As filed with the Securities and Exchange Commission
on November 25, 2025
Registration No. 333-
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
BIOVIE INC.
(Exact name of registrant as specified in its charter)
| Nevada |
46-2510769 |
(State or other jurisdiction of
incorporation or organization) |
(I.R.S. Employer
Identification No.) |
| |
|
|
680 W Nye Lane, Suite 201
Carson City, NV
(Address of Principal Executive Offices) |
89703
(Zip Code) |
BioVie Inc.
2019 Omnibus Equity Incentive Plan
aMENDED
AND RESTATED through NOVEMBER 10, 2025
(Full title of the plan)
Cuong Do
Chief Executive Officer
c/o BioVie Inc.
680 W Nye Lane, Suite 201
Carson City, NV 89703
(775) 888-3162
(Name, address and telephone number, including area code, of agent for service)
Copy to:
Taylor W. French, Esq.
Stephen E. Older, Esq.
Carly E. Ginley, Esq.
McGuireWoods LLP
201 North Tryon Street, Suite 3000
Charlotte, North Carolina 28202
(704) 343-2000
Indicate by check mark whether the registrant is a large accelerated filer,
an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “large
accelerated filer,” “accelerated filer,” “smaller reporting company” and “emerging growth company”
in Rule 12b-2 of the Exchange Act.
| Large Accelerated Filer |
☐ |
Accelerated Filer |
☐ |
| Non-Accelerated Filer |
☒ |
Smaller reporting company |
☒ |
| |
|
Emerging growth company |
☐ |
If an emerging growth company, indicate by check mark
if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards
provided pursuant to Section 7(a)(2)(B) of the Securities Act. ☐
PART I
INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
Information required by Part I to be contained in the Section 10(a) prospectus
is omitted from this Registration Statement in accordance with Rule 428 under the Securities Act and the Note to Part I of Form S-8. The
documents containing information specified in this Part I will be separately provided to the participants in the BioVie Inc. 2019 Omnibus
Equity Incentive Plan covered by this Registration Statement, as specified by Rule 428(b)(1) under the Securities Act.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
| ITEM 3. | INCORPORATION OF DOCUMENTS BY REFERENCE |
The following documents filed with the Securities and
Exchange Commission (the “Commission”) by BioVie Inc. (the “Registrant”) are incorporated herein by reference.
| |
(1) |
The Registrant’s Annual Report on Form 10-K for the year ended June 30, 2025, filed with the Commission on August 15, 2025; |
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(2) |
The Registrant’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2025, filed with the Commission on November 10, 2025; |
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(3) |
The Registrant’s Current Reports on Form 8-K filed with the Commission on July 23, 2025 (Item 5.02 only), August 11, 2025, November 12, 2025 and November 13, 2025; and |
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(4) |
The description of the Registrant’s Class A Common Stock contained in the Registrant’s registration statement on Form 8-A under the Securities Exchange Act of 1934, as amended (the “Exchange Act”) filed on August 25, 2020, as modified by any amendment or report filed for the purpose of updating such description. |
All documents subsequently filed by the Registrant
pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act, prior to the filing of a post-effective amendment which indicates
that all securities offered have been sold, or which deregisters all securities then remaining unsold, shall be deemed to be incorporated
by reference herein and to be a part hereof from the date of filing of such documents.
Any statement contained in a document incorporated
or deemed to be incorporated by reference herein shall be deemed to be modified or superseded for purposes of this Registration Statement
to the extent that a statement contained herein, or in any other subsequently filed document which also is incorporated or deemed to be
incorporated by reference herein, modifies or supersedes such statement. Any such statement so modified or superseded shall not be deemed,
except as so modified or superseded, to constitute a part of this Registration Statement.
| ITEM 4. | DESCRIPTION OF SECURITIES |
Not applicable.
| ITEM 5. | INTERESTS OF NAMED EXPERTS AND
COUNSEL |
Not applicable.
| ITEM 6. | INDEMNIFICATION OF DIRECTORS AND
OFFICERS |
We are a Nevada corporation and generally governed
by the Nevada Private Corporations Code, Title 78 of the Nevada Revised Statutes, or NRS.
