Company: BIVIW
Filing Date: 2025-05-07
Form Type: PRE 14C
Source: 0001520138-25-000140
Chunk: 22

Company: BIOVIE INC.
Filing Date: 2025-05-07
Form: PRE 14C
Chunk 22
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 the Special Meeting, if necessary, for the purpose of soliciting additional proxies
in favor of Proposal 1. The Company will have the discretion to decide whether or not to present this Proposal 2 to adjourn the Special
Meeting.

Required Vote of Stockholders

To approve the grant of discretionary authority to
adjourn the Special Meeting, if necessary, for the purpose of soliciting additional proxies in favor of Proposal 1, the affirmative vote
of the holders of a majority in voting power of the votes cast at the Special Meeting by the holders entitled to vote thereon is required.
Abstentions and broker non-votes will have no effect on this proposal.

<div align='center'>YOUR BOARD OF DIRECTORS
UNANIMOUSLY RECOMMENDS A VOTE “FOR”
PROPOSAL 2 TO GRANT DISCRETIONARY AUTHORITY TO ADJOURN THE SPECIAL MEETING, IF NECESSARY, TO SOLICIT ADDITIONAL PROXIES IN FAVOR OF PROPOSAL
1.

SECURITY OWNERSHIP
OF CERTAIN BENEFICIAL OWNERS AND
MANAGEMENT AND RELATED STOCKHOLDER MATTERS</div>

Based solely upon information made available to us,
the following table sets forth information as of June [____], 2025 regarding the beneficial ownership of our Common Stock by:

| · | each person known 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 [____] shares of Common Stock outstanding as of June [____], 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