Latest news with #CarsonCity
Yahoo
4 days ago
- Business
- Yahoo
BioVie Inc. Announces Pricing of $12 Million Public Offering
CARSON CITY, Nev., Aug. 07, 2025 (GLOBE NEWSWIRE) -- BioVie Inc. (NASDAQ: BIVI, BIVIW), ('BioVie' or the 'Company'), a clinical-stage company developing innovative drug therapies to treat chronic debilitating conditions including liver disease and neurological and neuro-degenerative disorders, today announced the pricing of its underwritten public offering of 6,000,000 units, with each unit consisting of one share of common stock and one warrant (the 'Warrants') (or pre-funded units in lieu thereof, with each pre-funded unit consisting of one pre-funded warrant (the 'Pre-Funded Warrants') and one Warrant). Each unit is being sold to the public at a price of $2.00 per unit (and each pre-funded unit is being sold to the public at the public offering price of each unit less the $0.0001 per share nominal exercise price for each Pre-Funded Warrant). The gross proceeds to the Company from this offering are expected to be approximately $12 million, before deducting underwriting discounts and commissions and other estimated offering expenses. The Warrants included in the units and pre-funded units have been approved for listing on the Nasdaq Capital Market and are expected to commence trading under the symbol 'BIVIW' on August 8, 2025. Each Warrant will be immediately exercisable, will entitle the holder to purchase one share of common stock at an exercise price of $2.50 per share and will expire five years from the date of issuance. Each Pre-Funded Warrant will be immediately exercisable, will entitle the holder to purchase one share of common stock and may be exercised at any time until exercised in full. The common stock (or Pre-Funded Warrants in lieu thereof) and Warrants can only be purchased together in the offering but will be issued separately. The Company has granted the underwriter a 45-day option to purchase up to an additional 900,000 shares of common stock and/or Pre-Funded Warrants and/or Warrants, or any combination thereof, solely to cover over-allotments, if any, at the public offering price, less underwriting discounts and commissions. The Company intends to use the proceeds for working capital and general corporate purposes. The offering is expected to close on August 11, 2025, subject to satisfaction of customary closing conditions. ThinkEquity is acting as sole book-running manager for the offering. A registration statement on Form S-1, as amended (File No. 333-288525), relating to the securities was filed with the Securities and Exchange Commission ('SEC') and was declared effective on August 7, 2025. This offering is being made only by means of a preliminary prospectus forming a part of the registration statement and a final prospectus. The registration statement and the preliminary prospectus relating to the offering are available for free on the SEC's website at Copies of the final prospectus, when available, may be obtained from ThinkEquity, 17 State Street, 41st Floor, New York, New York 10004. The final prospectus will be filed with the SEC and will be available on the SEC's website located at This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About BioVie Inc. (NASDAQ: BIVI) is a clinical-stage company developing innovative drug therapies for the treatment of neurological and neurodegenerative disorders Alzheimer's disease (AD) and Parkinson's disease (PD) and LongCovid (LC) and advanced liver disease. In neurodegenerative disease, the Company's drug candidate bezisterim inhibits inflammatory activation of extracellular signal-regulated kinase and the transcription factor, Nuclear factor- kB, and the associated neuroinflammation and insulin resistance but not ERK and NFkB homeostatic functions (e.g., insulin signaling and neuron growth and survival). Both neuroinflammation and insulin resistance are drivers of AD and PD. Persistent systematic inflammation and neuroinflammation are key features in patients with neurological symptoms of Long liver disease, the Company's Orphan drug candidate BIV201 (continuous infusion terlipressin), with FDA Fast Track status, is being evaluated and discussed with guidance received from the FDA regarding the design of Phase 3 clinical testing of BIV201 for the reduction of further decompensation in participants with liver cirrhosis and ascites. The active agent is approved in the U.S. and in about 40 countries for related complications of advanced liver cirrhosis. For more information, visit Forward Looking StatementsThis press release contains forward-looking statements, which may be identified by words such as "expect," "look forward to," "anticipate" "intend," "plan," "believe," "seek," "estimate," "will," "project" or words of similar meaning. Although BioVie Inc. believes such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained. Actual results may vary materially from those expressed or implied by the statements herein and are subject to a variety of risks and uncertainties, including but not limited to: expectations regarding the completion of the proposed offering; the Company's ability to successfully raise sufficient capital on reasonable terms or at all; available cash on hand and contractual and statutory limitations that could impair our ability to pay future dividends; our ability to complete our pre-clinical or clinical studies and to obtain approval for our product candidates; our ability to successfully defend potential future litigation; and changes in local or national economic conditions. Various additional risks, many of which are now unknown and generally out of the Company's control, are detailed from time to time in reports filed by the Company with the SEC, including annual reports on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K. BioVie Inc. does not undertake any duty to update any statements contained herein (including any forward-looking statements), except as required by law. For Investor Relations Inquiries: Chuck Padala Managing Director, Investor Relations chuck@ For Media Relations Inquiries: Melyssa Weible Managing Partner, Elixir Health Public Relations mweible@
Yahoo
27-06-2025
- Business
- Yahoo
Plumber Wants To Leave Portland, Oregon And His Wife Behind To Start A Business. He Asks 'The Ramsey Show,' Would That Make Me A Bad Husband?