Section 78.138(3) of the NRS provides that in deciding
upon matters of business, the officers and directors are presumed to act in good faith, on an informed basis, and with a view to the interests
of the corporation. Section 78.138(7) further provides, unless the corporation’s articles of incorporation provide otherwise, a
director or officer will not be individually liable to the corporation or its stockholders unless it is proven that (a) the presumption
established in Section 78.138(3) is rebutted and (b) the director’s or officer’s acts or omissions constituted a breach of
his or her fiduciary duties, and (c) such breach involved intentional misconduct, fraud or a knowing violation of the law.
Section 78.7502 of the NRS permits a Nevada corporation
to indemnify its directors and officers against expenses, judgments, fines, and amounts paid in settlement actually and reasonably incurred
in connection with a threatened, pending, or completed action, suit, or proceeding, except an action by or on behalf of the corporation,
if the officer or director (i) is not liable pursuant to NRS 78.138, or (ii) acted in good faith and in a manner the officer or director
reasonably believed to be in or not opposed to the best interests of the corporation and, if a criminal action or proceeding, had no reasonable
cause to believe the conduct of the officer or director was unlawful. Section 78.751 of the NRS also requires a corporation to indemnify
its officers and directors if they have been successful on the merits or otherwise in defense of any claim, issue, or matter resulting
from their service as a director or officer.
Section 78.751 of the NRS also permits a Nevada corporation
to indemnify its officers and directors against expenses incurred by them in defending a civil or criminal action, suit, or proceeding
as they are incurred and in advance of final disposition thereof, upon receipt of an undertaking of the director or officer to repay the
amount if it is ultimately determined by a court of competent jurisdiction that the director or officer is not entitled to be indemnified
by the corporation. The articles of incorporation, the bylaws or an agreement made by the corporation may require the corporation to pay
such expenses upon receipt of such an undertaking. Section 78.751 of the NRS further permits the corporation to grant its directors and
officers additional rights of indemnification under its articles of incorporation, bylaws or other agreement.
Section 78.752 of the NRS provides that a Nevada corporation
may purchase and maintain insurance or make other financial arrangements on behalf of any person who is or was a director, officer, employee
or agent of the corporation, or is or was serving at the request of the corporation as a director, officer, employee or agent of another
company, partnership, joint venture, trust or other enterprise, for any liability asserted against him and liability and expenses incurred
by him in his capacity as a director, officer, employee or agent, or arising out of his status as such, whether or not the corporation
has the authority to indemnify him against such liability and expenses.
Our Articles of Incorporation and bylaws implement
the indemnification and insurance provisions permitted by Chapter 78 of the NRS by providing that:
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· |
We shall indemnify our directors and officers to the fullest extent permitted by the NRS against expense, liability and loss reasonably incurred or suffered by them in connection with their service as an officer or director; |
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· |
We are required to advance expenses to our directors and officers upon receipt of an undertaking to repay the amount if it is ultimately determined that the director or officer is not entitled to be indemnified; and |
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· |
We may purchase and maintain insurance, or make other financial arrangements, on behalf of any person who holds or who has held a position as a director, officer, or representative against liability, cost, payment, or expense incurred by such person. |
| ITEM 7. | EXEMPTION FROM REGISTRATION CLAIMED |
Not applicable.
