Company: BIVIW
Filing Date: 2025-10-06
Form Type: POS AM
Source: 0001520138-25-000294
Chunk: 26

Company: BIOVIE INC.
Filing Date: 2025-10-06
Form: POS AM
Chunk 26
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 of Common Stock, as well as upon any distribution of assets, including cash,
stock or other property, to our stockholders.

Transferability

Subject to applicable laws, the Pre-Funded Warrants
may be offered for sale, sold, transferred or assigned without our consent.

Exchange Listing

We do not intend to list the Pre-Funded Warrants on
Nasdaq, any other national securities exchange or any other nationally recognized trading system.

Fundamental Transactions

Upon the consummation of a fundamental transaction
(as described in the Pre-Funded Warrants, and generally including any reorganization, recapitalization or reclassification of our shares
of Common Stock, the sale, transfer or other disposition of all or substantially all of our properties or assets, our consolidation or
merger with or into another person, the acquisition of more than 50% of our outstanding shares of Common Stock, or any person or group
becoming the beneficial owner of 50% of the voting power of our outstanding shares of Common Stock), the holders of the Pre-Funded Warrants
will be entitled to receive, upon exercise of the Pre-Funded Warrants, the kind and amount of securities, cash or other property that
such holders would have received had they exercised the Pre-Funded Warrants immediately prior to such fundamental transaction, without
regard to any limitations on exercise contained in the Pre-Funded Warrants. Notwithstanding the foregoing, in the event of a fundamental
transaction where the consideration consists solely of cash, solely of marketable securities or a combination of cash and marketable securities,
then each Pre-Funded Warrants shall automatically be deemed to be exercised in full in a cashless exercise effective immediately prior
to and contingent upon the consummation of such fundamental transaction.

No Rights as a Stockholder

Except by virtue of such holder’s ownership
of shares of Common Stock, the holder of a Pre-Funded Warrant does not have the rights or privileges of a holder of our shares of Common
Stock, including any voting rights, until such holder exercises the Pre-Funded Warrant.

Warrants

The following summary of certain terms and provisions
of the Warrants is not complete and is subject to, and qualified in its entirety by, the provisions of the Warrants, the form of which
is filed as an exhibit to the registration statement of which this prospectus form a part.

Term

The Warrants are immediately exercisable and will
expire on the fifth (5) anniversary of the original issuance date.