Reported Earlier, NewGen Prices $1.25M Public Offering Of 17,857,143 Ordinary Shares Or Pre-Funded Warrants At $0.07 Per Share

The offering consists of 17,857,143 Ordinary Shares or Pre-Funded Warrants in lieu thereof. The public offering price per Common Share is $0.07 (or $0.06999 for each Pre-Funded Warrant, which is equal to the public offering price per Ordinary Share to be sold in the offering minus an exercise price of $0.00001 per Pre-Funded Warrant).