Core Insights - NewGen plans to invest US$45 million in the UAE real estate market, focusing on properties near the Wynn Al Marjan Island integrated resort, marking a diversification from its traditional IVF business operations [1][2] - The investment is driven by Ras Al Khaimah's strong economic growth, political stability, and significant infrastructure developments, which are expected to enhance property values [2][5] - NewGen is also considering additional investments in Abu Dhabi's real estate market, which offers stability and long-term growth potential [2][3] Investment Strategy - The company has engaged UAE-based business development manager Samira Aissani to lead property acquisition initiatives, leveraging her extensive experience in UAE real estate [3] - NewGen is in advanced discussions for strategic plot acquisitions in Ras Al Khaimah and has established partnerships with prominent UAE developers [3][4] - A term sheet has been executed with Enclave Capital LLC to raise an additional US$45 million to support the UAE real estate expansion [4] Market Potential - The Wynn Al Marjan Island integrated resort, a multi-billion dollar development set to open in early 2027, is expected to drive demand for real estate in Ras Al Khaimah [2] - The region's strategic location, with 31% of the world's population within four hours' flying time, along with favorable investment policies, creates an ideal environment for real estate appreciation [2] - NewGen's CEO expressed confidence that the investment will deliver substantial returns and establish a strong foundation for future growth [5]

Core Insights - NewGen is expanding its digital asset portfolio by investing US$30 million in staking Solana, demonstrating a commitment to blockchain technology [1][2][3] - The investment will be financed through existing credit facilities totaling US$126 million [1] - This move follows an initial US$1 million investment in Bitcoin made in December 2024, indicating management's confidence in blockchain assets [3][4] Company Strategy - NewGen plans to establish a dedicated subsidiary focused on digital asset operations and investments, enhancing operational focus and strategic flexibility [3] - The investment in Solana is seen as a natural evolution of the company's digital asset strategy, reflecting a growing conviction in digital assets as a legitimate asset class [4] - The company aims to leverage Solana's high-speed transaction capabilities and staking rewards to create value for shareholders [2][4] Industry Context - Solana is recognized as a leading blockchain platform with a growing ecosystem of decentralized applications, which aligns with NewGen's strategic positioning [2] - The staking mechanism of Solana allows token holders to earn rewards while supporting network security and decentralization, presenting significant growth potential [2]

Core Insights - NewGenIvf Group Limited has launched First Fertility PGS Center Limited to target the Indian medical tourism market for fertility treatments [1][2] - The global fertility tourism market is projected to grow from US$709 million in 2023 to approximately US$13.08 billion by 2034, with a compound annual growth rate of 30.34% [2] - Thailand is becoming a preferred destination for fertility tourism due to its advanced medical infrastructure, cost-effective treatments, and supportive regulatory environment [2][4] Company Initiatives - First Fertility has developed culturally tailored services for Indian patients, including a dedicated hospitality lounge and Hindi-speaking staff [3] - The center offers comprehensive fertility treatments, including family balance through IVF, which is restricted in India but legally available in Thailand [3] - The initiative aims to create a culturally sensitive environment while providing access to advanced reproductive technologies [3] Market Positioning - Thailand's strategic advantages, such as visa-free entry for Indian nationals and a progressive regulatory environment, support the growth of the medical tourism sector [4] - First Fertility addresses the gap in culturally tailored fertility care for Indian patients, who represent a significant segment of the medical tourism market [4] - The CEO of NewGen emphasized the company's commitment to providing world-class fertility care while capitalizing on market opportunities in Southeast Asia [5]

Core Insights - NewGen has rebranded its MicroSort technology to NewGenSort, integrating it into its product offerings to enhance reproductive solutions in Asia [1][4] - NewGenSort technology allows for the separation of X and Y chromosome-bearing sperm cells, facilitating family planning and prevention of genetic diseases [2][3] Company Overview - NewGenIvf Group Limited is a comprehensive fertility services provider in Asia, offering a range of fertility treatments to couples and individuals [5] - The company operates clinics in Thailand, Cambodia, and Kyrgyzstan, providing services such as infertility treatments, egg and sperm donation, and surrogacy [5] Technology Applications - NewGen plans to utilize its sperm-sorting technology through two applications: MicroSort for gender selection and MacroSort for addressing male reproductive challenges [3] - MicroSort enables couples to balance family composition, while MacroSort focuses on avoiding sex-linked genetic disorders [3] Strategic Vision - The integration of NewGenSort is seen as a pivotal advancement for the company, expected to accelerate growth and expand market share across Asia [4] - The technology aims to provide personalized reproductive solutions, enhancing the overall family health and prosperity for clients [4]

