Company: BAYAU
Filing Date: 2025-04-01
Form Type: 10-K
Source: 0001641172-25-002125
Chunk: 320

Company: Bayview Acquisition Corp
Filing Date: 2025-04-01
Form: 10-K
Item: Item 1A
Chunk 320
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 decide to pursue an opportunity, we may be precluded from procuring such
opportunity. In addition, investment ideas generated within our founders may be suitable for both us and for an affiliate of founders
and may be directed to such entity rather than to us. Neither our founders nor members of our management team who are also employed by
or affiliated with our founders will have any obligation to present us with any opportunity for a potential business combination of which
they become aware, unless presented to such member specifically in his or her capacity as an officer or director of the company. Our
founders and/or our management team, in their capacities as employees or affiliates of our founders or in their other endeavors, may
be required to present potential business combinations to future founders’ affiliates or third parties, before they present such
opportunities to us.

Each
of our officers and directors presently has, and any of them in the future may have additional, fiduciary or contractual obligations
to other entities pursuant to which such officer or director is or will be required to present business combination opportunities to
such entity. Accordingly, in the future, if any of our officers or directors becomes aware of a business combination opportunity which
is suitable for an entity to which he or she has then-current fiduciary or contractual obligations, he or she will honor his or her fiduciary
or contractual obligations to present such opportunity to such entity. We do not believe, however, that any fiduciary duties or contractual
obligations of our officers arising in the future would materially undermine our ability to complete our business combination. Our Second
Amended and Restated Memorandum and Articles of Association provides that we renounce our interest in any corporate opportunity offered
to any director or officer unless such opportunity is expressly offered to such person solely in his or her capacity as a director or
officer of our company and such opportunity is one we are legally and contractually permitted to undertake and would otherwise be reasonable
for us to pursue.

Our
founders, including Yuk Man Lau, Xin Wang and David Bamper may not become an officer or director of any other special purpose acquisition
company with a class of securities registered under the Securities Exchange Act of 1934, as amended, or the Exchange Act before we enter
into a binding agreement regarding our initial business combination or we have failed to complete our initial business combination within
18 months from the closing of the IPO.

Our
founders and management may also purchase public units or shares during the IPO,