Acquisition of MicroSort Technology - NewGenIvf Group Limited has entered into a definitive agreement to acquire MicroSort, a proprietary sperm-sorting technology, for US$5 million [1] - The acquisition strengthens NewGen's position in the global fertility services market and enhances its capabilities in providing assisted reproductive services [1] - MicroSort enables the separation of X and Y chromosome-bearing sperm cells prior to IVF procedures, using fluorescent DNA staining and advanced flow cytometry [2] - The technology is applicable for family balancing and prevention of X-linked or X-limited genetic disorders [2] - MicroSort has established commercial applications and an existing license base in several countries, including Thailand, Japan, Cambodia, and Mexico [2] Transaction Details - The US$5 million purchase price will be satisfied through a combination of US$750,000 in cash and the issuance of 2,500,000 ordinary shares at a deemed value of US$1.70 per share [3] - The transaction is expected to boost the Company's shareholders' equity by US$4.25 million at the time of Completion [3] - NewGen will assume the existing licensing agreements associated with MicroSort, creating an immediate additional revenue stream through license fees from current users [3] Strategic Impact - The acquisition represents a significant milestone in NewGen's growth strategy, enhancing its ability to provide advanced fertility solutions [4] - The transaction is structured to strengthen the Company's balance sheet through the issuance of equity at a premium to market price [4] - Integration of MicroSort into NewGen's existing service platform will strengthen its market position in the rapidly growing Asian fertility services market [4] - The technology provides options for families looking to prevent certain genetic disorders, allowing expansion into countries like China and other burgeoning markets in Asia [4] Company Overview - NewGen is a comprehensive fertility services provider in Asia, offering access to fertility treatments for couples and individuals [5] - The Company's mission is to aid in building families regardless of fertility challenges, providing comprehensive infertility treatment and assisted reproductive technology services [5] - NewGen's clinics are located in Thailand, Cambodia, and Kyrgyzstan, offering a full suite of services including egg and sperm donation, and surrogacy in appropriate jurisdictions [5]

BANGKOK, Jan. 13, 2025 (GLOBE NEWSWIRE) -- NewGenIvf Group Limited (NASDAQ: NIVF) (“NewGen” or the “Company”), a comprehensive fertility services provider in Asia helping couples and individuals obtain access to fertility treatments, today announced the launch of its innovative lifetime egg freezing service in Asia. The innovative “one charge, no worries” fertility preservation solution is designed to serve the growing needs of women across Asia, and will allow customers to make a one-time payment to arrang ...

BANGKOK, Dec. 23, 2024 (GLOBE NEWSWIRE) -- NewGenIvf Group Limited (NASDAQ:NIVF) ("NewGen" or the "Company") today announced that both parties involved in the previously announced reverse merger with European Wellness Investment Holdings Limited ("EWIHL") have appointed legal counsel to prepare the Share Purchase Agreement (the "SPA"). Additionally, by mutual consent, the signing date for the SPA has been extended from January 27, 2025, to February 28, 2025. This extension will allow both parties sufficient ...

NewGen has deployed US$1 million to execute the purchase of its carefully planned digital asset portfolio The company aims to take advantage of positive trends in the crypto landscape by executing a well-crafted strategic investment plan BANGKOK, Dec. 19, 2024 (GLOBE NEWSWIRE) -- NewGenIvf Group Limited (NASDAQ:NIVF) ("NewGen" or the "Company") today announced that it has engaged OSL Digital Securities ("OSL"), a leading regulated digital asset platform in Hong Kong, as part of NewGen's intent to begin inv ...

BANGKOK, Nov. 22, 2024 (GLOBE NEWSWIRE) -- NewGenIvf Group Limited (NASDAQ: NIVF) (“NewGen” or the “Company”) today announced that on November 21 2024, it received written notice (the “Delisting Notice”) from The Nasdaq Stock Market LLC (“Nasdaq”) that its securities are subject to delisting due to non-compliance with two Nasdaq Listing Rules. The Company has filed to appeal the delisting determination and plans to leverage several strategic actions to regain compliance with Nasdaq’s listing requirements. N ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F Title of each class Trading Symbol Name of each exchange on which registered Class A ordinary shares, no par value per share NIVF The Nasdaq Stock Market LLC (The Nasdaq Global Market) Warrants to purchase Class A ordinary shares NIVFW The Nasdaq Stock Market LLC Securities registered or to be registered pursuant to Section 12(g) of the Act. (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITI ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Title of each class Trading Symbol Name of each exchange on which registered Class A ordinary shares, no par value per share NIVF The Nasdaq Stock Market LLC (The Nasdaq Global Market) Warrants to purchase Class A ordinary shares NIVFW The Nasdaq Stock Market LLC FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF TH ...