Company: BAYAU
Filing Date: 2025-05-12
Form Type: DEF 14A
Source: 0001641172-25-009766
Chunk: 39

Company: Bayview Acquisition Corp
Filing Date: 2025-05-12
Form: DEF 14A
Chunk 39
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 which the closing price of our Ordinary Shares equals or exceeds $12.50 per share (as adjusted for share splits,         
 share dividends, reorganizations and recapitalizations) for any 20 trading days within any 30-trading day period commencing after           
 our Business Combination and the remaining 50% of the Founder Shares and Private Placement Units (and underlying securities) may            
 not be transferred, assigned or sold until six months after the date of the consummation of our Business Combination, or earlier,           
 in either case, if, subsequent to our Business Combination, we consummate a subsequent liquidation, merger, stock exchange or other         
 similar transaction which results in all of our shareholders having the right to exchange their Ordinary Shares for cash, securities        
 or other property. The Sponsors and Bayview’s directors and officers own the Private Placement Units. If the Extension Amendment            
 Proposal is not approved and the Company liquidates without completing its Business Combination before the Termination Date, the            
 securities underlying the Private Placement Units will be worthless.                                                                        |
| ● | Our                                                                                                                                         
 Sponsors has agreed that it will be liable to us if and to the extent any claims by a third party for services rendered or products         
 sold to us, or by a prospective target business with which we have discussed entering into a transaction agreement, reduce the amount       
 of funds in the Trust Account to below (i) $10.00 per Public Share or (ii) such lesser amount per public share held in the Trust            
 Account as of the date of the liquidation of the Trust Account due to reductions in the value of the trust assets, in each case net         
 of the interest which may be withdrawn to pay taxes. This liability will not apply with respect to any claims by a third party who          
 executed a waiver of any and all rights to seek access to the Trust Account and except as to any claims under our indemnity of the          
 underwriters of the IPO against certain liabilities, including liabilities under the Securities Act.                                        |
| ● | The                                                                                                                                         
 Existing Charter contains a waiver of the corporate opportunity doctrine, and there could have been Business Combination targets            
 that have been appropriate for a combination with Bayview but were not offered due to a Bayview director’s duties to another                
 entity. Bayview does not believe that the waiver of the corporate opportunity doctrine in its Existing Charter interfered with its          
 ability to identify an acquisition target.                                                                                                  |

Additionally, if the Extension Amendment Proposal and the Trust Agreement Amendment Proposal are approved and Bayview consummates an