BioVie closes $6M registered direct offering of 2.67M shares at $2.25/share with warrants

BIOVIE INC.

Closed offering of 2,667,000 shares at $2.25 per share for gross proceeds of $6,000,750.
Concurrent private placement of warrants to purchase up to 2,667,000 shares at $2.12/exercise price.
Net proceeds ~$5.33M after fees; intended for working capital and general corporate purposes.
Warrants exercisable beginning 6 months after issuance, expiring 5 years after initial exercise date.

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