Company: BAYAU
Filing Date: 2025-05-21
Form Type: 10-Q
Source: 0001641172-25-011820
Chunk: 19

Company: Bayview Acquisition Corp
Filing Date: 2025-05-21
Form: 10-Q
Item: Part I, Item 1
Chunk 19
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 and the rights will expire worthless.

NOTE 8 — Fair Value Measurements

The fair value of the Company’s financial assets
and liabilities reflects management’s estimate of amounts that the Company would have received in connection with the sale of the
assets or paid in connection with the transfer of the liabilities in an orderly transaction between market participants at the measurement
date. In connection with measuring the fair value of its assets and liabilities, the Company seeks to maximize the use of observable inputs
(market data obtained from independent sources) and to minimize the use of unobservable inputs (internal assumptions about how market
participants would price assets and liabilities). The following fair value hierarchy is used to classify assets and liabilities based
on the observable inputs and unobservable inputs used in order to value the assets and liabilities:

Level 1: Quoted prices in active markets for identical
assets or liabilities. An active market for an asset or liability is a market in which transactions for the asset or liability occur with
sufficient frequency and volume to provide pricing information on an ongoing basis.

Level 2: Observable inputs other than Level 1 inputs.
Examples of Level 2 inputs include quoted prices in active markets for similar assets or liabilities and quoted prices for identical assets
or liabilities in markets that are not active.

Level 3: Unobservable inputs based on our assessment
of the assumptions that market participants would use in pricing the asset or liability.

The following tables present information about the
Company’s assets that are measured at fair value on a recurring basis as of March 31, 2025 and December 31, 2024 and indicate the
fair value hierarchy of the valuation inputs the Company utilized to determine such fair value.

SCHEDULE OF MEASURED FAIR VALUE ON RECURRING BASIS

    Quoted  
    Significant  
    Significant 

    Prices in  
    Other  
    Other 

    As of  
    Active  
    Observable  
    Unobservable 

    March 31,  
    Markets  
    Inputs  
    Inputs 

    2025  
    (Level 1)  
    (Level 2)  
    (Level 3) 
  
    Assets: 

    Investment held in trust account 
    $40,371,177  
    $40,371,177  
    $—  
    $— 

    Quoted  
    Significant  
    Significant 

    As of  
    Prices in