NewGenIVF Locks In Long-Term Financing To Fuel Its Ambitions, Stock Jumps

NewGenIvf Group Limited (NASDAQ:NIVF) shares are trading higher premarket on Monday after the company inked a binding term sheet with White Lion Capital for a $100 million equity line of credit, expandable to $500 million.

As per the term sheet, NewGen can sell up to $100 million in common stock to White Lion over an initial 36-month period.

The amount can increase to $300 million following ...

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