A young plumber named Camron called into 'The Ramsey Show' with a tough question: Would it make him a bad husband to move away from his wife so he could start a business in his hometown? He's burned out in Portland, Oregon, and wants to return to Carson City, Nevada, where he already has his plumbing license, an LLC, and a network of contacts. His wife, however, is in graduate school to become a physician assistant and has about 18 months left, most of it clinical rotations that could send her across the country. Don't Miss: GoSun's breakthrough rooftop EV charger already has 2,000+ units reserved — become an investor in this $41.3M clean energy brand today. Invest early in CancerVax's breakthrough tech aiming to disrupt a $231B market. Back a bold new approach to cancer treatment with high-growth potential. Camron admitted his wife isn't on board with the plan. 'She's not a huge fan of the idea,' he said. That alone was enough for co-host Ken Coleman to shut it down. 'You called, I'm going to shoot you really straight. That's what you want, correct?' Coleman asked. 'I think this is a horrible idea.' Coleman gave three reasons. First, the relationship is key, and his wife is clearly not comfortable with the idea. Second, plumbers are in high demand everywhere, so he could easily start a business where he lives now. And third, her future location is unknown, meaning he could set up in Carson City only for her to get a job somewhere far away. 'Starting the business somewhere else in your hometown to escape some difficult people is not the right solution,' Coleman said. 'I just don't think you've thought it through because I think there's a lot of emotion there.' He also emphasized that burnout, while real, shouldn't drive a major life decision that could strain a marriage. Instead, Coleman suggested that Camron use his existing skills to build something locally, where he could stay close to his wife and still pursue self-employment. Trending: This Jeff Bezos-backed startup will allow you to become a landlord in just 10 minutes, with minimum investments as low as $100. Then Camron mentioned something that made both hosts react even more strongly. 'How long have you guys been married?' co-host Rachel Cruze asked. 'Friday will be our one-year anniversary,' Camron replied. 'Oh dude, oh no. Don't do this,' Cruze said. 'This is an absolute nuclear no way.' 'Suck it up,' Coleman added. Cruze explained that marriage, especially in its early years, requires unity and shared decisions. She pointed out that once his wife is finished with school, they can decide together where to live, and he can still pursue his business dreams. 'Someone in the medical field and a plumber? Y'all are going to make a lot of money,' Cruze said. She encouraged Camron to consider this short period as a foundation-building time. Instead of focusing on what he's missing in Portland, he could prepare for the future by gaining experience, saving money, and building stability as a couple. Their bottom line of the call is to stay put, stick together, and start the business later, together. See Next: $100k in assets? Maximize your retirement and cut down on taxes: Schedule your free call with a financial advisor to start your financial journey – no cost, no obligation. Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." Here's how you can earn passive income with just $ Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article Plumber Wants To Leave Portland, Oregon And His Wife Behind To Start A Business. He Asks 'The Ramsey Show,' Would That Make Me A Bad Husband? originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Sign in to access your portfolio
Associated Press
13-06-2025
- Climate
- Associated Press
Officials brace for fire season as Nevada is ‘abnormally dry'
'Don't say this is going to be the worst fire season,' Nevada Gov. Joe Lombardo jokingly told State Forester and Fire Warden Kacey KC at a June 10 wildfire briefing in Carson City. 'You say that every year.' KC smiled in reply, but her cautious forecast for the coming fire season didn't quite comply with the governor's request. The state is 'abnormally dry for this time of year,' she told him, primarily because of minimal snow at lower elevations during the winter followed by a warm spring that rapidly melted the snowpack at higher elevations. The annual briefing, focused on updating the governor and his staff on the state's coming wildfire season, brought together a conglomeration of agencies and groups, including the U.S. Forest Service, Bureau of Land Management, Nevada National Guard and city, county and tribal representatives. Despite dry conditions, officials are optimistic about their ability to respond to whatever happens, touting interagency cooperation and well-executed emergency responses last year that will serve as models for the coming season. A healthy dose of one-time state and federal funding was also a cause for optimism. But that same day, two fires broke out in the Reno-Sparks area. One, a small brush fire in North Reno, was quickly contained, but a second blaze, the more than 115-acre Marie Fire in Spanish Springs north of Reno, prompted evacuations. And, with early drought conditions settling in over the drying state, it has the potential to be a long fire season. 'There's no department — state, federal or local — that can mitigate a significant emergency on their own,' Reno Fire Department Chief Dave Cochran said. 