BioVie Inc. (BIVI) said that it has priced its underwritten public offering of 2.50 million shares of its Class A common stock at a public offering price of $8.00 per share, for gross proceeds of $20 million, before deducting underwriting discounts, commissions and offering expenses.

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RTTNews | Aug 8, 2021 11:06PM EDT

23:05 Sunday, August 8, 2021 (RTTNews.com) - BioVie Inc. (BIVI) said that it has priced its underwritten public offering of 2.50 million shares of its Class A common stock at a public offering price of $8.00 per share, for gross proceeds of $20 million, before deducting underwriting discounts, commissions and offering expenses.

In addition, the company has granted the underwriters a 45 day option to purchase up to an additional 375,000 shares of common stock to cover over-allotments at the offering price, less the underwriting discount.

The company plans to use the net proceeds from the offering primarily for general corporate purposes.

Read the original article on RTTNews ( https://www.rttnews.com/3217110/biovie-prices-public-offering-of-2-50-mln-shares-at-8-00-shr.aspx)

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