Company: BAYAU
Filing Date: 2025-04-01
Form Type: 10-K
Source: 0001641172-25-002125
Chunk: 118

Company: Bayview Acquisition Corp
Filing Date: 2025-04-01
Form: 10-K
Item: Item 1
Chunk 118
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 which may
adversely affect our financial condition and results of operations.

If
we acquire a PRC domestic company, we or the owners of such company, as the case may be, may not obtain the necessary approvals or complete
the necessary filings and registrations required by the foreign exchange regulations. This may restrict our ability to implement our
acquisition strategy and could adversely affect our business and prospects.

Because
a majority of our executive officers and directors are located in or have significant ties to the PRC, you may face difficulties in protecting
your interests, and your ability to protect your rights through the U.S. Federal courts may be limited.

Our
Chairperson of the Board, Yuk Man Lau, is a resident of Hong Kong and one of our directors, Guohan Li, is a resident of mainland China.
As a result, legal claims against us or our executive officers and directors may be difficult or impossible for investors to pursue in
U.S. courts. Moreover, even if an investor obtains a judgment in a U.S. court against one of our directors or officers, the investor
may be unable to enforce such judgment on these directors and officers. It will equally be difficult to effect service of process upon
us or those persons inside the PRC. PRC courts may only recognize and enforce foreign judgments in accordance with the requirements of
the PRC Civil Procedures Law based either on treaties between the PRC and the country where the judgment is made or on principles of
reciprocity between jurisdictions. This is reflected in a number of bilateral treaties signed by the PRC, which provide that lack of
jurisdiction of the judgment court can be a ground for refusal. Further, a foreign judgment cannot be recognized and enforced in the
PRC if a Chinese court has rendered a judgment on the same subject matter or recognized and enforced another foreign judgment or arbitral
award on the same subject matter. In addition, according to the PRC Civil Procedures Law, the PRC courts will not enforce a foreign judgment
against us or our directors and officers if they decide that the judgment violates the basic principles of PRC laws or national sovereignty,
security, or public interest. The PRC has no treaties or other forms of written arrangement with the United States that provide for the
reciprocal recognition and enforcement of foreign judgments. As a result, it may be difficult for investors to effect service of process
within the United States upon us or our executive officers or directors who are residents of the PRC, or to enforce judgments in