Company: BIVIW
Filing Date: 2025-07-22
Form Type: S-1/A
Source: 0001520138-25-000216
Chunk: 139

Company: BIOVIE INC.
Filing Date: 2025-07-22
Form: S-1/A
Chunk 139
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ify the underwriters against
specified liabilities, including liabilities under the Securities Act, or to contribute to payments the underwriters may be required to
make in respect of those liabilities.

Over-Allotment Option

We have granted a 45-day option to the underwriters
to purchase up to 218,447 additional shares of Common Stock and/or up to 218,447 additional Pre-funded Warrants and/or up to 218,447
additional Warrants, or any combination thereof, solely to cover over-allotments, if any. The underwriters may exercise this option one
or more times in whole or in part for 45 days from the closing of this offering. If any of these additional securities are purchased,
the underwriters will offer the additional securities on the same terms as those on which the Units and Pre-funded Units are being offered.

The over-allotment option purchase price to be
paid per additional share of Common Stock or Pre-funded Warrant by the underwriters shall be equal to the public offering price of one
Unit or one Pre-funded Unit, respectively, less $0.1 allocated to the Warrants and less the underwriting discount, and the purchase price
to be paid per additional Warrant shall be equal to $0.1, less the underwriting discount.

Underwriting Discount, Commissions and Expenses

Pursuant to the underwriting agreement, we will
pay the underwriters, concurrently with the closing of this offering, a underwriting fee equal to 7% of the aggregate purchase price paid
by each purchaser of securities that are placed in this offering (other than certain purchasers of Securities in this offering that are
set forth on a schedule to the underwriting agreement (the “Excluded Purchasers”), which fee will be equal to 3% of the aggregate
purchase price paid by each Excluded Purchaser). We have also agreed to pay a non-accountable expense allowance to the Representative
equal to 1% of the gross proceeds received in this offering from purchasers other than the Excluded Purchasers.

The underwriters propose initially to offer the
Units and/or Pre-funded Units to the public at the public offering price set forth on the cover page of this prospectus and to dealers
at that price less a concession not in excess of $ per Unit and $
per Pre-funded Unit. If all of the Units and/or Pre-funded Units offered by us are not sold at the public offering price, the underwriters
may change the public offering price and other selling terms