secwatch.observer — SEC 8-K summary
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Issuer:     BIOVIE INC. (BIVI)
CIK:        0001580149
Form:       8-K
Filed at:   2024-10-24T23:59:59+00:00
Accession:  0001520138-24-000379
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BioVie prices $6.0M registered direct offering at $2.25/share; issues warrants at $2.12
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- Gross proceeds of ~$6,000,750 from 2,667,000 shares of common stock at $2.25 per share.
- Concurrent private placement of warrants to purchase 2,667,000 shares at $2.12/share, exercisable after 6 months, expiring 5 years later.
- Closing expected on October 24, 2024; ThinkEquity acting as sole placement agent.
- Net proceeds to be used for working capital and general corporate purposes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1580149/000152013824000379/0001520138-24-000379-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1580149/000152013824000379/bivi-20241023_8k.htm
  HTML page:      https://secwatch.observer/filing/0001520138-24-000379

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer