Company: BAYAU
Filing Date: 2025-04-01
Form Type: 10-K
Source: 0001641172-25-002125
Chunk: 397

Company: Bayview Acquisition Corp
Filing Date: 2025-04-01
Form: 10-K
Item: Item 1B
Chunk 397
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 Cash 
    $93,620  
     582,308 
  
    Prepaid expenses 
     31,347  
     72,014 
  
    Total
    Current Assets 
     124,967  
     654,322 
  
    Prepaid expenses – non-current 
     -  
     29,677 
  
    Investments
    held in trust account 
     39,582,820  
     60,107,055 
  
    Total
    Assets 
    $39,707,787  
     60,791,054 

    LIABILITIES
    AND SHAREHOLDERS’ DEFICIT 

    Current liabilities: 

    Accrued
    expenses 
    $634,060  
     303,759 
  
    Promissory note – extension 
     500,000  
     - 
  
    Payable to target 
     86,833  
     - 
  
    Due to related party 
     60,000  
     10,000 
  
    Total
    Current Liabilities 
     1,280,893  
     313,759 
  
    Deferred
    underwriting commission payable 
     2,100,000  
     2,100,000 
  
    Total
    Liabilities 
     3,380,893  
     2,413,759 

    Commitments
    and contingencies (Note 6) 
     -   
     -  

    Ordinary shares subject to
    possible redemption (3,709,011 and 6,000,000 shares at redemption value of $10.67 and $10.00 as of December 31, 2024 and 2023, respectively) 
     39,582,820  
     60,107,055 

    Shareholders’
    Deficit: 

    Preferred shares, $0.0001
    par value; 2,000,000 shares authorized; none issued and outstanding 
     -  
     - 
  
    Ordinary
    shares, $0.0001 par
    value; 200,000,000 shares
    authorized; 1,732,500 and
    1,725,000 (1)
    shares issued and outstanding (excluding 3,709,011
    and