'We need that collaboration and cooperation.' 'An active summer' Roughly 150 fires have burned more than 600 acres so far this year, KC said, and they are making 'bigger runs than we would expect at this time.' The state has already received about half of its average number of fire-related calls, Eric Antle, deputy administrator at the Nevada Division of Forestry (NDF), said at a June 4 wildfire event focusing on Reno, although the fire season hasn't really started yet. That heavy number of calls reflects that half of the state is already experiencing drought conditions. At this time last year, just 1 percent of the state was in drought. Much of the state's lower elevations saw little to no snow during the winter. Last year's cheatgrass, an invasive and highly flammable weed found across much of the state, was never tamped down, and a second crop of cheatgrass is springing up this year. Two years of cheatgrass, as well as other dry fuels, are a concern and will lead to above normal wildfire potential for Southern and western Nevada, according to Jim Wallmann, meteorologist for National Interagency Coordination Center Predictive Services. The conditions, he said, recall those of 2006, when two consecutive years of heavy grass crops led to well over 1 million acres burning in the state. 'We're seeing the same signs,' he said at a June 3 webinar focusing on drought and fire conditions. The state's largest fire season was 1999, when 1.8 million acres burned. In an average fire year, Nevada sees about 450,000 acres burn. Wildfire concerns are expected to slow in Southern Nevada in mid to late July with the arrival of the area's monsoons. But, as the danger lessens in the south, it will increase in the rest of the state. 'Expect an active summer, kind of moving from the southwest up into California (then) Nevada as we head into the summer,' Wallmann said. Davis Fire response 'is the model' Despite issuing a record number of vetoes, Lombardo signed two bills from this session expected to help the state's firefighting efforts: AB578, appropriating $6 million to the Nevada Division of Forestry for projects through the state's shared stewardship agreement, and SB19, authorizing the state to enter into two interstate wildfire compacts, easing the state's ability to transfer resources during an emergency. The $6 million allocation is the first time the state has invested in wildfire prevention work in nearly a decade, KC said, and could allow the state to unlock about $150 million in federal funds. NDF was also recently awarded $45.5 million in federal funds for projects along the Sierra Front and around Elko in areas that experience frequent fires. Last year, 760 fires in Nevada burned more than 103,000 acres; nearly two-thirds of those were started by people, including the Davis Fire, which destroyed 13 structures in South Reno in September. Officials at the governor's briefing highlighted the unified response to the Davis Fire as a model for future emergencies. The fire was one of the first to involve the state's Division of Emergency Management and to utilize personnel from Southern Nevada who, while not qualified to fight wildland fire, were able to backfill Truckee Meadows Fire positions while those wildland fire-trained crews battled the Davis blaze. The Davis Fire response was 'seamless,' said John Stansfield, Humboldt Toiyabe National Forest supervisor. 'That is the model. In order to be successful this year, that's how we have to keep doing things.' NV Energy wildfire self-insurance policy As wildfire season ramps up, NV Energy is poised to begin hearings with state energy regulators on its request to create a $500 million self-insurance policy to increase the utility's liability insurance coverage limits in the case of a catastrophic wildfire that is alleged to have been caused by its equipment. The increase would bring the utility's total coverage to roughly $1 billion. It would also increase the monthly bill for Northern Nevada customers; according to the utility, the average residential customer would see their bill go up by $2.42 if the utility's request is approved. In Southern Nevada, customer bills would increase by just over 50 cents per month. If approved, the utility would begin collecting the funds in October, with collection occurring over the next decade. The utility is also seeking to recover roughly $55 million in expenses it has already spent on wildfire mitigation work, including vegetation management, implementing planned outages and equipment replacement. Northern Nevada customers would pay an additional $1.44 per month. At a June 11 public comment session before the state energy regulators, Tim Clausen, NV Energy's vice president of regulatory, said a self-funded insurance policy would 'protect customers' by avoiding significant and unexpected rate increases if a wildfire were to occur. Louis Renner of Sparks, a former California electric utility employee, told energy regulators funding wildfire insurance isn't the responsibility of ratepayers. 'If we're worried about the fires, increase the preventative maintenance … Do something that's proactive rather than just let's just keep throwing money at it,' he said. 'The only person that (the proposal) helps is NV Energy.' ___ This story was originally published by The Nevada Independent and distributed through a partnership with The Associated Press.
