Company: NIVFW
Filing Date: 2025-10-31
Form Type: 424B3
Source: 0001213900-25-104469
Chunk: 277

Company: NewGenIvf Group Ltd
Filing Date: 2025-10-31
Form: 424B3
Chunk 277
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 Company’s management believes
that the interest rate of 6.6% and 5.5% was the most indicative rate of the Company’s borrowing cost for the calculation of the
present value of the lease payments.

As of June 30, 2025 and December 31, 2024, the
right-of-use assets totaled $1,006,397, and $98,570, respectively.

As of June 30, 2025 and December 31, 2024, lease
liabilities consist of the following:

| Operating lease                         |     | 2025 |           |     | 2024 |         |
|:----------------------------------------|:----|:-----|----------:|:----|:-----|--------:|
| Lease liabilities – current             
 portion                                 |     | $    |   413,555 |     | $    | 108,526 |
| Lease liabilities – non-current portion |     |      |   585,199 |     |      |  10,231 |
| Total                                   |     | $    | 1,068,754 |     | $    | 118,757 |

The following is a schedule of future minimum
payments under operating leases as of June 30, 2025:

| Not later than 1 year                              |     | $ |   213,750 |   |
| Between 1 to 2 years                               |     |   |   427,501 |   |
| Between 2 to 5 years                               |     |   |   446,936 |   |
| Total lease payments                               |     |   | 1,088,187 |   |
| Less: imputed interest                             |     |   |   (19,433 | ) |
| Total operating lease liabilities, net of interest |     | $ | 1,068,754 |   |

Other lease information is as follows:

| Weighted-average discount rate – operating 
 leases                                     |     | 2025 | 2.75 years 
          5 | % |     | 2024 | 0.92 years 
          5 | % |
|:-------------------------------------------|:----|:-----|-----------:|:--|:----|:-----|-----------:|:--|
| Short term lease cost                      |     | $    |    100,009 |   |     | $    |    234,767 |   |

As of June 30