Company: BAYAU
Filing Date: 2025-04-01
Form Type: 10-K
Source: 0001641172-25-002125
Chunk: 4

Company: Bayview Acquisition Corp
Filing Date: 2025-04-01
Form: 10-K
Item: Item 1
Chunk 4
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 Shareholder. The Shareholder Support Agreement provides that the Supporting Shareholders will appear at shareholders meetings
of Oabay and vote, consent or approve the Merger Agreement and the Mergers, whether at a shareholder meeting of Oabay or by written consent.
It further provides that the Supporting Shareholders will vote against (or act by written consent against) any alternative proposals
or actions that would impede, interfere with, delay, postpone or adversely affect the consummation of the Mergers.

Concurrently
with the execution of the Merger Agreement, the Company entered into a support agreement (the “Sponsor Support
Agreement”) with certain holders (the “Initial Shareholders”) of the Founders Shares with respect to Founder
Shares currently owned by the Initial Shareholders. The Sponsor Support Agreement provides that the Initial Shareholders will appear
at shareholders meetings of the Company and vote, consent or approve the Merger Agreement and the Mergers, whether at a shareholder
meeting of the Company or by written consent. It further provides that the Initial Shareholders will vote against (or act by written
consent against) any alternative proposals or actions that would impede, interfere with, delay, postpone or adversely affect the
consummation of the Mergers.

Extraordinary
General Meeting

On
September 16, 2024, the Company held an extraordinary general meeting (the “Extraordinary General Meeting”) at which the
shareholders of the Company approved (i) a proposal to extend the date by which the Company must complete its initial business combination
from September 19, 2024 (the “Termination Date”) to June 19, 2025, with all nine (9) extensions comprised of one month each
(each an “Extension”) (the “Extension Amendment Proposal”) and (ii) a proposal to amend the Company’s investment
management trust agreement, dated December 14, 2023 by and between the Company and Equiniti Trust Company, LLC (the “Trustee”)
to allow the Company to extend the Termination Date up to nine (9) times, with all nine (9) extensions comprised of one month each from
the Termination Date to June 19, 2025 by providing five days’ advance notice to the Trustee prior to the applicable Termination
Date and depositing into the Trust Account $125,000 (the “Extension Payment”) for each month in an Extension until June 19,
2025 (the “Trust Agreement