The following exhibits are hereby filed as part of
this Registration Statement:
| Exhibit |
|
|
| Number |
|
Description of Document |
| 4.3 |
|
Specimen Certificate representing shares of Class A Common Stock (incorporated by reference to Exhibit 4.1 to the Registrant’s registration statement on Form S-1 filed on April 26, 2019). |
| 4.4 |
|
BioVie Inc. 2019 Omnibus Equity Incentive Plan,
amended and restated through November 10, 2025 (incorporated by reference to Appendix A to the Registrant‘s Proxy Statement
filed on September 25, 2025). |
| 5.1 |
|
Opinion of Fennemore Craig, P.C.* |
| 23.1 |
|
Consent of EisnerAmper LLP, Independent Registered
Public Accounting Firm.* |
| 23.2 |
|
Consent of Fennemore Craig, P.C. (included in Exhibit 5.1)* |
| 24.1 |
|
Power of Attorney (included on signature page) |
| 107 |
|
Filing Fee Table* |
*Filed herewith.
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(a) |
The undersigned Registrant hereby undertakes: |
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(1) |
To file, during any period in which offers or sales are being made, a post-effective amendment to this Registration Statement: |
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(i) |
To include any prospectus required by Section 10(a)(3) of the Securities Act of 1933; |
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(ii) |
To reflect in the prospectus any facts or events arising after the effective date of this Registration Statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the Registration Statement; |
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(iii) |
To include any material information with respect to the plan of distribution not previously disclosed in this Registration Statement or any material change to such information in this Registration Statement; |
provided, however, that paragraphs (a)(1)(i) and (a)(1)(ii)
of this section do not apply if the information required to be included in a post-effective amendment by those paragraphs is contained
in reports filed with or furnished to the Commission by the Registrant pursuant to Section 13 or Section 15(d) of the Exchange
Act that are incorporated by reference in this Registration Statement.
| |
(2) |
That, for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof. |
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(3) |
To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering. |
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(b) |
The undersigned Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of the Registrant’s annual report pursuant to Section 13(a) or Section 15(d) of the Exchange Act (and, where applicable, each filing of an employee benefit plan’s annual report pursuant to Section 15(d) of the Exchange Act) that is incorporated by reference in this Registration Statement shall be deemed to be a new registration statement relating to the securities offered herein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof. |
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(c) |
Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the Commission such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue. |
SIGNATURES
Pursuant to the requirements of the Securities Act,
the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has
duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Carson City, Nevada
on November 25, 2025.
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BIOVIE INC. |
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|
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By: |
/s/ Cuong Do |
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|
Name: |
Cuong Do |
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|
Title: |
Chief Executive Officer |
POWER OF ATTORNEY
Each person whose signature appears
below constitutes and appoints Cuong Do and Joanne Wendy Kim, and each of them acting individually and without the other, as his or her
true and lawful attorneys-in-fact and agents, with full power of substitution and re-substitution, for him or her and in his or her name,
place, and stead, in any and all capacities, to sign any and all amendments (including post-effective amendments, exhibits thereto and
other documents in connection therewith) to this Registration Statement, and to file the same, with all exhibits thereto, and other documents
in connection therewith, with the Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority
to do and perform each and every act and thing requisite and necessary to be done in and about the premises, as fully to all intents and
purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, or either
of them individually, or their or his substitute or substitutes, may lawfully do or cause to be done by virtue hereof.
Pursuant to the requirements of the Securities Act,
this Registration Statement has been signed below by the following persons in the capacities and on November 25, 2025.
| Signature |
|
Title |
| |
|
| /s/ Cuong Do |
Chief Executive Officer, Director |
| Cuong Do |
|
(principal executive officer) |
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|
| /s/ Joanne Wendy Kim |
|
Chief Financial Officer |
| Joanne Wendy Kim |
|
(principal financial and accounting officer) |
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|
| /s/ Jim Lang |
|
Chairman |
| Jim Lang |
|
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|
| /s/ Amy Chappell |
|
Director |
| Amy Chappell |
|
|
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|
| /s/ Kameel Farag |
|
Director |
| Kameel Farag |
|
|
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|
|
| /s/ Sigmund Rogich |
|
Director |
| Sigmund Rogich |
|
|
| |
|
|
| /s/ Michael Sherman |
|
Director |
| Michael Sherman |
|
|
