Company: NIVFW
Filing Date: 2025-06-03
Form Type: 424B3
Source: 0001213900-25-050825
Chunk: 51

Company: NewGenIvf Group Ltd
Filing Date: 2025-06-03
Form: 424B3
Chunk 51
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 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 fails to retain and motivate its current personnel,
its business and future growth prospects could be harmed.

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Furthermore, in order to attract and retain key personnel and employees, the compensation amounts for NewGenIvf’s executive officers may change significantly after consummation of the Business Combination, although there are currently no agreements in place relating to any such post Business Combination compensation arrangements. As a result, NewGenIvf’s expenses associated with the compensation may increase, which may also have an adverse effect on its results of operations.

NewGenIvf’s Share
Incentive Plan allows NewGenIvf to enhance its ability to attract and retain exceptionally qualified individuals and agents and to encourage
them to acquire a proprietary interest in the company’s growth and performance. Competition for highly skilled personnel and agents
is often intense and NewGenIvf may incur significant costs or may not be successful in attracting, integrating, or retaining qualified
personnel and agents to fulfill NewGenIvf’s current or future needs. NewGenIvf believes that the granting of share-based awards
is of significant importance to NewGenIvf’s ability to attract and retain agents, key personnel and employees, and NewGenIvf will
continue to grant share-based awards in the future. In addition, NewGenIvf may, with the approval of its Compensation Committee and the
Board, revise the terms of, and increase the size of, its share incentive plan, to ensure that it is able to attract and retain agents,
key personnel and employees. On March 31, 2025, NewGenIvf’s Board approved certain amendments to its Share Incentive Plan, including
the increase