Company: BAYAU
Filing Date: 2025-04-01
Form Type: 10-K
Source: 0001641172-25-002125
Chunk: 297

Company: Bayview Acquisition Corp
Filing Date: 2025-04-01
Form: 10-K
Item: Item 1A
Chunk 297
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ate, our shareholders would lose the investment opportunity associated with an
investment in the combined company, including any potential price appreciation of our securities.

The
SEC has adopted new rules relating to certain activities of SPACs. Certain of the procedures that we, a potential business combination
target or others may determine to undertake in connection with such rules may increase our costs and the time needed to complete our
initial business combination and may constrain the circumstances under which we could complete an initial business combination. The need
for compliance with the SPAC Final Rules may cause us to liquidate the funds in the trust account or liquidate at an earlier time than
we might otherwise choose.

On
January 24, 2024, the SEC issued new rules (the “SPAC Final Rules”), effective as of July 1, 2024, that formally adopted
some of the proposed rules for SPACs that were released on March 30, 2022, relating, among other things, to disclosures in SEC filings
in connection with initial public offerings by SPACs; business combination transactions between SPACs such as us and private operating
companies; the financial statement requirements applicable to transactions involving shell companies; the use of projections by SPACs
in SEC filings in connection with proposed business combination transactions; the potential liability of certain participants in proposed
business combination transactions; and the extent to which SPACs could become subject to regulation under the Investment Company Act.
Certain of the procedures that we, a potential business combination target, or others may determine to undertake in connection with the
SPAC Final Rules, or pursuant to the SEC’s views expressed in the SPAC Final Rules, may increase the costs and time of negotiating
and completing an initial business combination, and may constrain the circumstances under which we could complete an initial business
combination. The need for compliance with the SPAC Final Rules may cause us to liquidate the funds in the trust account or liquidate
at an earlier time than we might otherwise choose. Were we to liquidate, our Private Placement Units and Rights would expire worthless,
and our securityholders would lose the investment opportunity associated with an investment in the combined company, including any potential
price appreciation of our securities.

We
are an emerging growth company and a smaller reporting company within the meaning of the Securities Act, and if we take advantage of
certain exemptions from disclosure requirements available to emerging growth companies and smaller reporting companies, this could make
our securities less attractive to investors and may make it more difficult to