Company: BAYAU
Filing Date: 2025-04-01
Form Type: 10-K
Source: 0001641172-25-002125
Chunk: 80

Company: Bayview Acquisition Corp
Filing Date: 2025-04-01
Form: 10-K
Item: Item 1
Chunk 80
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 in which such business operates
will govern almost all of the material agreements relating to its operations, including any contractual arrangements through which we
acquire control of target business as described above. We cannot assure you that we or the target business will be able to enforce any
of its material agreements or that remedies will be available in this jurisdiction. The system of laws and the enforcement of existing
laws in such jurisdiction may not be as certain in implementation and interpretation as in the United States. In addition, the judiciary
in the PRC is relatively inexperienced compared to others in enforcing corporate and commercial law, leading to a higher than usual degree
of uncertainty as to the outcome of any litigation. In addition, to the extent that our target business’s material agreements are
with governmental agencies in the PRC, we may not be able to enforce or obtain a remedy from such agencies due to sovereign immunity,
in which the government is deemed to be immune from civil lawsuit or criminal prosecution. The inability to enforce or obtain a remedy
under any of our future agreements could result in a significant loss of business, business opportunities or capital.

If
we effect our initial business combination with a business located in the PRC, we may be subject to certain risks associated with acquiring
and operating businesses in the PRC.

We
may be subject to certain risks associated with acquiring and operating a business in the PRC in our search for a business combination
and operation of any target business with which we ultimately consummate a business combination.

  44 

First,
certain rules and regulations concerning mergers and acquisitions by foreign investors in the PRC may make merger and acquisition activities
by foreign investors more complex and time consuming, including, among others:

    ●
    the
    requirement that the Ministry of Commerce of the PRC (the “MOFCOM”) be notified in certain circumstances in advance of
    any change-of-control transaction in which a foreign investor takes control of a PRC domestic enterprise or any concentration of
    undertaking if certain thresholds are triggered;

    ●
    the
    authority of certain government agencies to have scrutiny over the economics of an acquisition transaction and requirement for consideration
    in a transaction to be paid within stated time limits; and

    ●
    the
    requirement for mergers and acquisitions by foreign investors that raise “national defense and security” concerns and
    mergers and acquisitions through which foreign investors may acquire de facto control over domestic enterprises that raise “national
    security” concerns to be subject to