Company: BAYAU
Filing Date: 2025-04-01
Form Type: 10-K
Source: 0001641172-25-002125
Chunk: 126

Company: Bayview Acquisition Corp
Filing Date: 2025-04-01
Form: 10-K
Item: Item 1
Chunk 126
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 become subject to
regulation under the Investment Company Act, including a proposed rule that would provide SPACs a safe harbor from treatment as an investment
company if they satisfy certain conditions that limit a SPAC’s duration, asset composition, business purpose and activities. Certain
of the procedures that we, a Business Combination target, or others may determine to undertake in connection with the SPAC Rule Proposals,
or pursuant to the SEC’s views expressed in the SPAC Rule Proposals, may increase the costs of negotiating and completing a Business
Combination and the time required to consummate a transaction, and may constrain the circumstances under which we could complete a Business
Combination. The need for compliance with the SPAC Proposed Rules may cause us to liquidate the funds in the Trust Account at an earlier
time than we might otherwise choose. Were we to liquidate, our shareholders would lose the investment opportunity associated with an
investment in the combined company, including any potential price appreciation of our securities.

The
SEC has adopted new rules relating to certain activities of SPACs. Certain of the procedures that we, a potential business combination
target or others may determine to undertake in connection with such rules may increase our costs and the time needed to complete our
initial business combination and may constrain the circumstances under which we could complete an initial business combination. The need
for compliance with the SPAC Final Rules may cause us to liquidate the funds in the trust account or liquidate at an earlier time than
we might otherwise choose.

On
January 24, 2024, the SEC issued new rules (the “SPAC Final Rules”), effective as of July 1, 2024, that formally adopted
some of the proposed rules for SPACs that were released on March 30, 2022, relating, among other things, to disclosures in SEC filings
in connection with initial public offerings by SPACs; business combination transactions between SPACs such as us and private operating
companies; the financial statement requirements applicable to transactions involving shell companies; the use of projections by SPACs
in SEC filings in connection with proposed business combination transactions; the potential liability of certain participants in proposed
business combination transactions; and the extent to which SPACs could become subject to regulation under the Investment Company Act.
Certain of the procedures that we, a potential business combination target, or others may determine to undertake in connection with the
SPAC Final Rules, or pursuant to the SEC’s views expressed in the SPAC Final