Company: BAYAU
Filing Date: 2025-04-01
Form Type: 10-K
Source: 0001641172-25-002125
Chunk: 61

Company: Bayview Acquisition Corp
Filing Date: 2025-04-01
Form: 10-K
Item: Item 1
Chunk 61
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and our search for a business combination and their other businesses, including other business endeavors for which he or she may be entitled
to substantial compensation. Furthermore, our founders, including Yuk Man Lau, Xin Wang and David Bamper may not become an officer or
director of another special purpose acquisition company with a class of securities registered under the Securities Exchange Act of 1934,
as amended, or the Exchange Act before we enter a binding agreement regarding our initial business combination. We do not intend to have
any full-time employees prior to the completion of our initial business combination. In addition, each of our officers and certain of
our directors are employed by or affiliated with our founders, which makes investments in securities or other interests of or relating
to companies in industries we may target for our initial business combination. Our independent directors also serve as officers or board
members for other entities. If our officers’ and directors’ other business affairs require them to devote substantial amounts
of time to such affairs in excess of their current commitment levels, it could limit their ability to devote time to our affairs; or
if they have fiduciary duty to present a target company to our competitor instead of us, which may have a negative impact on our ability
to complete our initial business combination. For a complete discussion of our officers’ and directors’ other business affairs,
please see the section of the Registration Statement entitled “Management — Conflicts of Interest.”

  33 

Certain
of our officers and directors are now, and all of them may in the future become, affiliated with entities engaged in business activities
similar to those intended to be conducted by us and, accordingly, may have conflicts of interest in allocating their time and determining
to which entity a particular business opportunity should be presented.

Following
the completion of the IPO and until we consummate our initial business combination, we intend to engage in the business of identifying
and combining with one or more businesses. Our officers and directors are, and may in the future become, affiliated with entities (such
as operating companies or investment vehicles) that are engaged in a similar business.

Our
officers and directors also may become aware of business opportunities which may be appropriate for presentation to us and the other
entities in the future to which they owe certain fiduciary or contractual duties, including our founders’ affiliates. Accordingly,
they may have conflicts of interest in determining to which entity a particular business opportunity should be presented. These conflicts
may not be resolved in our favor and a potential target business may be