Company: BIVIW
Filing Date: 2025-08-08
Form Type: 424B5
Source: 0001520138-25-000247
Chunk: 132

Company: BIOVIE INC.
Filing Date: 2025-08-08
Form: 424B5
Chunk 132
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, then in lieu of making the cash payment otherwise contemplated to be made to us upon such exercise in payment of the aggregate
exercise price, the holder may elect instead to receive upon such exercise (either in whole or in part) the net number of shares of our
Common Stock determined according to a formula set forth in the Warrants.

Exercise Price

Each Warrant offered hereby will have an initial
exercise price per share equal to $ 2.50.

Warrant Agent

Pursuant to a warrant agent agreement between us and West Coast Stock
Transfer, Inc., as warrant agent, the Warrants will be issued in book-entry form and shall initially be represented only by one or more
global warrants deposited with the warrant agent, as custodian on behalf of The Depository Trust Company (“DTC”), and registered
in the name of Cede & Co., a nominee of DTC, or as otherwise directed by DTC.

Transferability

Subject to applicable laws, a Warrant may be transferred
at the option of the holder upon surrender of the Common Warrant to us together with the appropriate instruments of transfer.

Exchange Listing

There is no established trading market for the
Warrants. The Warrants have been approved for listing on Nasdaq under the symbol “BIVIW”. The warrant agent will be West Coast
Stock Transfer, Inc., Encinitas, California.

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No Rights as a Stockholder

Except as otherwise provided in the Warrants or
by virtue of such holder’s ownership of shares of our Common Stock, the holders of the Warrants do not have the rights or privileges
of holders of our Common Stock, including any voting rights, until they exercise their Warrants.

Anti-Takeover Effects of Nevada Law

Business Combinations

The “business combination” provisions
of Sections 78.411 to 78.444, inclusive, of the Nevada Revised Statutes (“NRS”) generally prohibit a Nevada corporation with
at least 200 stockholders from engaging in various “combination” transactions with any interested stockholder for a period
of two years after the date of the transaction in which the person became an interested stockholder, unless the transaction is approved
by the board of directors prior to the date the interested stockholder obtained such status or the combination is approved by the board
of directors and thereafter is approved at a meeting of the stockholders by the affirmative vote of stockholders representing at least
60% of the outstanding voting power held by dis