【NewGenIvf Group News】 First Test Tube Group NewGenIvf successfully launched a backdoor SPAC listing in the United States

On April 4, 2024, Asian fertility service provider NewGenIvf Group Limited(or NewGenIvf Group) successfully borrowed a shell from SPAC(Special Purpose Acquisition Company)A SPAC I Acquisition Corp. (ASCA) is officially listed on NASDAQ in the United States with the stock code "NIVF".

NewGenIvf Group merger announcement:

https://www.sec.gov/Archives/edgar/data/1981662/000121390024030082/ea0203267-6k_newgenivf.htm  

NewGenIvf Group, a comprehensive fertility service provider in Asia, helps couples and individuals obtain fertility treatment. NewGen's mission is to help couples and individuals build families, regardless of fertility challenges, and is committed to increasing access to infertility treatment and providing comprehensive fertility services to its clients. NewGen Group and its management have more than ten years of experience in the fertility industry. NewGen's clinics are located in Thailand, Cambodia and Kyrgyzstan, providing full services to patients in the respective jurisdictions.

As of the close of trading on the first day (April 4), NewGenIvf(NIVF) closed at US$1.50 per share, and its current market value is US$5.595 million.

As of the close of trading on the first day (April 4), NewGenIvf(NIVF) closed at US$1.50 per share, and its current market value is US$5.595 million.