Company: BAYAU
Filing Date: 2025-04-01
Form Type: 10-K
Source: 0001641172-25-002125
Chunk: 50

Company: Bayview Acquisition Corp
Filing Date: 2025-04-01
Form: 10-K
Item: Item 1
Chunk 50
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B) with respect to any other
material provision relating to shareholders’ rights or pre-initial business combination activity, unless we provide our public
shareholders with the opportunity to redeem their Ordinary Shares upon approval of any such amendment at a per-share price, payable
in cash, equal to the aggregate amount then on deposit in the trust account, including interest (which interest shall be net of
taxes payable), divided by the number of then outstanding Public Shares.

The
issuance of additional ordinary or preferred shares:

    ●
    may
    significantly dilute the equity interest of investors in the IPO;

    ●
    may
    subordinate the rights of holders of Ordinary Shares if preferred shares are issued with rights senior to those afforded our Ordinary
    Shares;

    ●
    could
    cause a change of control if a substantial number of our Ordinary Shares are issued, which may affect, among other things, our ability
    to use our net operating loss carry forwards, if any, and could result in the resignation or removal of our present officers and
    directors; and

    ●
    may
    adversely affect prevailing market prices for our Units, Ordinary Shares and/or Rights.

  27 

We
may issue notes or other debt securities, or otherwise incur substantial debt, to complete a business combination, which may adversely
affect our leverage and financial condition and thus negatively impact the value of our shareholders’ investment in us.

Although
we have no commitments as of the date of the Registration Statement issue any notes or other debt securities, or to otherwise incur outstanding
debt following the IPO, we may choose to incur substantial debt to complete our business combination. We have agreed that we will not
incur any indebtedness unless we have obtained from the lender a waiver of any right, title, interest or claim of any kind in or to the
monies held in the trust account. As such, no issuance of debt will affect the per-share amount available for redemption from the trust
account. Nevertheless, the incurrence of debt could have a variety of negative effects, including:

    ●
    default
    and foreclosure on our assets if our operating revenues after an initial business combination are insufficient to repay our debt
    obligations;

    ●
    acceleration
    of our obligations to repay the indebtedness even if we make all principal and interest payments when due if we breach certain covenants
    that require the maintenance of certain financial ratios or reserves without a waiver or renegotiation of that