Company: BAYAU
Filing Date: 2025-04-01
Form Type: 10-K
Source: 0001641172-25-002125
Chunk: 200

Company: Bayview Acquisition Corp
Filing Date: 2025-04-01
Form: 10-K
Item: Item 1A
Chunk 200
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 and as further described herein. In addition, if we are unable to complete an initial
business combination within 18 months from the closing of the IPO for any reason, compliance with Cayman Islands law may require that we submit a plan of dissolution to our
then-existing shareholders for approval prior to the distribution of the proceeds held in our Trust Account. In that case, public shareholders
may be forced to wait beyond the 18 months from the closing of the IPO before they receive funds from our trust account. In no other circumstances will a public shareholder
have any right or interest of any kind in the Trust Account. Accordingly, to liquidate your investment, you may be forced to sell your
Public Shares or Rights, potentially at a loss.

  16 

You
will not be entitled to protections normally afforded to investors of many other blank check companies.

Since
the net proceeds of the IPO and the sale of the Private Placement Units are intended to be used to complete an initial business combination
with a target business that has not been selected, we may be deemed to be a “blank check” company under the United States
securities laws. However, because we had net tangible assets in excess of $5,000,001 upon the successful completion of the IPO and the
sale of the Private Placement Units and filed a Current Report on Form 8-K, including an audited balance sheet demonstrating this fact,
we are exempt from rules promulgated by the SEC to protect investors in blank check companies, such as Rule 419. Accordingly, investors
will not be afforded the benefits or protections of those rules. Among other things, this means our Units are immediately tradable and
we will have a longer period of time to complete our business combination than do companies subject to Rule 419. Moreover, if the IPO
were subject to Rule 419, that rule would prohibit the release of any interest earned on funds held in the trust account to us unless
and until the funds in the trust account were released to us in connection with our completion of an initial business combination.

If
we seek shareholder approval of our initial business combination and we do not conduct redemptions pursuant to the tender offer rules,
and if you or a “group” of shareholders are deemed to hold in excess of 15% of our Ordinary Shares, you will lose the ability
to redeem all such shares in excess of 15% of our Ordinary Shares.

If
we seek shareholder approval of our initial business combination and we do not conduct redem