Washington Post
03-06-2025
- General
- Washington Post
Nevada's regular 2025 legislative session ends. Voter ID is among the key bills to pass
CARSON CITY, Nev. — Nevada lawmakers in the Democratic-controlled Legislature ended their 2025 regular session early Tuesday after a flurry of final day action. Republican Gov. Joe Lombardo is expected to take action by next week on the hundreds of bills that passed . The first-term governor vetoed a record 75 bills in 2023. Nevada lawmakers meet every other year in odd years.
The Independent
03-06-2025
- Business
- The Independent
Nevada's regular 2025 legislative session ends. Voter ID is among the key bills to pass
Nevada lawmakers in the Democratic-controlled Legislature ended their 2025 regular session early Tuesday after a flurry of final day action. Republican Gov. Joe Lombardo is expected to take action by next week on the hundreds of bills that passed. The first-term governor vetoed a record 75 bills in 2023. Nevada lawmakers meet every other year in odd years. Ahead of the session, Lombardo had urged the Legislature to put politics aside and come together to find solutions for such issues as affordable housing and education. Some of his major bills failed, including a wide-ranging bill that would have created stiffer penalties for certain crimes, but he won in other areas including elections and education. Here is a look at some of the notable bills that passed and failed during this year's 120-day session in Carson City. ELECTIONS VOTER ID AND MORE BALLOT BOXES: Signaling a major compromise, lawmakers passed a bill on the final day of the session that revived Democrats ' vetoed effort to add more mail ballot drop boxes around the state ahead of an election in exchange for new voter ID requirements that Lombardo supports. It marks a significant shift for Nevada Democrats, who have long opposed GOP-led efforts to require photo identification from voters at the polls and comes on the heels of voters in November passing a voter ID ballot measure. It would have to pass again in 2026 in order to amend the state constitution. PRIMARY ELECTIONS FOR NONPARTISAN VOTERS: A week before the session ended, Yeager introduced a bill as an emergency request that would allow nonpartisan voters to cast a ballot in Republican or Democratic primary elections, excluding presidential primaries. It passed. Voters registered as nonpartisan outnumber both major parties in the swing state. The bill is different from the effort voters rejected in November that would have implemented open primaries and ranked-choice voting for all voters. EDUCATION TEACHER RAISES: Lawmakers in both chambers overwhelmingly approved a bill that includes pay raises for teachers at charters schools. Lombardo had said he would not approve the state's education budget if it left out raises for charter school teachers, which Assembly Speaker Steve Yeager, a Democrat, then added to the bill. SCHOOL POLICE USE OF FORCE: The proposal approved by lawmakers would require the Clark County School District's police department to make public its data on officer use of force, including the use of stun guns, batons and pepper spray. The school district is the fifth-largest in the nation and has its own police department. HOUSING 'ATTAINABLE' HOUSING: Lombardo's bill aimed at expanding affordable housing, one of his top priorities this session, would allocate $133 million in state funds for housing projects for what he calls the 'missing middle" who can't afford to buy a home but don't currently qualify for affordable housing. It passed. RENTER PROTECTIONS: A handful of bills aimed at expanding protections for renters passed on party lines. They include a proposal that would create a pilot program capping rent prices for seniors for a year, and another that would allow tenants to quickly file legal complaints against landlords for unsafe living conditions like broken air conditioning or broken locks. HEALTH AND PUBLIC SAFETY CRIMINAL PENALTIES: The governor, who was a longtime police officer and the former elected sheriff in Las Vegas, had vowed ahead of the session to crack down on crime. But his crime bill failed after last-minute changes were added and lawmakers ran out of time Monday night. It would have created stiffer penalties for certain crimes, including 'smash-and-grab' retail thefts and violent crimes against hospitality workers, a newly designated protected class under the proposal. OTHER ISSUES FILM TAX CREDITS: The closely watched bill backed by Sony Pictures and Warner Bros. Entertainment failed. It would have given massive tax credits aimed at bringing film production to southern Nevada, including a 31-acre film studio in an affluent neighborhood west of the Las Vegas Strip. A similar bill failed in 2023. DEFINING ANTISEMITISM: Lawmakers approved a bill that creates a definition of antisemitism for state-led investigations into discrimination in housing, employment and other accommodations. It passed, but sparked a debate because some thought the definition was too broad and could limit free speech criticizing Israel. STATE LOTTERY: The proposal, backed by the powerful Culinary Workers Union that represents 60,000 hotel and casino workers, would have ended Nevada's longstanding ban on lotteries. It failed after the Legislature's first major deadline in April.
