Company: BAYAU
Filing Date: 2025-04-01
Form Type: 10-K
Source: 0001641172-25-002125
Chunk: 27

Company: Bayview Acquisition Corp
Filing Date: 2025-04-01
Form: 10-K
Item: Item 1
Chunk 27
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 Islands law to provide for claims of creditors and the requirements of other applicable law.
In such case, our public shareholders may only receive $10.00 per share or less in certain circumstances, and our Rights will expire
worthless. In certain circumstances, our public shareholders may receive less than $10.00 per share on the redemption of their shares.
See “— If third parties bring claims against us, the proceeds held in the trust account could be reduced and the per-share
redemption amount received by shareholders may be less than $10.00 per share” and other risk factors in this section.

If
we seek shareholder approval of our initial business combination, our founders and their affiliates may elect to purchase Ordinary Shares
or Rights from public shareholders, which may influence a vote on a proposed business combination and reduce the public “float”
of our Ordinary Shares or Rights.

If
we seek shareholder approval of our initial business combination and we do not conduct redemptions in connection with our business combination
pursuant to the tender offer rules, our founders or their affiliates may purchase Ordinary Shares or Rights, or a combination thereof,
in privately negotiated transactions or in the open market either prior to or following the completion of our initial business combination,
although they are under no obligation to do so.

  15 

Such
a purchase may include a contractual acknowledgement that such shareholder, although still the record holder of our shares is no longer
the beneficial owner thereof and therefore agrees not to exercise its redemption rights. In the event that our Sponsors, directors, officers,
advisors or their affiliates purchase shares in privately negotiated transactions from public shareholders who have already elected to
exercise their redemption rights or submitted a proxy to vote against our initial business combination, such selling shareholders would
be required to revoke their prior elections to redeem their shares and any proxy to vote against our initial business combination.

The
price per share paid in any such transaction may be different than the amount per share a public shareholder would receive if it elected
to redeem its shares in connection with our initial business combination. The purpose of such purchases could be to increase the likelihood
of closing the initial business combination, or to satisfy a closing condition in an agreement with a target that requires us to have
a minimum net worth or a certain amount of cash at the closing of our initial business combination, where it appears that such requirement
would otherwise not be met. The purpose of any such purchases of Rights could be to reduce the number of Rights outstanding. Any such
purchases of