Company: NIVFW
Filing Date: 2025-10-10
Form Type: F-1/A
Source: 0001213900-25-098135
Chunk: 41

Company: NewGenIvf Group Ltd
Filing Date: 2025-10-10
Form: F-1/A
Chunk 41
---
2-3 days (each period known as an “epoch”). This strategy is intended to generate returns through (i) these staking rewards, currently yielding approximately 6.78% APY, and (ii) potential appreciation in the value of the SOL tokens we hold. Our primary costs include validator commissions (typically 0-10% of rewards), network transaction fees, custodial service fees, and, if credit facilities are used for funding, interest expense on such credit facilities. We have structured our Solana strategy in phases:

| ● | Phase 1 (completed June-July 2025): We acquired                                                           
 an initial position of 6,703.99 SOL (approximately $1.24 million at acquisition) as an operational pilot. |

| ● | Phase                                                                                        
 2 (Q3 2025 – Q4 2026): We plan to systematically deploy the remaining capital (approximately 
 $28.76 million) to acquire SOL using a dollar-cost averaging methodology to mitigate market  
 timing risk. In addition, during this phase, we will be evaluating various validators and    
 establishing validator relationships to begin staking SOL. We intend to stake a majority     
 of our SOL holdings.                                                                         |

| ● | Phase 3 (ongoing): we will actively manage our   
 validator relationships and reward optimization. |

As of October 8, 2025, we hold 13,000.23 SOL tokens, with a total value of approximately $2.94 million and an unrealized gain of approximately $0.94 million. As we have not begun staking, we have not earned any staking rewards yet. However, our past performance is not indicative of future results, and we face numerous material risks that could prevent us from realizing our strategy or result in a complete or partial loss of our investment, including:

| ● | Price Volatility                                                                               
 of SOL: SOL is a highly volatile cryptocurrency asset that has traded below US$105 and         
 above $270 per SOL in the 12 months preceding the date of this registration statement. The     
 trading price of SOL has been highly volatile during prior periods, experiencing multiple      
 previous significant decreases, and such declines may occur again in the future. A decline     
 in the price of SOL could rapidly erase any staking rewards earned and result in a substantial 
 loss of our principal capital.                                                                 |

| ● | Staking and Liquidity Risks: The Solana                                                                                                    
 network imposes an “unbonding” period of several days when we wish to stop st