Company: BAYAU
Filing Date: 2025-04-01
Form Type: 10-K
Source: 0001641172-25-002125
Chunk: 233

Company: Bayview Acquisition Corp
Filing Date: 2025-04-01
Form: 10-K
Item: Item 1A
Chunk 233
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 interests.

We
have not adopted a policy that expressly prohibits our founders or their respective affiliates from having a direct or indirect pecuniary
or financial interest in any investment to be acquired or disposed of by us or in any transaction to which we are a party or have an
interest. We do not have a policy that expressly prohibits any such persons from engaging for their own account in business activities
of the types conducted by us. Accordingly, such persons or entities may have a conflict between their interests and ours.

We
may engage in a business combination with one or more target businesses that have relationships with entities that may be affiliated
with our founders which may raise potential conflicts of interest.

In
light of the involvement of our officers and directors with other entities, we may decide to acquire one or more businesses affiliated
with our founders or their respective affiliates. Our officers and directors also serve as officers and board members for other entities,
including, without limitation, those described under the section of the Registration Statement entitled “Management — Conflicts
of Interest.” Such entities may compete with us for business combination opportunities. Our founders are not currently aware of
any specific opportunities for us to complete our business combination with any entities with which they are affiliated, and there have
been no preliminary discussions concerning a business combination with any such entity or entities. Although we will not be specifically
focusing on, or targeting, any transaction with any affiliated entities, we would pursue such a transaction if we determined that such
affiliated entity met our criteria for a business combination as set forth in the section of the Registration Statement entitled “Proposed
Business — Sources of Target Businesses” and such transaction was approved by a majority of our disinterested directors.
Despite our agreement to obtain an opinion from an independent investment banking firm that is a member of FINRA, or from an independent
accounting firm, regarding the fairness to our company from a financial point of view of a business combination with one or more domestic
or international businesses affiliated with our founders or their respective affiliates, potential conflicts of interest still may exist
and, as a result, the terms of the business combination may not be as advantageous to our public shareholders as they would be absent
any conflicts of interest.

  34 

Since
our founders will lose their entire investment in us if our business combination is not completed, a conflict of interest may arise in
determining whether a particular business combination target is appropriate for our initial business combination.

On
February 23, 2023, our Sponsor