NewGenIvf Group (NIVF) announced it has entered a binding term sheet with White Lion Capital LLC setting out the principal terms and conditions for a Digital Assets Purchase Agreement with a commitment amount of 600,000 Solana tokens. Pursuant to the Term Sheet, NewGen will have the option, but not the obligation, to sell to White Lion shares of common stock of the Company over an initial 24-month period up to a total amount equivalent to the value of 600,000 Solana tokens. Upon a sale of shares, the Company will be compensated by White Lion in Solana tokens rather than cash.
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