Company: BIVIW
Filing Date: 2025-07-03
Form Type: S-1
Source: 0001520138-25-000198
Chunk: 37

Company: BIOVIE INC.
Filing Date: 2025-07-03
Form: S-1
Chunk 37
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 by us to be the beneficial owner of more than 5% of our outstanding shares of Common 
 Stock;                                                                                                 |

| · | each of our named executive officers and directors; and |

| · | all our executive officers and directors as a group. |

The percentage ownership information shown in
the table is based upon 1,860,086 shares of Common Stock outstanding as of June 30, 2025.

Beneficial ownership is determined in accordance
with the rules of the SEC and includes voting or investment power with respect to the securities. Except as otherwise indicated, each
person or entity named in the table has sole voting and investment power with respect to all shares of our capital shown as beneficially
owned, subject to applicable community property laws.

In computing the number and percentage of shares
beneficially owned by a person as of a particular date, shares that may be acquired by such person (for example, upon the exercise of
options or warrants) within 60 days of such date are counted as outstanding, while these shares are not counted as outstanding for computing
the percentage ownership of any other person.

The address of each holder listed below, except
as otherwise indicated, is c/o BioVie Inc., 680 W Nye Lane, Suite 201, Carson City, Nevada 89703.

| Name and Address of Beneficial Owner                        |     | Number of Shares |         |     | Percentage |      |   |
| James Lang (1)                                              |     |                  |   9,269 |     |            |    * |   |
| Sigmund Rogich (2)                                          |     |                  |   6,297 |     |            |    * |   |
| Michael Sherman (3)                                         |     |                  |   9,315 |     |            |    * |   |
| Cuong Do (4)                                                |     |                  |  19,670 |     |            | 1.0% |   |
| Joanne Wendy Kim (5)                                        |     |                  |   3,225 |     |            |    * |   |
| Joseph Palumbo (6)                                          |     |                  |   3,158 |     |            |    * |   |
| Affiliate – Acuitas Group Holdings (7)                      |     |                  | 305,041 |     |            | 15.8 | % |
| All directors and executive officers as a group (6 persons