other_material
confidence high
sentiment neutral
materiality 0.60
BioVie board effectuates 1-for-10 reverse stock split effective July 7, 2025
BIOVIE INC.
- Reverse stock split ratio of 1-for-10 becomes effective at 12:01 am ET on July 7, 2025.
- Board approved the split on June 26, 2025; stockholders had authorized the action on June 23, 2025.
- No fractional shares issued; shareholders entitled to a fractional share receive one full post-split share.
- New CUSIP number 09074F504; trading on Nasdaq continues on split-adjusted basis.
- Outstanding options, restricted stock units, and warrants adjusted proportionally with exercise prices increased.
item 3.03