Company: BIVIW
Filing Date: 2025-07-11
Form Type: S-1/A
Source: 0001520138-25-000205
Chunk: 218

Company: BIOVIE INC.
Filing Date: 2025-07-11
Form: S-1/A
Chunk 218
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:|:----|:-------------|----:|:----|:----------|:--|
| Outstanding and exercisable at June 30, 2024  |     |                  |  1,932,029 |   |     | $        | 14.03 |     |              | 4.0 |     | $         | - |
| Granted                                       |     |                  | 10,181,640 |   |     |          |  1.65 |     |              | 4.8 |     |           | - |
| Exercised                                     |     |                  | (2,502,967 | ) |     |          |  1.53 |     |              |   - |     |           | - |
| Expired                                       |     |                  |    (10,138 | ) |     |          | 21.94 |     |              |   - |     |           | - |
| Outstanding and exercisable at March 31, 2025 |     |                  |  9,600,564 |   |     | $        |  3.50 |     |              | 4.3 |     | $         | - |

The table below shows the expiration of the warrants
outstanding as of March 31, 2025:

| Schedule of warrants outstanding 
 Expiring June 30, 2025           
 2026                             |     | Number of Warrants |         - 
     3,518 |
|:---------------------------------|:----|:-------------------|----------:|
| 2027                             |     |                    |    36,100 |
| 2028                             |     |                    |   727,273 |
| 2029                             |     |                    | 1,155,000 |
| 2030                             |     |                    | 7,678,673 |
| Total outstanding warrants       |     |                    | 9,600,564 |

| 9. | 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 1 term,
commenced on October 1, 2023, and has been subsequently renewed for another year at the same rate.

The Company’s San Diego office lease at 5090
Shoreham Place Suite 212,