Company: BIVIW
Filing Date: 2025-10-06
Form Type: POS AM
Source: 0001520138-25-000294
Chunk: 24

Company: BIOVIE INC.
Filing Date: 2025-10-06
Form: POS AM
Chunk 24
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, par value $0.0001 per share (the “Common Stock”), of which 7,540,316
were issued and 7,537,480 shares were outstanding; and 10,000,000 shares of preferred stock, par value $0.0001 per share, none of which
were issued and outstanding. The authorized and unissued shares of Common Stock and preferred stock are available for issuance without
further action by our stockholders, unless such action is required by applicable law or the rules of any stock exchange on which our securities
may be listed. Unless approval of our stockholders is so required, our board of directors will not seek stockholder approval for the issuance
and sale of our Common Stock.

Common Stock

Each holder of Common Stock is entitled to one vote
for each share of Common Stock held on all matters submitted to a vote of the stockholders, including the election of directors. Our Articles
of Incorporation and Bylaws do not provide for cumulative voting rights. Subject to preferences that may be applicable to any then outstanding
preferred stock, the holders of our outstanding shares of Common Stock are entitled to receive dividends, if any, as may be declared from
time to time by our board of directors out of legally available funds. In the event of our liquidation, dissolution or winding up, holders
of Common Stock will be entitled to share ratably in the net assets legally available for distribution to stockholders after the payment
of all of our debts and other liabilities, subject to the satisfaction of any liquidation preference granted to the holders of any outstanding
shares of preferred stock. Holders of our Common Stock have no preemptive, conversion or subscription rights, and there are no redemption
or sinking fund provisions applicable to the Common Stock. The rights, preferences and privileges of the holders of Common Stock are subject
to, and may be adversely affected by, the rights of the holders of shares of any series of our preferred stock that we may designate and
issue in the future. All of our outstanding shares of Common Stock are fully paid and nonassessable.

Our Common Stock is listed on Nasdaq under the symbol
“BIVI.” The transfer agent and registrar for our Common Stock is West Coast Stock Transfer, Inc., Encinitas, California.

Pre-Funded Warrants

The following summary of certain terms and provisions
of the Pre-Funded Warrants is not complete and is subject to, and qualified in its entirety by, the provisions of the Pre-F