Company: BAYAU
Filing Date: 2025-04-01
Form Type: 10-K
Source: 0001641172-25-002125
Chunk: 1302

Company: Bayview Acquisition Corp
Filing Date: 2025-04-01
Form: 10-K
Item: Item 15
Chunk 1302
---
     - 
  
    Cash at end of period 
    $93,620  
     582,308 

    Supplemental
    disclosure of noncash investing and financing activities 

    Subsequent measurement of
    ordinary shares subject to possible redemption (income earned on trust account) 
     2,779,141  
     107,055 
  
    Deferred underwriting commission 
     -  
     2,100,000 
  
    Deferred offering costs paid
    by Sponsors in exchange for issuance of ordinary shares 
     -  
     25,100 
  
    Offering costs adjusted from
    prepaid expenses 
     -  
     52 
  
    Offering costs charged to
    Additional Paid-in Capital 
     -  
     4,341,321 
  
    Reclassification of ordinary
    shares subject to redemption 
     -  
     57,540,000 
  
    Allocation of offering costs
    to ordinary shares subject to redemption 
     -  
     4,163,327 
  
    Remeasurement adjustment on
    ordinary shares subject to possible redemption 
     -  
     6,623,327 

The
accompanying notes are an integral part of these financial statements.

 F-6 

BAYVIEW
ACQUISITION CORP

NOTES
TO THE FINANCIAL STATEMENTS

NOTE
1 —ORGANIZATION AND BUSINESS OPERATIONS

Organizational
and General

Bayview
Acquisition Corp (the “Company”) was incorporated in the Cayman Islands on February 16, 2023. The Company was formed for
the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination
with one or more businesses or entities (the “Business Combination”).

The
Company is not limited to a particular industry or sector for purposes of consummating a Business Combination. The Company is an early
stage and emerging growth company and, as such, the Company is subject to all of the risks associated with early stage and emerging growth
companies.

The
Company’s sponsors are Peace Investment Holdings Limited, a British Virgin Islands company, and Bayview Holding LP, a Delaware
limited partnership (the “Sponsors”). As of December 31, 2024, the Company had not commenced any operations. All activities
for the period from February 16,