Company: NIVFW
Filing Date: 2025-08-22
Form Type: DRS
Source: 0001213900-25-079717
Chunk: 71

Company: NewGenIvf Group Ltd
Filing Date: 2025-08-22
Form: DRS
Chunk 71
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 retirement
or loss of certain specialists, scientific staff or other key personnel, the activities of competitors, the introduction of a competing
service that is perceived to be superior to the services provided by NewGenIvf, or other events which impact NewGenIvf’s reputation
could adversely affect NewGenIvf’s relationships with fertility specialists. For example, one specialist who was previously engaged
by NewGenIvf brought a lawsuit against NewGenIvf regarding disputed remuneration, which resulted in a settlement for NewGenIvf to compensate
the specialist with a sum of approximately US$98,000. Also, fertility specialists’ relationship with NewGenIvf could affect their
behaviors in recommending NewGenIvf’s services or referring patients to NewGenIvf, which could in turn adversely impact the number
of patients treated by NewGenIvf and adversely impact on its financial performance, market position and prospects.

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In addition, the perceived
value of NewGenIvf’s solutions and its reputation may be negatively impacted if the services provided by fertility specialists or
other healthcare providers are not satisfactory to NewGenIvf’s clients, including as a result of error that could result in litigation.
For example, if fertility specialist or other healthcare provider releases sensitive information of its clients, it could incur additional
expenses and give rise to litigation against NewGenIvf. Any such issue with one of its providers may expose it to public scrutiny, adversely
affect its brand and reputation, expose it to litigation or regulatory action, and otherwise make its operations vulnerable. Further,
if its services result in less than favorable outcomes, this could cause it to fail to meet its contractually guaranteed specified service
metrics, and NewGenIvf could be obligated to provide the client with a fee reduction or a second chance for free, depending on their contract
terms. The failure to maintain its selective network of high-quality fertility specialists or the failure of those specialists to meet
and exceed its clients’ expectation, may result in a loss of or inability to grow or maintain its client base, which could adversely
affect its business, financial condition and results of operations.

The medical facilities and professionals in NewGenIvf’s network could become the subject of litigation, allegations and other claims, and NewGenIvf is not insured against these liabilities.

NewGenIvf relies on the physicians
and other medical professionals of the assisted reproductive medical facilities in its network to make proper clinical decisions regarding
the diagnosis and