Company Overview - NewGenIvf Group Limited is a comprehensive fertility services provider in Asia, assisting couples and individuals in accessing fertility treatments [5] - The company operates clinics in Thailand, Cambodia, and Kyrgyzstan, offering a full suite of services including infertility treatments, egg and sperm donation, and surrogacy [5] Reverse Stock Split Announcement - The company announced a reverse stock split at an exchange ratio of one (1) share for ten (10) shares, effective May 5, 2025 [1][2] - The number of outstanding Class A Ordinary Shares will decrease from 7,302,819 to approximately 730,282 shares as a result of the reverse stock split [3] - No fractional shares will be issued; shareholders entitled to a fractional share will receive one full post-split share [3] Impact on Securities - Following the reverse stock split, all options, warrants, and other convertible securities will be adjusted by dividing the number of shares by ten [4]

Core Viewpoint - NewGenIvf Group Limited has filed its annual report for the fiscal year ended December 31, 2024, indicating a strong liquidity position and strategic opportunities in the fertility services market in Asia [1][2]. Company Overview - NewGen is a comprehensive fertility services provider in Asia, dedicated to helping couples and individuals access fertility treatments [3]. - The company operates clinics in Thailand, Cambodia, and Kyrgyzstan, offering a full suite of services including infertility treatments, egg and sperm donation, and surrogacy [3]. - The management team has over a decade of experience in the fertility industry [3]. Financial Position - The company reported having $2.48 million in cash and a cash deposit of $1 million, significantly exceeding its current market capitalization of $1.48 million [2]. - NewGen has strengthened its balance sheet by settling all outstanding promissory notes and converting several mandatory additional notes into equity [2]. - The company has access to a $100 million equity line of credit facility, with approximately $7.1 million drawn to date, positioning it well for future strategic opportunities [2].

Share Structure - As of April 3, 2024, there are 10,149,386 Class A ordinary shares outstanding[42] - Major shareholders include Fong, Hei Yue Tina with 2,326,000 shares (22.9%) and Siu, Wing Fung Alfred with 1,779,500 shares (17.5%) [33] - A total of 8,319,988 warrants are outstanding, each exercisable at $11.50 per share[60] - The company is authorized to issue a maximum of 101,000,100 shares, including 100,000,000 Class A ordinary shares[42] - The Class A ordinary shares are listed on the Nasdaq Global Market under the symbol "NIVF"[39] Auditor and Financial Reporting - Following the Business Combination, Onestop has been engaged as the independent auditor of the company[66] - The previous auditor, Marcum Asia, was dismissed effective April 3, 2024, with no adverse opinions reported on their financial statements[67] - The annual report for the year ended December 31, 2023, has been filed with the SEC, including audited financial statements for both 2023 and 2022[75] - Marcum Asia has been engaged to provide a letter to the SEC regarding the disclosures made by PubCo in the report[70] - The company has not reported any disagreements or reportable events related to its financial statements during the specified periods[69] Legal and Compliance - The company has no material legal or administrative proceedings currently pending[38] - There are no significant changes reported in the company's financial condition[39] - The company is in compliance with the requirements for filing on Form 20-F, as certified by the Chief Executive Officer[78] Corporate Agreements and Plans - The merger agreement with NewGenIvf Limited has undergone multiple amendments, with the latest being on March 1, 2024[77] - The company has incorporated various agreements related to its operations, including lease contracts and service agreements, into its registration statement[77] - The financial disclosures include a Receivables Purchase Agreement dated December 28, 2022, which is part of the company's financial strategy[78] - The report includes a list of subsidiaries, which is essential for understanding the company's structure and operations[77] - The company has established a 2024 Share Incentive Plan to align employee interests with shareholder value[77]

