Company: BAYAU
Filing Date: 2025-04-01
Form Type: 10-K
Source: 0001641172-25-002125
Chunk: 453

Company: Bayview Acquisition Corp
Filing Date: 2025-04-01
Form: 10-K
Item: Item 1C
Chunk 453
---
1, 2025
  
    Xin
    Wang
     
     and Director

    /s/
    David Bamper
     
    Chief
    Financial Officer (Principal Financial Officer) 
     
    April 1, 2025
  
    David
    Bamper
     
    and
    Director

  89 

Index
to Financial Statements

    Page

    Report of Independent Registered Public Accounting Firm (PCAOB #1195)
    F-2
  
    Financial
    Statements:

    Balance Sheets
    F-3
  
    Statements of Operations
    F-4
  
    Statements of Changes in Shareholders’ Deficit
    F-5
  
    Statements of Cash Flows
    F-6
  
    Notes to the Financial Statements
    F-7

 F-1 

REPORT
OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To
the Board of Directors and

Shareholders of Bayview Acquisition Corp

Opinion
on the Financial Statements

We
have audited the accompanying balance sheets of Bayview Acquisition Corp (the “Company”) as of December 31, 2024 and 2023,
and the related statements of operations, changes in shareholders’ deficit, and cash flows for the year ended December 31, 2024
and for the period from February 16, 2023 (inception) through December 31, 2023, and the related notes (collectively referred to as the
financial statements). In our opinion, the financial statements present fairly, in all material respects, the financial position of the
Company as of December 31, 2024 and 2023, and the results of its operations and its cash flows for the year ended December 31, 2024 and
for the period from February 16, 2023 (inception) through December 31, 2023 in conformity with accounting principles generally accepted
in the United States of America.

Substantial
Doubt about the Company’s Ability to Continue as a Going Concern

The
accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note
1 to the financial statements, the Company has incurred and expects to continue to incur significant costs in pursuit of its acquisition
plans and the Company’s cash and working capital are not sufficient to complete its planned activities one year from the issuance
date of the financial statements. These conditions raise substantial doubt