Company: BAYAU
Filing Date: 2025-04-01
Form Type: 10-K
Source: 0001641172-25-002125
Chunk: 218

Company: Bayview Acquisition Corp
Filing Date: 2025-04-01
Form: 10-K
Item: Item 1A
Chunk 218
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 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 face significant material
adverse consequences, including:

    ●
    a
    limited availability of market quotations for our securities;

    ●
    reduced
    liquidity for our securities;

    ●
    a
    determination that our Ordinary Shares is a “penny stock” which will require brokers trading in our Ordinary Shares to
    adhere to more stringent rules and possibly result in a reduced level of trading activity in the secondary trading market for our
    securities;

    ●
    a
    limited amount of news and analyst coverage; and

    ●
    a
    decreased ability to issue additional securities or obtain additional financing in the future.

The
National Securities Markets Improvement Act of 1996, which is a federal statute, prevents or preempts the states from regulating the
sale of certain securities, which are referred to as “covered