10:11 AM EDT, 04/03/2025 (MT Newswires) -- NewGenIvf Group ( NIVF ) said Thursday it has raised $5.2 million in strategic funding through two separate arrangements with an unnamed investor, with the potential to raise a total of up to $30.8 million.

The funding is expected to fund growth initiatives for the comprehensive fertility services provider, including construction of a fertility clinic in Dubai, United Arab Emirates.

The company's shares were up 75% in recent Thursday trading.

Price: 1.03, Change: +0.44, Percent Change: +74.87