NewGenIvf (NIVF) Stock Soars Over 28% After-Hours: What's Driving the Surge?

NewGenIvf Group Ltd (NASDAQ: NIVF) saw its stock price surge by 28.51% to $0.13 in after-hours trading following the announcement of a public offering that raised approximately $1.25 million. The offering consisted of 17.85 million Class A Ordinary Shares at a price of $0.07 per share, with warrants also included. Prior to this surge, NIVF's stock had closed at $0.10, marking a decline of 39.88% in the regular session, and the company has experienced a significant drop of 99.99% over the past year.