{"schema_version":"secwatch.filing_event.v1","accession":"0001520138-23-000124","form_type":"8-K","ticker":"BIVI","cik":"0001580149","company_name":"BIOVIE INC.","filed_at":"2023-03-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.690854+00:00","generated_at":"2026-06-18T11:37:40.413841+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"BioVie Chairman Terren Peizer resigns after being charged with insider trading of Ontrak Inc.","bullets":["Resignation effective March 2, 2023; Peizer charged by DOJ and SEC for alleged insider trading of Ontrak Inc.","Peizer's resignation is not due to any disagreement with BioVie's operations, policies, or practices.","Board elected current director Jim Lang as new Chairman, effective immediately.","Peizer had served as Chairman; his departure follows separate legal actions unrelated to BioVie."],"urls":{"canonical":"https://secwatch.observer/filing/0001520138-23-000124","json":"https://secwatch.observer/filing/0001520138-23-000124.json","markdown":"https://secwatch.observer/filing/0001520138-23-000124.md","text":"https://secwatch.observer/filing/0001520138-23-000124.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1580149/000152013823000124/0001520138-23-000124-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1580149/000152013823000124/bivi-20230303_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T11:37:40.413841+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2b3335ba06","claim":"Terren S. Peizer resigned as Chairman of the Board at BIOVIE INC..","evidence_excerpt":"On March 2, 2023, BioVie Inc. (the “Company”) accepted the resignation of Terren S. Peizer, Chairman of the Board of Directors of the Company (the “Board”), effective immediately","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1580149/000152013823000124/0001520138-23-000124-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Chairman of the Board"}],"fact_type":"executive_change"},{"claim_id":"a252b85975","claim":"Jim Lang was elected as Chairman of the Board at BIOVIE INC..","evidence_excerpt":"The Board has elected Jim Lang, a current director of the Company, to serve as the new Chairman of the Board, effectively immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1580149/000152013823000124/0001520138-23-000124-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"elected"},{"label":"Role","value":"Chairman of the Board"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}