Company: BAYAU
Filing Date: 2025-04-01
Form Type: 10-K
Source: 0001641172-25-002125
Chunk: 379

Company: Bayview Acquisition Corp
Filing Date: 2025-04-01
Form: 10-K
Item: Item 1B
Chunk 379
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 from the closing of the IPO; as a
    result, our officers or directors may present a potential target to our competitor that would had been presented to us or devote
    time to our affairs which may have a negative impact on our ability to complete our initial business combination.

    ●
    In
    the course of their other business activities, our officers and directors may become aware of investment and business opportunities
    which may be appropriate for presentation to us as well as the other entities with which they are affiliated. Our management may
    have conflicts of interest in determining to which entity a particular business opportunity should be presented.

    ●
    Our
    Initial Shareholders have agreed to waive their redemption rights with respect to any Founder Shares, private shares and any Public
    Shares held by them in connection with the consummation of our initial business combination. Additionally, our Initial Shareholders
    have agreed to waive their redemption rights with respect to any Founder Shares and private shares held by them if we fail to consummate
    our initial business combination within 18 months from the closing of the IPO. If we do not complete our initial business combination within such applicable time period, the proceeds
    of the sale of the Private Placement Units held in the trust account will be used to fund the redemption of our Public Shares, and
    the Private Placement Units and underlying securities will be worthless. With certain limited exceptions, 50% of the Founder Shares
    and Private Placement Units (and underlying securities) will not be transferable, assignable by our founders until the earlier to
    occur of: (A) six months after the date of the consummation of our initial business combination, or (B) the date on which the closing
    price of our Ordinary Shares equals or exceeds $12.50 per share (as adjusted for share splits, share dividends, reorganizations and
    recapitalizations) for any 20 trading days within any 30-trading day period commencing after our initial business combination and
    the remaining 50% of the Founder Shares and Private Placement Units (and underlying securities) may not be transferred, assigned
    or sold until six months after the date of the consummation of our initial business combination, or earlier, in either case, if,
    subsequent to our initial business combination, we consummate a subsequent liquidation, merger, stock exchange or other similar transaction
    which results in all of our shareholders having the right to exchange their shares for cash, securities or