Company: BAYAU
Filing Date: 2025-04-01
Form Type: 10-K
Source: 0001641172-25-002125
Chunk: 534

Company: Bayview Acquisition Corp
Filing Date: 2025-04-01
Form: 10-K
Item: Item 3
Chunk 534
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None.

    Item
    4.
    Mine
    Safety Disclosures

Not
applicable.

  71 

PART
II

    Item
    5.
    Market
    For Common Equity and Related Stockholder Matters and Issuer Purchases of Equity Securities

Market
Information

Our
Units, Ordinary Shares, and Rights are each traded on the Nasdaq Global Market (“Nasdaq”) under the symbols “BAYAU,”
“BAYA,” and “BAYAR,” respectively. Our Units commenced public trading on December 15, 2023, and our Ordinary
Shares and Rights commenced separate trading on December 28, 2023.

Holders

As
of March 31, 2025 we had 3 holders of record of our Ordinary Shares, 3 holders of record of our Units and 1 holder of record of our Rights.

Dividends

We
have not paid any cash dividends on our Ordinary Shares to date and do not intend to pay cash dividends prior to the completion of our
initial business combination. The payment of cash dividends in the future will be dependent upon our revenues and earnings, if any, capital
requirements and general financial condition subsequent to completion of our initial business combination. The payment of any cash dividends
subsequent to our initial business combination will be within the discretion of our board of directors at such time and we will only
pay such dividend out of our profits or share premium (subject to solvency requirements) as permitted under Cayman Islands Law. Further,
if we incur any indebtedness in connection with our initial business combination, our ability to declare dividends may be limited by
restrictive covenants we may agree to in connection therewith.

Securities
Authorized for Issuance Under Equity Compensation Plans

None.

Unregistered
Sale of Equity Securities

On
February 23, 2023, our Sponsor, Bayview Holding LP acquired 1,437,500 Founder Shares for an aggregate purchase price of $25,000, of which
Bayview Holding LP owns 474,375 Ordinary Shares and Peace Investment Holdings Limited owns 963,125 Ordinary Shares. On December 14, 2023,
the Company issued an additional 287,500 Founder Shares for consideration of $100, resulting in Bayview Holding LP holding a total of
569,250 Founder Shares and Peace Investment Holdings Limited holding a total of 1,155,750 Founder Shares as of the date of the Registration
Statement. On