other material
confidence high
sentiment neutral
materiality 0.50
BioVie raises up to $21M in equity offering with warrants; files amendment to 8-K
BIOVIE INC.
- Offering of up to 21 million shares of common stock at $1.00 per share.
- Pre-funded warrants offered at $0.9999 per warrant; each exercisable for one share.
- Class A common stock purchase warrants to purchase up to 10.5 million shares.
- Placement agent is ThinkEquity LLC.
- Amendment filed to include legal opinions from Sherman & Howard and Reed Smith.