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NewGenIvf Partners with White Lion Capital for $100 Million Equity Line of Credit, Expandable to $500 Million
Nov 18, 2024•over 1 year ago
Contract Type
partnership
ThailandHealth CareNon Profit
Description
NewGenIvf has entered into a binding term sheet with White Lion Capital for a $100 million equity line of credit, expandable to $500 million. This agreement provides NewGenIvf with substantial financial flexibility and aligns with their expansion plans across Asia.
Company Information
Company
NewGenIvf Group Limited
Location
Thailand
About
NewGenIvf Group Limited (NASDAQ: NIVF) is a comprehensive fertility services provider in Asia helping couples and individuals obtain access to fertility treatments. The company is committed to aiding couples and individuals in building families regardless of fertility challenges. NewGen's strategic acquisition of MicroSort, a proprietary sperm-sorting technology, enhances its capabilities in providing assisted reproductive services, strengthening its position in the growing global fertility services market.
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