Company: BAYAU
Filing Date: 2025-04-01
Form Type: 10-K
Source: 0001641172-25-002125
Chunk: 1253

Company: Bayview Acquisition Corp
Filing Date: 2025-04-01
Form: 10-K
Item: Item 13
Chunk 1253
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-redeemable share following the two-class method of income
per share. In order to determine the net income (loss) attributable to both the redeemable shares and non-redeemable shares, the Company
first considered the undistributed income (loss) allocable to both the redeemable shares and non-redeemable shares and the undistributed
income (loss) is calculated using the total net loss less any dividends paid. The Company then allocated the undistributed income (loss)
ratably based on the weighted average number of shares outstanding between the redeemable and non-redeemable shares. Any remeasurement
of the accretion to redemption value of the common shares subject to possible redemption was considered to be dividends paid to the public
shareholders. As of December 31, 2024, the Company did not have any dilutive securities and other contracts that could, potentially,
be exercised or converted into ordinary shares and then share in the earnings of the Company. As a result, diluted income (loss) per
share is the same as basic income (loss) per share for the period presented.

     F-10 

The
net income (loss) per share presented in the statements of operations is based on the following:

 SCHEDULE OF NET INCOME (LOSS) PER SHARE PRESENTED STATEMENTS OF OPERATIONS

    For
    the year  
    For
    the period  From February 16, 2023 (inception) 

    Ended  
    through 

    December
    31,  
    December
    31, 

    2024  
    2023 
  
    Net income 
    $1,752,975  
    $85,516 
  
    Interest earned from trust
    account 
     (2,779,141) 
     (107,055)
  
    Accretion
    of temporary equity into redemption value 
     (500,000)  
     (6,623,327)
  
    Net
    loss including accretion of temporary equity to redemption value 
    $(1,526,166) 
    $(6,644,866)

 SCHEDULE OF EARNINGS PER SHARE BASIC AND DILUTED 

    Shares  
    Shares  
    Shares  
    Shares 

    For
                                            the year ended December
                                                                                31,
                                            2024  
    For