Company: NIVFW
Filing Date: 2025-09-18
Form Type: F-1
Source: 0001213900-25-088927
Chunk: 67

Company: NewGenIvf Group Ltd
Filing Date: 2025-09-18
Form: F-1
Chunk 67
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 dollar
or other foreign currencies in the future.

Furthermore, NewGenIvf is
also currently required to obtain approvals before converting significant sums of foreign currencies into THB. All of these factors could
materially and adversely affect its business, results of operations, financial condition and prospects, and could reduce the value of,
and dividends payable on, its shares in foreign currency terms.

Sales of a substantial number of our securities in the public market could cause the price of our Ordinary Shares to decrease significantly.

Sales of substantial amounts
of the Class A Ordinary Shares in the public market after the completion of this offering, or the perception that these sales could occur,
could adversely affect the market price of the Class A Ordinary Shares and materially impair our ability to raise capital through equity
offerings in the future. The Class A Ordinary Shares sold in this offering will be freely tradable without restriction or further registration
under the Securities Act, and shares held by our existing shareholders may also be sold in the public market in the future subject to
the restrictions in Rule 144 and Rule 701 under the Securities Act and the applicable lock-up agreements, if any. We cannot predict what
effect, if any, market sales of securities held by our significant shareholders or any other shareholder or the availability of these
securities for future sale will have on the market price of the Class A Ordinary Shares See “Plan of Distribution” and “Shares
Eligible for Future Sale” for a more detailed description of the restrictions on selling our securities after this offering.

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Our dual-class voting structure may limit your ability to influence corporate matters and could discourage others from pursuing any change of control transactions that holders of our Class A Ordinary Shares may view as beneficial.

Our authorized and issued
ordinary shares are divided into Class A Ordinary Shares and Class B Ordinary Shares. Each Class A Ordinary Share is entitled to one (1)
vote, while each Class B Ordinary Share is entitled to one hundred (100) votes with all Ordinary Shares voting together as a single class
on most matters. Each Class B Ordinary Share is convertible into one Class A Ordinary Share at any time by the holder thereof, while Class
A Ordinary Shares are not convertible into Class B Ordinary Shares under any circumstances. Only Class A Ordinary Shares are listed and
traded on NASDAQ, and we intend to maintain the dual-class voting structure. Mr. Wing Fung Alfred Siu and Ms. Hei Yue Tina Fong beneficially
own all of the issued Class B