NewGen to Repurchase Convertible Notes & Warrants to Cut Dilution

NewGenIVF Group Limited announced a Repurchase and Forbearance Agreement with a significant investor to repurchase all outstanding convertible notes and warrants. This move aims to eliminate potential equity dilution, strengthen the company's capital structure, and provide greater clarity for existing and prospective shareholders. Management believes this will allow the company's equity value to more accurately reflect its underlying net asset position and long-term value potential. The aggregate consideration is payable through a scheduled installment plan extending through late 2027, with prepayment options available without penalty.