Company: BIVIW
Filing Date: 2025-05-15
Form Type: DRS
Source: 0001520138-25-000149
Chunk: 56

Company: BIOVIE INC.
Filing Date: 2025-05-15
Form: DRS
Chunk 56
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 Accordingly, this prospectus and any other document or material in connection with the offer
or sale, or invitation for subscription or purchase, of our securities may not be circulated or distributed, nor may the securities be
offered or sold, or be made the subject of an invitation for subscription or purchase, whether directly or indirectly, to persons in Singapore
other than (i) to an institutional investor (as defined under Section 4A of the Securities and Futures Act, Chapter 289 of Singapore (the
“SFA”)) pursuant to Section 274 of the SFA, (ii) to a relevant person (as defined in Section 275(2) of the SFA) pursuant to
Section 275(1) of the SFA, or any person pursuant to Section 275(1A), and in accordance with the conditions specified in Section 275 of
the SFA or (iii) otherwise pursuant to, and in accordance with the conditions of, any other applicable provision of the SFA, in each case
subject to conditions set forth in the SFA.

Where our securities are subscribed or purchased
under Section 275 by a relevant person which is a corporation (which is not an accredited investor as defined in Section 4A of the SFA)
the sole business of which is to hold investments and the entire share capital of which is owned by one or more individuals, each of whom
is an accredited investor, the securities or securities-based derivatives contracts (each as defined in Section 2(1) of the SFA) of that
corporation shall not be transferable for six months after that corporation has acquired our securities under Section 275 except: (a)
to an institutional investor under Section 274 of the SFA or to a relevant person, (b) where such transfer arises from an offer in that
corporation’s securities pursuant to Section 275(1A) of the SFA, and in accordance with the conditions, specified in Section 275
of the SFA; (c) where no consideration is or will be given for the transfer; (d) where such transfer is by operation of law; or (e) as
specified in Section 276(7) of the SFA.

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Where the securities are subscribed or purchased
under Section 275 of the SFA by a relevant person which is a trust (where the trustee is not an accredited investor (as defined in Section
4A of the