Company: BAYAU
Filing Date: 2025-04-01
Form Type: 10-K
Source: 0001641172-25-002125
Chunk: 47

Company: Bayview Acquisition Corp
Filing Date: 2025-04-01
Form: 10-K
Item: Item 1
Chunk 47
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60 days from the date of the Registration Statement, unless the Financial
Industry Regulatory Authority (“FINRA”) determines that such payment would not be deemed underwriter compensation in connection
with the IPO. The underwriters are also entitled to receive deferred commissions and the Representative Units that are conditioned on
the completion of an initial business combination. These financial incentives may cause them to have potential conflicts of interest
in rendering any such additional services to us after the IPO, including, for example, in connection with the sourcing and consummation
of an initial business combination.

  25 

Risks
Related to Our Securities

NASDAQ
may delist our securities from trading on its exchange, which could limit investors’ ability to make transactions in our securities
and subject us to additional trading restrictions.

We
have been approved to have our Units listed on NASDAQ on or promptly after the date of the Registration Statement and our Ordinary Shares
and Rights listed on or promptly after their date of separation. Although after giving effect to the IPO we expect to meet, on a pro
forma basis, the minimum initial listing standards set forth in the NASDAQ listing standards, we cannot assure you that our securities
will continue to be listed on NASDAQ in the future or prior to our initial business combination. In order to continue listing our securities
on NASDAQ prior to our initial business combination, we must maintain certain financial, distribution and share price levels. Generally,
we must maintain a minimum amount in shareholders’ equity (generally $2,500,000) and a minimum number of holders of our securities
(generally 300 public holders). Additionally, in connection with our initial business combination, we will be required to demonstrate
compliance with NASDAQ’s initial listing requirements, which are more rigorous than NASDAQ’s continued listing requirements,
in order to continue to maintain the listing of our securities on NASDAQ. For instance, our share price would generally be required to
be at least $4.00 per share and our shareholders’ equity would generally be required to be at least $5.0 million and we would be
required to have a minimum of 300 round lot holders of our securities. We cannot assure you that we will be able to meet those initial
listing requirements at that time.

If
NASDAQ delists our securities from trading on its exchange and we are not able to list our securities on another national securities
exchange, we expect our securities could be quoted on an over-the-counter market. If this were to occur, we could