Company: BAYAU
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001641172-25-024142
Chunk: 9

Company: Bayview Acquisition Corp
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 9
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 dated December 14, 2023 by and between the Company and Equiniti
Trust Company, LLC (the “Trustee”) to allow the Company to extend the Termination Date up to nine (9) times, with all
nine (9) extensions comprised of one month each from the Termination Date to June 19, 2025 by providing five days’ advance
notice to the Trustee prior to the applicable Termination Date and depositing into the Trust Account $125,000
for each month in an Extension until June 19, 2025 (the “2024 Trust Agreement Amendment Proposal”).

In
connection with the vote to approve the 2024 Extension Amendment Proposal and the 2024 Trust Agreement Amendment Proposal at the
Extraordinary General Meeting on September 16, 2024, the holders of 2,290,989
Ordinary Shares properly exercised their rights to redeem their shares for cash at a redemption price of approximately $10.39
per share, for an aggregate redemption amount of approximately $23,803,376.

On
June 17, 2025, the Company held another extraordinary general meeting virtually and in person, solely with respect to voting on (i)
the proposal to extend the date by which the Company must complete its initial business combination from June 19, 2025 up to six
times to December 19, 2025, with all six extensions comprised of one month each (the 2025 Extension Amendment Proposal”) and
(ii) the proposal to amend the Company’s investment management trust agreement, dated December 14, 2023 by and between the
Company and the Trustee to (a) allow the Company to extend the Termination Date up to six times from the Termination Date to
December 19, 2025 with all six extensions comprised of one month each by providing five days’ advance notice to the Trustee
and depositing into the Trust Account a payment of $100,000
per extension (the “Extension Payment”) until December 19, 2025 and (b) allow the Trustee to liquidate the Trust
Account if the Extension Payment is not deposited on time after the expiration of a 30-day cure period (the “2025 Trust Agreement Amendment Proposal”).

In
connection with the vote to approve the 2025 Extension Amendment Proposal and the 2025 Trust Agreement Amendment Proposal at the
Extraordinary General Meeting on June 17, 2025, the holders of