NewGenIvf (NIVF) 10% Owner Cheung Kong Yiu Buys Shares

What Happened

• Cheung Kong Yiu, a reported 10% owner of NewGenIvf Group Ltd (NIVF), acquired a total of 3,722,223 Class A ordinary shares in four purchase transactions between May 28 and July 27, 2026. The purchases were: 222,223 shares at $1.50 ($333,335) on 2026-05-28; 500,000 shares at $1.33 ($665,000) on 2026-06-02; 500,000 shares at $1.33 ($665,000) on 2026-06-18; and 2,500,000 shares at $1.00 ($2,500,000) on 2026-07-27. Total reported cash outlay: $4,163,335. These transactions were purchases (code P), which investors often view as a more informative/bullish signal than routine sales.

Key Details

• Transaction dates & prices:
  • 2026-05-28: 222,223 shares @ $1.50 ($333,335)
  • 2026-06-02: 500,000 shares @ $1.33 ($665,000)
  • 2026-06-18: 500,000 shares @ $1.33 ($665,000)
  • 2026-07-27: 2,500,000 shares @ $1.00 ($2,500,000)
• Total shares acquired: 3,722,223; total value: $4,163,335.
• Shares owned after transaction: Not specified in the Form 4 provided.
• Footnote (F1): The reported Class A shares were issued to the reporting person pursuant to share purchase agreements with the issuer. The first three tranches shown were adjusted to reflect a 1-for-3 reverse stock split (e.g., 222,223 adjusted from 666,667 pre-split; 500,000 adjusted from 1,500,000 pre-split).
• Filing timeliness: Form 4 was filed 2026-09-02 reporting transactions from 2026-05-28 through 2026-07-27; this appears to be late relative to the usual 2-business-day filing requirement for Section 16 insiders.

Context

• Reporting status: As a 10% owner, Cheung is a beneficial owner required to report under Section 16; this is not necessarily an executive insider trade.
• Nature of transaction: These were purchases under share purchase agreements (P). Not options exercises, awards, or gifts.
• What it means for investors: Multiple purchases totaling over $4.1M show meaningful insider buying, but filings do not state intent or future plans. The late filing may delay market transparency.