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The warrants will be immediately exercisable upon issuance for five years from the date of issuance.The company said it will sell the securities in the offering and plans to use the net proceeds for working capital and general corporate purposes.The sale is slated to be completed on Wednesday.Shares of the company were down 51% in recent Tuesday premarket activity.Price: 1.3700, Change: -1.43, Percent Change: -51.07","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK4139","BIVI"],"gpt_icon":0},{"id":"2469110488","title":"BRIEF-Biovie Inc. 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