Company: BAYAU
Filing Date: 2025-04-01
Form Type: 10-K
Source: 0001641172-25-002125
Chunk: 31

Company: Bayview Acquisition Corp
Filing Date: 2025-04-01
Form: 10-K
Item: Item 1
Chunk 31
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 circumstances, and our
Rights will expire worthless.

We
expect to encounter intense competition from other entities having a business objective similar to ours, including private investors
(which may be individuals or investment partnerships), other blank check companies and other entities, domestic and international, competing
for the types of businesses we intend to acquire. Many of these individuals and entities are well-established and have extensive experience
in identifying and effecting, directly or indirectly, acquisitions of companies operating in or providing services to various industries.
Many of these competitors possess greater technical, human and other resources or more local industry knowledge than we do and our financial
resources will be relatively limited when contrasted with those of many of these competitors. While we believe there are numerous target
businesses we could potentially acquire with the net proceeds of the IPO and the sale of the Private Placement Units, our ability to
compete with respect to the acquisition of certain target businesses that are sizable will be limited by our available financial resources.
This inherent competitive limitation gives others an advantage in pursuing the acquisition of certain target businesses.

  17 

Furthermore,
because we are obligated to pay cash for the Ordinary Shares which our public shareholders redeem in connection with our initial business
combination, target companies will be aware that this may reduce the resources available to us for our initial business combination.
This may place us at a competitive disadvantage in successfully negotiating a business combination. If we are unable to complete our
initial business combination, our public shareholders may receive only approximately $10.00 per share, or less in certain circumstances,
on the liquidation of our trust account and our Rights will expire worthless. In certain circumstances, our public shareholders may receive
less than $10.00 per share upon our liquidation. 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
the net proceeds of the IPO and the sale of the Private Placement Units not being held in the trust account are insufficient to allow
us to operate for at least the next 18 months from the closing of the IPO, we may be unable to complete our initial business combination, in which
case our public shareholders may only receive $10.00 per share, or less than such amount in certain circumstances, and our Rights will
expire worthless.

The
funds available to us outside of the trust account may not be sufficient to allow us to