Company: NIVFW
Filing Date: 2025-05-29
Form Type: F-1/A
Source: 0001213900-25-048554
Chunk: 172

Company: NewGenIvf Group Ltd
Filing Date: 2025-05-29
Form: F-1/A
Chunk 172
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12,500 Class A Ordinary Shares post Second Reverse Stock Splits) for a purchase price of $261,822. On February 28, 2025, the Company issued 75,000 Class A Ordinary Shares (equivalent to 7,500 Class A Ordinary Shares post Second Reverse Stock Split) for a purchase price of $190,120. On March 3, 2025, the Company issued 25,000 Class A Ordinary Shares (equivalent to 2,500 Class A Ordinary Shares post Second Reverse Stock Split) for a purchase price of $34,678. On April 3, 2025, the Company issued 325,000 Class A Ordinary Shares (equivalent to 32,500 Class A Ordinary Shares post Second Reverse Stock Split) for a purchase price of $302,240. The Company received gross proceeds of $7,129,921 and issued an aggregate of 193,000 Class A Ordinary Shares (on a post-Reverse Stock Splits basis) to White Lion. MicroSort Acquisition On January 21, 2025, the Company entered into a Purchase Agreement with Genetics & IVF Institute, Inc. (“Purchase Agreement”), pursuant to which the Company purchased all of the Assets (as defined in the Purchase Agreement) and IP Licenses (as defined in the Purchase Agreement) relating to the MicroSort Business (as defined in the Purchase Agreement) from Genetics & IVF Institute, Inc. for a cash consideration of $750,000 and a share consideration of 125,000 Class A Ordinary Shares (equivalent to 12,500 Class A Ordinary Shares post Second Reverse Stock Split) (“Share Consideration”). The Purchase Agreement is filed as Exhibit 10.30 in this registration statement. MicroSort Lab Services, LLC (“MicroSort”) was incorporated by Genetics & IVF Institute, Inc. in January 2025 to hold all of the Assets (as defined in the Purchase Agreement) to be transferred to the Company at closing. The Company’s acquisition of MicroSort was completed on February 28, 2025, and the Share Consideration was issued to GIVF on the same day. ASPAC Consulting Services Agreement On February 24, 2025, the Company entered into a Consulting Services Agreement with A SPAC (Holdings) Group Corp (“ASPAC”), pursuant to which the Company engaged ASPAC for the provision of certain consulting services. It was agreed that the Company would provide consideration in the form of cash and shares. On March 3,