Company: NIVFW
Filing Date: 2025-09-18
Form Type: F-1
Source: 0001213900-25-088927
Chunk: 133

Company: NewGenIvf Group Ltd
Filing Date: 2025-09-18
Form: F-1
Chunk 133
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 attributable to refund of payment from clients
from the contract liabilities and the expenses spent on the legal and professional cost which was capitalized in the book of 2023.

Investing activities

Net cash used in investing
activities in 2024 was US$53,045, primarily representing purchase of plant and equipment.

Net cash used in investing
activities in 2023 was US$69,848, primarily representing purchase of plant and equipment.

Financing activities

Net cash provided by financing
activities in 2024 was US$8,675,790, primarily representing issuance of share capital utilizing equity line of credit, convertible note
issuance and proceeds from issuance of promissory notes all totaling to an amount of $8,583,597.

Net cash provided by financing
activities in 2023 was US$1,881,493, primarily representing amounts advanced to shareholder and repayment of prior loans from related
parties.

Contractual Obligations

The following table sets forth
NewGenIvf’s main contractual obligations and commitments as of December 31, 2024 and December 31, 2023.

|                                     |     | December 31, |           |     |      |         |
|                                     |     |         2024 |           |     | 2023 |         |
| Operating lease                     |     |          US$ |           |     |      |         |
| - Payable less than 1 years         |     |              |   111,321 |     |      | 209,303 |
| - Payable 1 – 2 years               |     |              |    10,300 |     |      | 111,613 |
| - Payable 2.- 5 years               |     |              |         — |     |      |  10,373 |
| Total                               |     |              |   121,621 |     |      | 331,289 |
| Finance; lease                      |     |              |           |     |      |         |
| Lease liabilities – current portion |     |              |         - |     |      |   6,446 |
| -                                   |     |              |           |     |      |         |
| Convertible bonds-                  |     |              |           |     |      |       - |
| 2025                                |     |              |   516,250 |     |      |       - |
| 2026                                |     |              |