secwatch.observer — SEC 8-K summary
======================================

Issuer:     BIOVIE INC. (BIVI)
CIK:        0001580149
Form:       8-K
Filed at:   2025-08-11T23:59:59+00:00
Accession:  0001520138-25-000249
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BioVie raises ~$12M gross in public offering of units (stock + warrants) at $2.00/unit
--------------------------------------------------------------------------------

- Gross proceeds ~$12M from 6M units (5.62M shares + 380K pre-funded) at $2.00/unit.
- Net proceeds ~$10.4M after underwriting discounts and estimated expenses.
- Each unit includes one share and one warrant exercisable at $2.50 for 5 years.
- Warrants (BIVIW) commenced trading on Nasdaq Capital Market on Aug 8, 2025.
- Proceeds to be used for working capital and general corporate purposes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1580149/000152013825000249/0001520138-25-000249-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1580149/000152013825000249/bivi-20250807_8k.htm
  HTML page:      https://secwatch.observer/filing/0001520138-25-000249

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