Company: NIVFW
Filing Date: 2025-09-18
Form Type: F-1
Source: 0001213900-25-088927
Chunk: 62

Company: NewGenIvf Group Ltd
Filing Date: 2025-09-18
Form: F-1
Chunk 62
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 brand promotion activities may not generate client awareness or yield increased revenue, and even if they
do, any increased revenue may not offset the expenses NewGenIvf incurs in building its brand. If NewGenIvf fails to successfully promote
and maintain its brand, its business, financial condition and results of operations may suffer.

If NewGenIvf fails to retain and motivate members of its management team or other key employees, or fails to attract additional qualified personnel to support its operations, its business and future growth prospects could be harmed.

NewGenIvf’s success
and future growth depend largely upon the continued services of its management team and its other key employees. From time to time, there
may be changes in its executive management team or other key employees resulting from the hiring or departure of these personnel. Its
executive officers and other key employees are employed on an at-will basis, which means that these personnel could terminate their employment
with it at any time. The loss of one or more of its executive officers, or the failure by its executive team to effectively work with
its employees and lead its company, could harm its business.

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In addition, to execute its
growth plan, NewGenIvf must attract and retain highly qualified personnel. Competition for these personnel is intense, especially for
experienced medical officers and scientific staffs and sales and client account management personnel. There is no guarantee NewGenIvf
will be able to attract such personnel or that competition among potential employers will not result in increased salaries or other benefits.
From time to time, NewGenIvf has experienced, and NewGenIvf expects to continue to experience, difficulty in hiring and retaining employees
with appropriate qualifications. Many of the companies with which NewGenIvf competes for experienced personnel have greater resources
than NewGenIvf has. If NewGenIvf hires employees from competitors or other companies, their former employers may attempt to assert that
these employees or NewGenIvf has breached their legal obligations, resulting in a diversion of its time and resources. In addition, prospective
and existing employees often consider the value of the equity awards they receive in connection with their contribution to the company.
If the perceived value of its equity awards declines, experiences significant volatility, or increases such that prospective employees
believe there is limited upside to the value of its equity awards, it may adversely affect its ability to recruit and retain key employees.
If NewGenIvf fails to attract new personnel or