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BioVie Inc. Announces Pricing of Registered Direct Offering and Concurrent Private Placement
Contract Type
agreement
BeverlyBiotechnologyHealth CareTherapeuticsDescription
BioVie Inc. announced the pricing of a registered direct offering of 4,443,000 shares of its common stock priced at $1.50 per share, resulting in total gross proceeds of $6,664,500. The company also agreed to issue unregistered warrants to purchase up to 4,443,000 shares of common stock in a concurrent private placement, and intends to use the net proceeds primarily for working capital and general corporate purposes. The offering is expected to close on or about October 22, 2024.
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