---
schema_version: "secwatch.filing_event.v1"
accession: "0001520138-23-000181"
form_type: "8-K"
ticker: "BIVI"
cik: "0001580149"
company_name: "BIOVIE INC."
filed_at: "2023-04-07T23:59:59+00:00"
generated_at: "2026-06-17T04:35:58.854278+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# BioVie terminates B. Riley as ATM agent; updates prior equity sales of $48.8M

## Summary
- Mutually terminated B. Riley as sales agent under Controlled Equity Offering Sales Agreement; Cantor Fitzgerald remains agent.
- As of Apr 3, 2023, issued 7,391,228 shares for net proceeds of $48.8M after ~$1.7M commissions and expenses.
- Filed prospectus supplement to offer up to $17.5M in aggregate offering price of Class A common stock under the agreement.
- Shares sold under Company's effective S-3 registration statement (333-252386) declared effective Feb 2, 2021.

## SEC filing metadata
- accession: 0001520138-23-000181
- form_type: 8-K
- ticker: BIVI
- cik: 0001580149
- company_name: BIOVIE INC.
- filed_at: 2023-04-07T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1580149/000152013823000181/0001520138-23-000181-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1580149/000152013823000181/bivi-20230406_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001520138-23-000181
- JSON: https://secwatch.observer/filing/0001520138-23-000181.json
- Plain text: https://secwatch.observer/filing/0001520138-23-000181.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.