Company: NIVFW
Filing Date: 2025-10-31
Form Type: 424B3
Source: 0001213900-25-104469
Chunk: 230

Company: NewGenIvf Group Ltd
Filing Date: 2025-10-31
Form: 424B3
Chunk 230
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. The number of shares as above
have taken into consideration the reverse stock splits effected on February 11, 2025 at an exchange ratio of one (1) share for twenty
(20) shares and on May 5, 2025 at an exchange ratio of one (1) share for ten (10) shares. Pursuant to ASC 505 the reverse stock split
has been applied retrospectively.

<div align='center'>F-24</div>

Additional paid-in capital

| Balance as at January 1,2023                               |     | $ |  1,464,959 |   |
| Issuance of shares as                                      
 compensation for services (Note 1)                         |     |   |  2,866,856 |   |
| Balance as at December 31, 2023                            |     |   |  4,331,815 |   |
| Issuance of shares through                                 
 Equity Line of Credit (Note 2)                             |     |   |  1,936,236 |   |
| Issuance of shares through conversion of convertible notes |     |   |  2,650,000 |   |
| Decrease in subscription receivable                        
 due to reduction of work by professionals (Note 1)         |     |   | (2,766,856 | ) |
| Business                                                   
 Combination (Note 3)                                       |     |   | (6,028,690 | ) |
| Balance as at December 31, 2024                            |     | $ |    122,505 |   |

| * | - the number of shares                                                                                          
 below have been amended to apply the two reverse stock splits in February 2025 and in May 2025 retrospectively. |

Note 1: On January 10, 2023, the Company
issued 137 ordinary shares to professional party for consulting service of 10 years, increasing the additional paid-in capital by $812,300.
On December 4, 2023, the Company issued additional 345 shares to DoubleClick Services Limited for consulting service of 10 years, increasing
the additional paid-in capital by $2,054,556. During 2024, the service scope and duration were reduced and the service value was adjusted
accordingly pursuant to addendums to respective agreements

On November 21, 2024, the Company
entered into a Common Shares Purchase Agreement (the “White Lion Purchase Agreement