Company: BAYAU
Filing Date: 2025-04-01
Form Type: 10-K
Source: 0001641172-25-002125
Chunk: 686

Company: Bayview Acquisition Corp
Filing Date: 2025-04-01
Form: 10-K
Item: Item 5
Chunk 686
---
 (112,530)
  
    Payments
    from related party 
     -  
     100 
  
    Payment
    of offering costs 
     -  
     (425,952)
  
    Redemption of ordinary shares 
     (23,803,376) 
     - 
  
    Proceeds
    from promissory note 
     500,000  
     - 
  
    Net
    cash used in (provided by) financing activities 
     (23,303,376) 
     60,586,718 

    Net change
    in cash 
     (488,688) 
     582,308 
  
    Cash at beginning of period 
     582,308  
     - 
  
    Cash at end of period 
    $93,620  
     582,308 

    Supplemental
    disclosure of noncash investing and financing activities 

    Subsequent measurement of
    ordinary shares subject to possible redemption (income earned on trust account) 
     2,779,141  
     107,055 
  
    Deferred underwriting commission 
     -  
     2,100,000 
  
    Deferred offering costs paid
    by Sponsors in exchange for issuance of ordinary shares 
     -  
     25,100 
  
    Offering costs adjusted from
    prepaid expenses 
     -  
     52 
  
    Offering costs charged to
    Additional Paid-in Capital 
     -  
     4,341,321 
  
    Reclassification of ordinary
    shares subject to redemption 
     -  
     57,540,000 
  
    Allocation of offering costs
    to ordinary shares subject to redemption 
     -  
     4,163,327 
  
    Remeasurement adjustment on
    ordinary shares subject to possible redemption 
     -  
     6,623,327 

The
accompanying notes are an integral part of these financial statements.

 F-6 

BAYVIEW
ACQUISITION CORP

NOTES
TO THE FINANCIAL STATEMENTS

NOTE
1 —ORGANIZATION AND BUSINESS OPERATIONS

Organizational
and General

Bayview
Acquisition Corp (the “Company”) was incorporated in the Cayman Islands on February 16, 2023. The Company was formed for