Company: NIVFW
Filing Date: 2025-08-21
Form Type: DRS
Source: 0001213900-25-079301
Chunk: 179

Company: NewGenIvf Group Ltd
Filing Date: 2025-08-21
Form: DRS
Chunk 179
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ITIES SHOULD CONSULT WITH THEIR TAX ADVISORS REGARDING THE PARTICULAR TAX CONSEQUENCES TO THEM OF THE OWNERSHIP AND DISPOSITION OF
THE COMPANY SECURITIES, INCLUDING THE APPLICABILITY AND EFFECTS OF U.S. FEDERAL, STATE, LOCAL, AND OTHER TAX LAWS.

Distribution on the Class A Ordinary Shares

Subject to the PFIC rules
discussed below “— Passive Foreign Investment Company Status,” the gross amount of any distribution on the Class
A Ordinary Shares that is made out of the Company’s current and accumulated earnings and profits (as determined for U.S. federal
income tax purposes) will generally be taxable to a U.S. Holder as ordinary dividend income on the date such distribution is actually
or constructively received by such U.S. Holder. Any such dividends paid to corporate U.S. Holders generally will not qualify
for the dividends-received deduction that may otherwise be allowed under the Code.

<div align='center'>105</div>

Dividends received by non-corporate
U.S. Holders, including individuals, from a “qualified foreign corporation” may be eligible for reduced rates of taxation,
provided that certain holding period requirements and other conditions are satisfied. For these purposes, a non-U.S. corporation
will be treated as a qualified foreign corporation with respect to dividends paid by that corporation on shares that are readily tradable
on an established securities market in the United States. U.S. Treasury Department guidance indicates that shares listed on
Nasdaq will be considered readily tradable on an established securities market in the United States. Even if the Class A Ordinary
Shares are listed on Nasdaq, there can be no assurance that the Class A Ordinary Shares will be considered readily tradable on an established
securities market in future years. Non-corporate U.S. Holders that do not meet a minimum holding period requirement or that
elect to treat the dividend income as “investment income” pursuant to Section 163(d)(4) of the Code (dealing with the
deduction for investment interest expense) will not be eligible for the reduced rates of taxation regardless of the Company’s status
as a qualified foreign corporation. In addition, the rate reduction will not apply to dividends if the recipient of a dividend is obligated
to make related payments with respect to positions in substantially similar or related property. This disallowance applies even if the
minimum holding period has been met. Finally, the Company will not constitute a qualified foreign corporation for purposes of these