NewGen increases its stake in K25.ai to 13%, with the latter's valuation rising to 250 million USD

According to GLOBE NEWSWIRE, NewGenIVF Group (NASDAQ: NIVF) has signed an agreement to reacquire a 3% stake in K25.ai at a valuation of $250 million, increasing its ownership from 10% to 13%.

The transaction price is approximately $7.5 million, and NewGen plans to issue about 2.5 million Class A common shares as partial payment. After the issuance, the total outstanding shares of the company will increase to approximately 5.9 million, with a market value expected to rise above $5 million, helping it maintain the market capitalization requirements for listing on NASDAQ.

Based on the latest valuation, NewGen's previous $10 million investment in K25.ai now corresponds to a book value of approximately $25 million. K25.ai is an AI-native live and information marketplace platform that recently completed community testing and is accelerating its expansion in the Asia-Pacific region.