Company: BAYAU
Filing Date: 2025-11-19
Form Type: PRE 14A
Source: 0001493152-25-024124
Chunk: 2

Company: Bayview Acquisition Corp
Filing Date: 2025-11-19
Form: PRE 14A
Chunk 2
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 Trust Agreement Amendment Proposal (the “ Adjournment Proposal”).

Each of the Extension Amendment Proposal, the Trust Agreement Amendment Proposal and the Adjournment Proposal is more fully described in the Proxy Statement. Please take the time to read carefully each of the proposals in the Proxy Statement before you vote. Approval of the Extension Amendment Proposal and Trust Agreement Amendment Proposal is a condition to the implementation of extension of the deadline by which the Company must consummate a Business Combination pursuant to the Existing Charter and the Trust Agreement (the “ Extension”). In addition, pursuant to the Existing Charter, Bayview may not redeem Public Shares in an amount that would cause our net tangible assets (after payment of the deferred underwriting commissions) to be less than $5,000,001, which condition may not be waived by the Board. Notwithstanding the foregoing, even if the Extension Amendment Proposal and the Trust Agreement Amendment Proposal are approved, Bayview may nevertheless choose to liquidate on the Termination Date.

The purpose of the Extension Amendment Proposal and the Trust Agreement Amendment Proposal is to allow Bayview additional time to complete an initial business combination (a “ Business Combination”). Additionally, the purpose of the Extension Amendment Proposal is to simultaneously (i) provide those Bayview shareholders who do not wish to extend the Termination Date with the opportunity to exercise their redemption rights earlier than they would if Bayview liquidated on the Termination Date and (ii) allow those Bayview shareholders who wish for Bayview to continue its search for a Business Combination to remain shareholders.

Currently, the Company has until June 19, 2025 (the “ Termination Date”) or December 19, 2025 upon all extensions of the Termination Date validly made in accordance with the Existing Charter to consummate a Business Combination. The Board has determined that it is in the best interests of Bayview to effectuate the Extension and have Bayview shareholders approve the Extension Amendment Proposal and the Trust Agreement Amendment Proposal to allow for additional time to consummate a Business Combination. The Board believes that the current Termination Date will not provide sufficient time to complete a Business Combination. Given Bayview’s commitment of time, effort and financial resources to date with respect to identifying a Business Combination target, circumstances warrant providing shareholders with additional time and opportunity to consider a prospective Business Combination. However, even if the Extension Amendment Proposal and Trust Agreement Amendment Proposal are approved and the Extension is implemented, there is no assurance that Bayview will be able to consummate a Business Combination by December 19, 2025, or June