Company: BIVIW
Filing Date: 2025-07-11
Form Type: S-1/A
Source: 0001520138-25-000205
Chunk: 187

Company: BIOVIE INC.
Filing Date: 2025-07-11
Form: S-1/A
Chunk 187
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                  |    51,037 |   |     | $                               |  61.70 |     |                                         | 3.8 |     | $                         |          - |
| Granted                                      |     |                  |   727,273 |   |     |                                 |  18.20 |     |                                         | 5.0 |     |                           |          - |
| Expired                                      |     |                  |      (482 | ) |     |                                 | 750.00 |     |                                         |   - |     |                           |          - |
| Exercised                                    |     |                  |      (800 | ) |     |                                 |  22.50 |     |                                         |   - |     |                           |          - |
| Outstanding and exercisable at June 30, 2023 |     |                  |   777,029 |   |     |                                 |  20.60 |     |                                         | 4.0 |     |                           | 18,318,954 |
| Granted                                      |     |                  | 1,755,000 |   |     |                                 |  13.14 |     |                                         | 5.0 |     |                           |          - |
| Exercised                                    |     |                  |  (600,000 | ) |     |                                 |  10.00 |     |                                         |   - |     |                           |          - |
| Outstanding and exercisable at June 30, 2024 |     |                  | 1,932,029 |   |     | $                               |  14.03 |     |                                         | 4.0 |     | $                         |          - |

Of the above warrants outstanding at June 30, 2024,
10,138 expire in the fiscal year ending June 30, 2025, 3,518 expire in the fiscal year ending June 30, 2026, 763,373 expire in the fiscal
year ending June 30, 2027 and 1,155,000 expire in the fiscal year ending June 30, 2029.

| 10. | Leases |

Office Leases

The Company pays an annual rent of $2,200 for its
headquarters at 680 W Nye Lane, Suite 201, Carson City Nevada 89703. The rental agreement was for a one-year term, commenced on October
1, 2022 and has been subsequently