Company: BIVIW
Filing Date: 2025-08-04
Form Type: S-1/A
Source: 0001520138-25-000235
Chunk: 133

Company: BIOVIE INC.
Filing Date: 2025-08-04
Form: S-1/A
Chunk 133
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. 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 that are being offered hereby is not complete and is subject to, and qualified in its entirety by, the provisions
of the Pre-funded Warrant, the form of which will be filed as an exhibit to the registration statement of which this prospectus form a
part. Prospective investors should carefully review the terms and provisions of the form of Pre-funded Warrant for a complete description
of the terms and conditions of the Pre-funded Warrants.

Term

The Pre-funded Warrants will not expire until
they are fully exercised.

Exercisability

The Pre-funded Warrants are exercisable at any
time until they are fully exercised. The Pre-funded Warrants will be exercisable, at the option of each holder, in whole or in part by
delivering to us a duly executed exercise notice and payment of the exercise price. No fractional shares of our Common Stock will be issued
in connection with the exercise of a Pre-funded Warrant. The holder of the Pre-funded Warrant may also satisfy its obligation to pay the
exercise price through a “cashless exercise,” in which the holder receives the net value of the Pre-funded Warrants in shares
of our Common Stock determined according to the formula set forth in the Pre-funded Warrant.

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Exercise Limitations

Under the terms of the Pre-funded Warrants, the
Company may not effect