secwatch.observer — SEC 8-K summary
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Issuer:     BIOVIE INC. (BIVI)
CIK:        0001580149
Form:       8-K
Filed at:   2024-10-29T23:59:59+00:00
Accession:  0001520138-24-000400
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 $3.2M registered direct offering of 1.146M shares at $2.83/share
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- Offering of 1,146,000 shares at $2.83 per share, gross proceeds ~$3.2M.
- Net proceeds to be used for working capital and general corporate purposes.
- Placement agent warrant for 57,300 shares at $3.5375 (125% of offering price).
- Offering expected to close on October 29, 2024, subject to customary conditions.
- ThinkEquity acting as sole placement agent; securities sold under effective shelf registration.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1580149/000152013824000400/0001520138-24-000400-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1580149/000152013824000400/bivi-20241029_8k.htm
  HTML page:      https://secwatch.observer/filing/0001520138-24-000400

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