Company: BAYAU
Filing Date: 2025-05-21
Form Type: 10-Q
Source: 0001641172-25-011820
Chunk: 48

Company: Bayview Acquisition Corp
Filing Date: 2025-05-21
Form: 10-Q
Item: Part I, Item 8
Chunk 48
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the review, management identified the following subsequent events that  require disclosure in the financial statements:

    ●
    On April 13, 2025, May 13, 2025, respectively, the Company issued two promissory notes to Oabay, each in an amount of $125,000 (the “Extension Note 8” and “Extension Note 9” ). The Extension Notes bear no interest and are payable on the earlier of: (i) June 19, 2025, or (ii) promptly after the date of the consummation of the Business Combination. The Company deposited a total of $250,000 into the trust account to extend the timeline of the business combination from April 19, 2025 to June 19, 2025.

    ●
    On
                                            May 14, 2025, the Company entered into Amendment No. 2 to the Merger Agreement (the “Second
                                            Amendment”) pursuant to which the parties agreed to realign the sequence of the
                                            transactions contemplated by the Merger Agreement so that such sequence is as follows: (i)
                                            Merger Sub 3 will merge with and into Oabay, with Oabay being the surviving entity and becoming
                                            a wholly owned subsidiary of PubCo (the “Acquisition Merger”), and (ii)
                                            immediately following the Acquisition Merger, Merger Sub 1 will merge with and into SPAC,
                                            with SPAC being the surviving entity (the “First SPAC Merger” and together
                                            with the Acquisition Merger, the “Mergers”), each Merger to occur upon
                                            the terms and subject to the conditions set forth in the Second Amendment and in accordance
                                            with the applicable provisions of the Act.

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ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS
OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

References to the “Company,”
“Bayview,” “our,” “us” or “we” refer to Bayview Acquisition Corp. The following discussion
and analysis of the Company’s financial condition and results of operations should be read in conjunction with the unaudited interim
financial statements and the notes thereto contained elsewhere in this report. As well as the Company’s 2024 Annual Report on Form
10-K as filed with the SEC on April 1, 2025. Certain information contained in the discussion and analysis set forth below includes forward-looking
statements that involve risks and uncertainties.

Overview