Company: NIVFW
Filing Date: 2025-10-31
Form Type: 424B3
Source: 0001213900-25-104469
Chunk: 45

Company: NewGenIvf Group Ltd
Filing Date: 2025-10-31
Form: 424B3
Chunk 45
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. During this unbonding    
 period, assets are illiquid and earn no rewards. Furthermore, the protocol limits how much     
 stake can unbond per epoch (approximately 25% of the active stake), which could create a       
 queue and further delay access to our capital during a market downturn, exacerbating liquidity 
 risk.                                                                                          |

SOL is a relatively novel digital asset, and is subject to significant legal, commercial, regulatory and technical uncertainty, which could materially adversely affect the Company’s financial position, operations and prospects.

SOL and other digital assets,
as well as applications on blockchain networks such as Solana, are relatively novel and are subject to significant uncertainty, which
could adversely impact their price. The application of state and federal securities laws and other laws and regulations to digital assets
and blockchain-based applications is unclear in certain respects, and it is possible that regulators in the United States or foreign
countries may interpret or apply existing laws and regulations in a manner that adversely affects the price of SOL or other digital assets,
or the ability of blockchain-based applications to operate.

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The U.S. federal government,
states, regulatory agencies, and foreign countries may also enact new laws and regulations, or pursue regulatory, legislative, enforcement
or judicial actions, that could materially impact the price of SOL or the ability of individuals or institutions to own or transfer SOL
and utilize blockchain-based applications on networks such as Solana. For example, the U.S. executive branch, the SEC, the European Union’s
Markets in Crypto Assets Regulation, among others, have been active in recent years, and in the United Kingdom, the Financial Services
and Markets Act 2023, or FSMA 2023, became law. It is not possible to predict whether, or when, any of these developments will lead to
Congress granting additional authorities to the SEC, Commodity Futures Trading Commission (“CFTC”), or other regulators,
or whether, or when, any other federal, state or foreign legislative bodies will take any similar actions. It is also not possible to
predict the nature of any such additional authorities, how additional legislation or regulatory oversight might impact the ability of
digital asset markets to function or the willingness of financial and other institutions to continue to provide services to the digital
assets industry, nor how any new regulations or changes to existing regulations might impact the value of digital assets generally and
SOL specifically. The consequences of increased regulation of digital assets and digital asset activities could adversely affect the