Company: BIVIW
Filing Date: 2025-07-22
Form Type: S-1/A
Source: 0001520138-25-000216
Chunk: 175

Company: BIOVIE INC.
Filing Date: 2025-07-22
Form: S-1/A
Chunk 175
---
 Debt Financing Costs | 11,820 |     | Loan Premium | 25,758 |
|:---------------------------------------------------------------------------|:----|:------------------|--------:|:----|:---------------------|-------:|:----|:-------------|-------:|
| Total                                                                      |     | $                 | 111,212 |     | $                    | 11,820 |     | $            | 25,758 |

F-16

| 8. | Fair Value Measurements |

At June 30, 2024 and 2023, the estimated fair value of derivative liabilities
measured on a recurring basis are as follows:

| Schedule of derivative liabilities at fair value |     | Fair Value Measurements at 
 June 30, 2024              |   |     |         |   |     |         |       |     |       |       |
|:-------------------------------------------------|:----|:---------------------------|:--|:----|:--------|:--|:----|:--------|------:|:----|:------|------:|
|                                                  |     | Level 1                    |   |     | Level 2 |   |     | Level 3 |       |     | Total |       |
| Derivative liability - Warrants                  |     | $                          | - |     | $       | - |     | $       | 3,771 |     | $     | 3,771 |
| Derivative liability - Conversion Option         |     |                            | - |     |         | - |     |         |     - |     |       |     - |
| Total derivative liabilities                     |     | $                          | - |     | $       | - |     | $       | 3,771 |     | $     | 3,771 |

|                                          |     | Fair Value Measurements at 
 June 30, 2023              |   |     |         |   |     |         |           |     |       |           |
|:-----------------------------------------|:----|:---------------------------|:--|:----|:--------|:--|:----|:--------|----------:|:----|:------|----------:|
|                                          |     | Level 1                    |   |     | Level 2 |   |     | Level 3 |           |     | Total |           |
| Derivative liability - Warrants          |     | $                          | - |     | $       | - |     | $