Company: BAYAU
Filing Date: 2025-04-01
Form Type: 10-K
Source: 0001641172-25-002125
Chunk: 202

Company: Bayview Acquisition Corp
Filing Date: 2025-04-01
Form: 10-K
Item: Item 1A
Chunk 202
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compete with respect to the acquisition of certain target businesses that are sizable will be limited by our available financial resources.
This inherent competitive limitation gives others an advantage in pursuing the acquisition of certain target businesses.

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Furthermore,
because we are obligated to pay cash for the Ordinary Shares which our public shareholders redeem in connection with our initial business
combination, target companies will be aware that this may reduce the resources available to us for our initial business combination.
This may place us at a competitive disadvantage in successfully negotiating a business combination. If we are unable to complete our
initial business combination, our public shareholders may receive only approximately $10.00 per share, or less in certain circumstances,
on the liquidation of our trust account and our Rights will expire worthless. In certain circumstances, our public shareholders may receive
less than $10.00 per share upon our liquidation. See “— If third parties bring claims against us, the proceeds held in
the trust account could be reduced and the per-share redemption amount received by shareholders may be less than $10.00 per share”
and other risk factors in this section.

If
the net proceeds of the IPO and the sale of the Private Placement Units not being held in the trust account are insufficient to allow
us to operate for at least the next 18 months from the closing of the IPO, we may be unable to complete our initial business combination, in which
case our public shareholders may only receive $10.00 per share, or less than such amount in certain circumstances, and our Rights will
expire worthless.

The
funds available to us outside of the trust account may not be sufficient to allow us to operate for at least the next 18 months from the
closing of the IPO, assuming that our initial business combination is not completed during that time. We believe that, upon the closing of the IPO,
the funds available to us outside of the trust account will be sufficient to allow us to operate for at least the next 18 months from
the closing of the IPO; however, we cannot assure you that our estimate is accurate. Of the funds available to us, we could use a portion of the
funds available to us to pay fees to consultants to assist us with our search for a target business. We could also use a portion of the
funds as a down payment or to fund a “no-shop” provision (a provision in letters of intent or merger agreements designed
to keep target businesses from “shopping” around for transactions with other companies on