Company: NIVFW
Filing Date: 2025-10-31
Form Type: 424B3
Source: 0001213900-25-104469
Chunk: 46

Company: NewGenIvf Group Ltd
Filing Date: 2025-10-31
Form: 424B3
Chunk 46
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market price of SOL and in turn adversely affect the market price of our common stock.

Moreover, the risks of engaging
in a digital asset treasury strategy are relatively novel and have created, and could continue to create, complications due to the lack
of experience that third parties have with companies engaging in such a strategy, such as increased costs of director and officer liability
insurance or the potential inability to obtain such coverage on acceptable terms in the future.

The growth of the digital
assets industry in general, and the use and acceptance of SOL in particular, may also impact the price of SOL and is subject to a high
degree of uncertainty. The pace of worldwide growth in the adoption and use of the Solana network and SOL may depend, for instance, on
public familiarity with digital assets, ease of buying, accessing or gaining exposure to SOL, institutional demand for SOL as an investment
asset, the participation of traditional financial institutions in the digital assets industry, consumer demand for SOL as a means of
payment, and the availability and popularity of alternatives to SOL. Even if growth in SOL adoption occurs in the near or medium-term,
there is no assurance that SOL and Solana network usage will continue to grow over the long term.

Because SOL have no physical
existence beyond the record of transactions on the Solana blockchain, a variety of technical factors related to the Solana blockchain
could also impact the price of SOL. For example, malicious attacks by validators, inadequate validation and staking rewards to incentivize
validating of Solana transactions, hard “forks” of the Solana blockchain into multiple blockchains, difficulties with upgrades
to the Solana network (such as the proposed Alpenglow consensus upgrade or integration of the Firedancer validator client) and advances
in digital computing, algebraic geometry, and quantum computing could undercut the integrity of the Solana blockchain and negatively
affect the price of SOL. The liquidity of SOL may also be reduced and damage to the public perception of Solana may occur, if financial
institutions were to deny or limit banking services to businesses that hold SOL, provide Solana-related services or accept SOL as payment,
which could also decrease the price of SOL. Similarly, the open-source nature of the Solana blockchain means the contributors and developers
of the Solana blockchain are generally not directly compensated for their contributions in maintaining and developing the blockchain,
and any failure to properly monitor and upgrade the Solana blockchain could adversely affect the Solana blockchain and negatively affect
the price of SOL.

The liquidity