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NewGenIvf Group Limited - NIVF STOCK NEWS

Welcome to our dedicated page for NewGenIvf Group news (Ticker: NIVF), a resource for investors and traders seeking the latest updates and insights on NewGenIvf Group stock.

NewGenIvf Group Limited (symbol: NIVF) is an industry leader in the provision of assisted reproductive services across the Asia Pacific region. With a vision centered on helping individuals and couples achieve their dream of building families, NewGenIvf specializes in a comprehensive range of fertility treatments. The company's core offerings include in-vitro fertilization (IVF) services, traditional IVF, egg donation, surrogacy, and ancillary caring services.

Founded with an ambitious goal to increase access to infertility treatments, NewGenIvf has significantly contributed to the field of reproductive health. The company operates advanced clinics in Thailand, Cambodia, and Kyrgyzstan, offering a full suite of services. These include comprehensive infertility and assisted reproductive technology treatments, egg and sperm donation, and surrogacy arrangements, tailored to the legal frameworks of each jurisdiction.

The company’s extensive experience in the fertility industry, spanning over a decade, underscores its commitment to excellence and innovation. NewGenIvf’s management team brings a wealth of expertise, ensuring that every patient receives the highest standard of care. This dedication is reflected in the positive outcomes and high satisfaction rates reported by their clientele.

NewGenIvf's strategic partnerships and collaborations further bolster its capabilities. By aligning with organizations that share its mission, the company continues to enhance its service offerings and expand its reach. The company’s forward-thinking approach and state-of-the-art facilities position it at the forefront of fertility treatments in the region.

For investors, NewGenIvf represents a promising opportunity. The company’s strong financial health, combined with a growing demand for fertility treatments, suggests a robust future. NewGenIvf is committed to maintaining transparency and regularly updates stakeholders on its financial performance, recent achievements, and ongoing projects.

To stay informed about the latest developments, visit NewGenIvf’s website. The information provided on the company’s website is regularly updated and offers comprehensive insights into its operations and services.

News
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NewGen (NASDAQ: NIVF) announced a 1-for-20 reverse stock split of all issued and unissued shares, approved by the Board on January 21, 2025. The company's Class A Ordinary Shares will begin trading on a split-adjusted basis on February 11, 2025, under the same ticker NIVF but with a new CUSIP number G0544E204.

The reverse split will reduce outstanding Class A Ordinary Shares from approximately 27.07 million to 1.35 million. All options, warrants, and convertible securities will be adjusted accordingly. The company will issue one full post-split share for any fractional shares resulting from the process.

The primary purpose of this reverse split is to regain compliance with Nasdaq's $1.00 per share minimum bid price requirement, for which the company has until April 7, 2025, to comply. Continental Stock Transfer & Trust Company will serve as the transfer agent for this process.

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NewGenIvf Group (NASDAQ: NIVF) has announced a definitive agreement to acquire MicroSort, a proprietary sperm-sorting technology, for US$5 million. The acquisition will be funded through US$750,000 in cash and 2,500,000 ordinary shares at US$1.70 per share.

MicroSort's technology enables the separation of X and Y chromosome-bearing sperm cells before IVF procedures, using fluorescent DNA staining and flow cytometry. The technology serves couples seeking family balancing and prevention of X-linked genetic disorders. It currently has commercial applications and licenses in Thailand, Japan, Cambodia, and Mexico.

The transaction is expected to increase NewGen's shareholders' equity by US$4.25 million and includes assuming existing licensing agreements, creating an immediate additional revenue stream. The purchase price has been validated by an independent third-party valuation and approved by NewGen's board.

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NewGenIvf Group (NASDAQ: NIVF) has launched a new lifetime egg freezing service in Asia, offering a 'one charge, no worries' fertility preservation solution. The service allows customers to make a one-time payment for unlimited egg storage duration, targeting working women and professionals seeking reproductive flexibility.

The global egg freezing and embryo banking market, valued at $3.9 billion in 2022, is projected to grow at a 16.8% CAGR from 2023 to 2030. NewGen targets $12 million in annual revenue from this service in its first year. The launch aligns with increasing workplace benefits for fertility preservation and government support, such as Tokyo's metropolitan subsidy for egg freezing.

Market research shows particular interest from Chinese customers, with over 60% of surveyed women (predominantly aged 30-34) expressing interest in egg freezing services. Due to restrictions in China, these customers must seek international providers like NewGen.

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NewGen (NASDAQ: NIVF) announced progress in its reverse merger with European Wellness Investment Holdings (EWIHL), including the appointment of legal teams to prepare the Share Purchase Agreement. The signing deadline has been extended from January 27, 2025, to February 28, 2025, allowing time for due diligence and NASDAQ compliance requirements.

The US$452 million transaction, valued at US$3.20 per share, follows a binding term sheet signed on December 11, 2024. The merger aims to combine NewGen's operations with EWIHL's expertise in regenerative medicine and stem cell therapies, led by Prof. Dato' Sri Dr. Mike K.S. Chan, who brings 39 years of experience and a global network of medical wellness centers.

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NewGenIvf Group (NASDAQ: NIVF) has announced a strategic investment in digital assets, deploying US$1 million through OSL Digital Securities, a regulated digital asset platform in Hong Kong. The company's portfolio allocation includes 55% in Bitcoin and Ethereum, 10% in Tether stablecoin, and 35% in various mid- and small-cap cryptocurrencies.

