---
schema_version: "secwatch.filing_event.v1"
accession: "0001520138-24-000086"
form_type: "8-K"
ticker: "BIVI"
cik: "0001580149"
company_name: "BIOVIE INC."
filed_at: "2024-03-04T23:59:59+00:00"
generated_at: "2026-06-05T04:43:43.510472+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# BioVie announces $21M public offering of 21M shares at $1.00 with warrants

## Summary
- Offering of 21,000,000 common shares (or pre-funded warrants) at $1.00 per share, plus warrants to purchase up to 10,500,000 shares at $1.50.
- Gross proceeds ~$21 million; net proceeds for working capital and general corporate purposes.
- ThinkEquity is sole placement agent; offering expected to close March 6, 2024.
- Pre-funded warrants exercisable at $0.0001 per share; common warrants exercisable at $1.50 for 5 years.

## SEC filing metadata
- accession: 0001520138-24-000086
- form_type: 8-K
- ticker: BIVI
- cik: 0001580149
- company_name: BIOVIE INC.
- filed_at: 2024-03-04T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1580149/000152013824000086/0001520138-24-000086-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1580149/000152013824000086/bivi-20240304_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001520138-24-000086
- JSON: https://secwatch.observer/filing/0001520138-24-000086.json
- Plain text: https://secwatch.observer/filing/0001520138-24-000086.txt

## Key facts
- Material Agreements
  BIOVIE INC. entered into Agreement with ThinkEquity LLC valued at approximately $21,000,000 million (effective 2024-03-04).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: ThinkEquity LLC
  - Value: approximately $21,000,000 million
  - Effective: 2024-03-04
  source text: On March 4, 2024, BioVie Inc. (the “ Company ”) entered into a placement agent agreement (the “ Agreement ”) with ThinkEquity LLC, as the placement agent (the “ Placement Agent ”), in connection with the issuance and sale (the “ Offering ”) directly to various investors (the “ Investors ”) of up to 21,000,000 shares
  evidence_url: https://www.sec.gov/Archives/edgar/data/1580149/000152013824000086/0001520138-24-000086-index.htm

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