Company: BAYAU
Filing Date: 2025-05-02
Form Type: PRE 14A
Source: 0001641172-25-008370
Chunk: 11

Company: Bayview Acquisition Corp
Filing Date: 2025-05-02
Form: PRE 14A
Chunk 11
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. 2—Trust Agreement Amendment Proposal—Resolved that Bayview’s investment management trust agreement, dated as of December 14, 2023 (as amended, the “ Trust Agreement”), by and between the Company and Equiniti Trust Company, LLC (the “ Trustee”) be amended to allow the Company to extend the termination date from June 19, 2025 up to six (6) times, with all six (6) extensions comprised of one month each, to December 19, 2025 (i.e., for a period of time ending up to 24 months after the consummation of its initial public offering) by providing five (5) days’ advance notice to the Trustee prior to the applicable Termination Date and depositing into the trust account (the “ Trust Account”), $60,000 for each month in an Extension (the “ Extension Payment”) until December 19, 2025 pursuant to an amendment to the Trust Agreement in the form set forth in Annex A of the accompanying Proxy Statement (the “ Trust Agreement Amendment Proposal”); and

Proposal No. 3—Adjournment Proposal— Resolved as an ordinary resolution that the chairman of the Extraordinary General Meeting be directed to adjourn the Extraordinary General Meeting to a later date or dates, if necessary, to permit further solicitation and vote of proxies if, based upon the tabulated vote at the time of the Extraordinary General Meeting, there are not sufficient votes to approve the Extension Amendment Proposal, the Trust Agreement Amendment Proposal or to provide additional time to effectuate the Extension, the Extension Amendment and the Trust Agreement Amendment (the “ Adjournment Proposals”).

Each of the Extension Amendment Proposal, the Trust Agreement Amendment Proposal and the Adjournment Proposal is more fully described in the accompanying Proxy Statement. Please take the time to read carefully each of the proposals in the accompanying Proxy Statement before you vote. Approval of the Extension Amendment Proposal and the Trust Agreement Amendment Proposal are conditions to the implementation of the Extension and Extension Amendment. Pursuant to the Existing Charter, we may not redeem Public Shares in an amount that would cause our net tangible assets (after payment of the deferred underwriting commissions) to be less than $5,000,001, which condition may not be waived by the board of directors (the “ Board”). Notwithstanding the foregoing, even if the Extension Amendment Proposal and the Trust Agreement Amendment Proposal are approved, we may nevertheless choose not to hold the Extraordinary General Meeting or not to amend the Existing Charter and