New 8.4% BioVie (NASDAQ: BIVI) stake sits entirely in warrants
Rhea-AI Filing Summary
BIOVIE INC. (BIVI) is reported to have a significant shareholder, Alta Partners LLC, which has filed a Schedule 13G indicating beneficial ownership of 687,321 shares of Class A Common Stock, all issuable upon exercise of warrants.
Alta Partners LLC reports this position as representing 8.4% of the outstanding Class A Common Stock, with sole voting and sole dispositive power over all 687,321 shares and no shared voting or dispositive power.
Positive
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Key Figures
Beneficially owned shares: 687,321 shares
Percent of class: 8.4%
Sole voting power: 687,321
+3 more
6 metrics
Beneficially owned shares
687,321 shares
Class A Common Stock issuable upon exercise of warrants reported by Alta Partners LLC
Percent of class
8.4%
Percentage of BioVie Inc. Class A Common Stock beneficially owned by Alta Partners LLC
Sole voting power
687,321
Shares for which Alta Partners LLC has sole power to vote or direct the vote
Shared voting power
0
Shares for which Alta Partners LLC has shared power to vote or direct the vote
Sole dispositive power
687,321
Shares for which Alta Partners LLC has sole power to dispose or direct the disposition
Shared dispositive power
0
Shares for which Alta Partners LLC has shared power to dispose or direct the disposition
Key Terms
Schedule 13G, beneficially owned, Sole power to vote or to direct the vote, dispositive power
4 terms
Schedule 13G regulatory
"Alta Partners LLC has filed a Schedule 13G indicating beneficial ownership"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
beneficially owned financial
"Amount beneficially owned: 687,321 shares, representing shares issuable upon exercise"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole power to vote or to direct the vote financial
"Number of shares as to which the person has Sole power to vote or to direct"
dispositive power financial
"Sole power to dispose or to direct the disposition of: 687,321"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
FAQ
What percentage of BioVie Inc. (BIVI) does Alta Partners LLC report owning on this Schedule 13G?
Alta Partners LLC reports beneficial ownership of 8.4% of BioVie Inc.’s Class A Common Stock. This stake corresponds to 687,321 shares issuable upon exercise of warrants, giving Alta Partners LLC a meaningful, but non-controlling, position in BIVI.
Who signed the Schedule 13G reporting Alta Partners LLC’s holdings in BioVie Inc. (BIVI)?
The Schedule 13G was signed by Steven Cohen, identified as the Managing Member of Alta Partners LLC. His signature on the filing certifies the reported beneficial ownership information regarding BioVie Inc.’s Class A Common Stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.