---
schema_version: "secwatch.filing_event.v1"
accession: "0001520138-24-000320"
form_type: "8-K"
ticker: "BIVI"
cik: "0001580149"
company_name: "BIOVIE INC."
filed_at: "2024-09-25T23:59:59+00:00"
generated_at: "2026-05-31T01:48:58.199953+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# BioVie closes $3M public offering of shares and warrants at $1.53/unit

## Summary
- Closed best efforts offering of 1,360,800 shares, pre-funded warrants for 600,000 shares, and 1,960,800 common warrants.
- Gross proceeds of ~$3.0M; net proceeds ~$2.79M after placement agent fees and expenses.
- Acuitas warrant exercise price adjusted from $10.00 to $1.53 per share due to anti-dilution provision.
- Net proceeds to be used primarily for working capital and general corporate purposes.

## SEC filing metadata
- accession: 0001520138-24-000320
- form_type: 8-K
- ticker: BIVI
- cik: 0001580149
- company_name: BIOVIE INC.
- filed_at: 2024-09-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1580149/000152013824000320/0001520138-24-000320-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1580149/000152013824000320/bivi-20240925_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001520138-24-000320
- JSON: https://secwatch.observer/filing/0001520138-24-000320.json
- Plain text: https://secwatch.observer/filing/0001520138-24-000320.txt

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