other material
confidence high
sentiment neutral
materiality 0.60
BioVie enters $20M at-the-market equity sales agreement with Cantor and B. Riley
BIOVIE INC.
- Up to $20M of Class A common stock may be sold through agents Cantor Fitzgerald and B. Riley in at-the-market offerings.
- Agents receive 3% commission on gross proceeds; company reimburses up to $75k in expenses.
- Proceeds intended for general corporate purposes and working capital.
- Company has no obligation to sell shares; may suspend or terminate at any time.