The investment represents NewGen's entry into the cryptocurrency market, aiming to diversify revenue streams while managing risk exposure. The company selected OSL as custodian based on their compliance and security capabilities in digital assets management.

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NewGen (NASDAQ: NIVF) has signed a binding term sheet for a reverse merger with European Wellness Investment Holdings (EWIHL) in a US$452 million transaction at US$3.20 per share. The deal involves NewGen issuing 141,250,000 ordinary shares in exchange for 100% equity of EWIHL, with EWIHL shareholders expected to hold 61.6% equity post-transaction.

The merger aims to create synergistic value through EWIHL's healthcare products complementing NewGen's fertility treatments and leveraging their distribution network. The increased market capitalization is expected to support NewGen's continued Nasdaq Global Market listing, addressing previous delisting concerns. The company has secured an equity line of credit to support the transaction.

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NewGenIvf Group (NASDAQ: NIVF) received a delisting notice from Nasdaq on November 21, 2024, due to non-compliance with two listing requirements: the minimum $15 million Market Value of Publicly Held Shares and $50 million Market Value of Listed Securities. The company plans to appeal the delisting and has secured two major funding arrangements: a $29.48 million convertible note facility with ATW Partners and a $100 million equity line of credit (expandable to $500 million) with White Lion Capital. NewGen will also apply to transfer from Nasdaq Global Market to Nasdaq Capital Market to maintain its listing status.

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NewGenIvf Group (NASDAQ: NIVF) has entered into a binding term sheet with White Lion Capital for a $100 million equity line of credit, which can be expanded to $500 million. The initial agreement allows NewGen to sell up to $100 million in common stock over 36 months, with potential increases to $300 million upon substantial M&A activity, and further to $500 million after $250 million has been drawn. The facility can be extended to 65 months, and its implementation is subject to definitive agreements and registration statement filing. The company views this as a strategic tool for expansion across Asia and potential acquisitions.

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NewGenIvf Group (NASDAQ: NIVF) has received a notification from Nasdaq regarding non-compliance with the minimum bid price requirement. The company's Class A Ordinary Shares failed to maintain a closing bid price of at least $1 for 30 consecutive business days, violating Nasdaq Listing Rule 5450(a)(1).

NewGenIvf has until April 7, 2025, to regain compliance by achieving a closing bid price of $1 or higher for a minimum of ten consecutive business days. If compliance is not achieved by this date, the company may face delisting. However, NewGenIvf may be eligible for additional time to cure the deficiency.

The company plans to monitor its stock price and consider options to regain compliance. Meanwhile, NIVF shares will continue to trade on Nasdaq without interruption.

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NewGenIvf Group (NASDAQ: NIVF), a comprehensive fertility services provider in Asia, filed its 2023 annual report with the SEC on August 19, 2024. Key financial highlights include:

  • Total revenues of US$5.1 million in 2023
  • Gross profit increased by 9.4% to US$1.7 million
  • Gross margin improved to 32.8% from 25.9% in 2022
  • Net income of US$0.1 million

The company secured a senior unsecured convertible note facility of up to US$13.3 million to fund expansion plans. NewGenIvf is also evaluating a proposed reverse merger with COVIRIX Medical Pty The company aims to capitalize on the growing demand for fertility services in Asia and upcoming legal changes in Thailand regarding commercial surrogacy and same-sex marriage.

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FAQ

What is the current stock price of NewGenIvf Group (NIVF)?

The current stock price of NewGenIvf Group (NIVF) is $0.12 as of February 10, 2025.

What is the market cap of NewGenIvf Group (NIVF)?

The market cap of NewGenIvf Group (NIVF) is approximately 3.3M.

What services does NewGenIvf Group Limited offer?

NewGenIvf offers in-vitro fertilization (IVF), egg donation, surrogacy, and ancillary caring services.

Where are NewGenIvf’s clinics located?

NewGenIvf's clinics are located in Thailand, Cambodia, and Kyrgyzstan.

How long has NewGenIvf been in the fertility industry?

NewGenIvf and its management have over a decade of experience in the fertility industry.

What is NewGenIvf’s mission?

NewGenIvf aims to increase access to infertility treatments and provide comprehensive fertility services to help individuals and couples build families.

Can I find updates and information about NewGenIvf online?

Yes, you can visit their website at www.newgenivf.com for the latest updates and information.

What makes NewGenIvf a promising investment?

NewGenIvf's strong financial health, extensive experience, and growing demand for fertility treatments make it a promising investment.

Does NewGenIvf collaborate with other organizations?

Yes, NewGenIvf partners with organizations that share its mission to enhance its service offerings and expand its reach.

What are the legal considerations for NewGenIvf's services?

NewGenIvf's services are tailored to the legal frameworks of the jurisdictions in which its clinics operate.

How does NewGenIvf ensure a high standard of care?

NewGenIvf's management team brings extensive expertise, ensuring that every patient receives the highest standard of care.

How can investors stay informed about NewGenIvf’s performance?

Investors can stay informed by visiting the company's website and reviewing regular updates on financial performance, achievements, and projects.
NewGenIvf Group Limited

Nasdaq:NIVF

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