Core Viewpoint - NewGenIvf Group Limited has secured $5.2 million in strategic funding to support its expansion into the UAE, with plans to establish a fertility clinic in Dubai, leveraging advanced technology and aiming to serve a diverse patient base [1][5][6] Funding Arrangements - The company has entered into two funding arrangements with an investor, with the potential to raise a total of up to $30.8 million [1] - The fourth tranche of debt financing was completed, involving a senior convertible note of $2 million with an interest rate of 14.75% per annum [2] - A new Securities Purchase Agreement was established, allowing for the sale of additional convertible notes not exceeding $25.6 million [3] Expansion Plans - The funding will be utilized to establish a state-of-the-art fertility clinic in Dubai, which will offer a comprehensive suite of services including IVF with gender selection, egg donation, and surrogacy [5] - The clinic aims to attract patients from the UAE, EU countries, and neighboring regions, particularly India, where there is significant demand for fertility services [5] - Construction of the facility is expected to begin in the second quarter of 2025, with an opening targeted for the fourth quarter of the same year [5] Company Background - NewGen is a comprehensive fertility services provider in Asia, with clinics located in Thailand, Cambodia, and Kyrgyzstan, offering a full suite of infertility treatments [7] - The company is dedicated to increasing access to fertility treatments and has a management team with over a decade of experience in the fertility industry [7]

Core Viewpoint - NewGenIvf Group Limited has terminated its binding term sheet with European Wellness Investment Holdings Limited regarding a proposed reverse merger due to EWIHL's failure to deliver required draft audited financial statements by the deadline [1][2]. Company Overview - NewGen is a comprehensive fertility services provider in Asia, offering a range of fertility treatments to couples and individuals facing infertility challenges [4]. - The company operates clinics in Thailand, Cambodia, and Kyrgyzstan, providing services such as assisted reproductive technology, egg and sperm donation, and surrogacy [4]. Transaction Details - The proposed reverse merger would have resulted in EWIHL holding approximately 61.6% of NewGen's equity [2]. - The completion of the merger was contingent upon due diligence, delivery of draft audited financials for 2023 and 2024, and negotiation of a definitive agreement [2]. Management Commentary - The CEO of NewGen expressed confidence in the company's ability to pursue other growth opportunities despite the termination of the merger [3]. - The management team remains focused on executing the core business strategy and exploring avenues to create shareholder value, including recent acquisitions and services like lifetime egg-freezing [3].

Core Viewpoint - NewGenIvf Group Limited is progressing with a proposed reverse merger with European Wellness Investment Holdings Limited, while also completing the acquisition of MicroSort Reproductive Technology, indicating a strategic focus on growth and expansion in the fertility services sector in Asia [1][2][3]. Group 1: Reverse Merger with EWIHL - The proposed reverse merger with EWIHL would result in EWIHL holding approximately 61.6% of NewGen's equity upon completion [2]. - Completion of the merger is contingent upon due diligence, delivery of draft audited financials for 2023 and 2024 by March 31, 2025, and negotiation of a definitive agreement [2]. - As of the press release date, EWIHL has not provided the required draft financials, and key due diligence documents are still pending, which may delay the transaction [2]. Group 2: Acquisition of MicroSort Reproductive Technology - NewGen completed its acquisition of MicroSort Reproductive Technology on February 28, 2025, following a definitive agreement announced on January 21, 2025 [3]. - The company aims to continue evaluating strategic acquisition opportunities that align with its long-term growth strategy [3]. Group 3: Financial Performance and Position - The company has improved its financial standing from a deficit of $7 million to a surplus of over $10 million within five months, achieving a net asset increase of $17 million [4]. - As of February 28, the net asset value per share is reported at $2.16, with only $50,000 in debt on the balance sheet, positioning the company strongly for future strategic opportunities [4]. Group 4: Company Overview - NewGen is a comprehensive fertility services provider in Asia, offering a range of treatments including assisted reproductive technology, egg and sperm donation, and surrogacy [5]. - The company operates clinics in Thailand, Cambodia, and Kyrgyzstan, focusing on increasing access to infertility treatments for couples and individuals [5].