Company: BAYAU
Filing Date: 2025-04-01
Form Type: 10-K
Source: 0001641172-25-002125
Chunk: 289

Company: Bayview Acquisition Corp
Filing Date: 2025-04-01
Form: 10-K
Item: Item 1A
Chunk 289
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 or our executive officers and directors may be difficult or impossible for investors to pursue in
U.S. courts. Moreover, even if an investor obtains a judgment in a U.S. court against one of our directors or officers, the investor
may be unable to enforce such judgment on these directors and officers. It will equally be difficult to effect service of process upon
us or those persons inside the PRC. PRC courts may only recognize and enforce foreign judgments in accordance with the requirements of
the PRC Civil Procedures Law based either on treaties between the PRC and the country where the judgment is made or on principles of
reciprocity between jurisdictions. This is reflected in a number of bilateral treaties signed by the PRC, which provide that lack of
jurisdiction of the judgment court can be a ground for refusal. Further, a foreign judgment cannot be recognized and enforced in the
PRC if a Chinese court has rendered a judgment on the same subject matter or recognized and enforced another foreign judgment or arbitral
award on the same subject matter. In addition, according to the PRC Civil Procedures Law, the PRC courts will not enforce a foreign judgment
against us or our directors and officers if they decide that the judgment violates the basic principles of PRC laws or national sovereignty,
security, or public interest. The PRC has no treaties or other forms of written arrangement with the United States that provide for the
reciprocal recognition and enforcement of foreign judgments. As a result, it may be difficult for investors to effect service of process
within the United States upon us or our executive officers or directors who are residents of the PRC, or to enforce judgments in the
PRC (including Hong Kong and Macau) that are obtained in U.S. courts against us or such individuals, including judgments predicated upon
the civil liability provisions of the securities laws of the United States or any state thereof. Even with proper service of process,
the enforcement of judgments obtained in U.S. courts or foreign courts based on the civil liability provisions of the U.S. federal securities
laws would be extremely difficult given the PRC Civil Procedures Law and the lack of a treaty or principles of reciprocity providing
for the recognition and enforcement of U.S. judgments. Furthermore, there would be added costs and issues with bringing an original action
in foreign courts to enforce liabilities based on the U.S. federal securities laws against us or our officers and directors, and they
still may be fruitless.

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