BRIEF-Newgen Eliminates Convertible Note And Warrant Overhang With A Significant Investor

NewGenIvf Group Limited Class A

NewGenIvf Group Limited Class A

NIVF

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June 16 (Reuters) - NewGenIvf Group Ltd NIVF.O:

  • NEWGEN ELIMINATES CONVERTIBLE NOTE AND WARRANT OVERHANG WITH A SIGNIFICANT INVESTOR, ENTERS INTO SETTLEMENT AGREEMENT STRENGTHENING CAPITAL STRUCTURE

  • NEWGENIVF GROUP - SETTLEMENT ELIMINATES POTENTIAL DILUTION FROM CONVERTIBLE NOTES AND WARRANTS

  • NEWGENIVF GROUP - INVESTOR TO FORBEAR CONVERSION OF NOTES, EXERCISE OF WARRANTS, AND ADDITIONAL CLOSINGS EFFECTIVE TODAY

  • NEWGENIVF GROUP - AGGREGATE CONSIDERATION PAYABLE THROUGH SCHEDULED INSTALMENTS THROUGH LATE 2027

Source text: ID:nGNX1v1QkF

Further company coverage: NIVF.O


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