and a further option to increase to Five Hundred Million Dollars ($500,000,000) after Two Hundred and Fifty Million Dollars
($250,000,000) has been issued and sold to White Lion under the White Lion Purchase Agreement, subject to certain limitations and conditions
set forth in the White Lion Purchase Agreement. The White Lion Purchase Agreement was included as Exhibit 10.27 of the Form F-1 registration
statement filed on December 5,