tiprankstipranks
Trending News
More News >

BioVie Approves Reverse Stock Split Authority

Story Highlights
  • BioVie Inc. stockholders approved a reverse stock split with a ratio of 1-for-5 to 1-for-10.
  • Stockholders also allowed adjournment of the meeting to gather more proxies if needed.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
BioVie Approves Reverse Stock Split Authority

Don’t Miss TipRanks’ Half-Year Sale

An update from BioVie ( (BIVI) ) is now available.

On June 23, 2025, BioVie Inc. held a special meeting of stockholders to consider two key proposals. The stockholders granted the board of directors the authority to effect a reverse stock split of the company’s common stock, with a ratio between 1-for-5 and 1-for-10, to be determined by the board within a year. Additionally, stockholders approved the discretionary authority to adjourn the meeting if necessary to solicit more proxies for the reverse stock split proposal.

The most recent analyst rating on (BIVI) stock is a Buy with a $6.00 price target. To see the full list of analyst forecasts on BioVie stock, see the BIVI Stock Forecast page.

Spark’s Take on BIVI Stock

According to Spark, TipRanks’ AI Analyst, BIVI is a Underperform.

BioVie faces significant financial challenges as it remains in the R&D phase with no revenue. The strong equity position offers some balance sheet support, but high cash burn and reliance on external financing are concerns. Technical indicators show bearish momentum, and valuation metrics reflect typical pre-revenue biotech risks. Overall, the stock is rated poorly due to these combined factors.

To see Spark’s full report on BIVI stock, click here.

More about BioVie

Average Trading Volume: 420,980

Technical Sentiment Signal: Strong Sell

Current Market Cap: $19.13M

For detailed information about BIVI stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1