Company: BAYAU
Filing Date: 2025-06-10
Form Type: DEFA14A
Source: 0001641172-25-014429
Chunk: 6

Company: Bayview Acquisition Corp
Filing Date: 2025-06-10
Form: DEFA14A
Chunk 6
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 tabulated vote at the time of the Extraordinary General Meeting, there are not sufficient votes to approve the Extension Amendment Proposal and the Trust Agreement Amendment Proposal or to provide additional time to effectuate the Extension Amendment and Extension.

The first Q&A on page 5 of the Definitive Proxy Statement is hereby amended and restated as follows:

Q: Why should I vote “FOR” the Extension Amendment Proposal?

A:Bayview believes its shareholders will benefit from Bayview consummating a Business Combination and is proposing the Extension Amendment Proposal to give the Company the right to extend the Combination Period for a period of six months, from June 19, 2025 to December 19, 2025. The Board believes that the current Termination Date will not provide sufficient time to complete a Business Combination. Given Bayview’s commitment of time, effort and financial resources to date with respect to identifying a Business Combination target, circumstances warrant providing Public Shareholders with additional time and opportunity to consider a prospective Business Combination. However, even if the Extension Amendment Proposal and Trust Agreement Amendment Proposal are approved and the Extension and Extension Amendment are implemented, there is no assurance that Bayview will be able to consummate a Business Combination by the last Extended Date, given the actions that must occur prior to closing of a Business Combination.

Pursuant to the Existing Charter and the Trust Agreement, we have up until June 19, 2025 to complete a Business Combination. If the Extension Amendment Proposal is approved, we may avail ourselves of one six-month extension from June 19, 2025 to December 19, 2025, to consummate the Business Combination, subject to the Sponsors depositing a one-time payment of $120,000 into the Trust Account and providing five days’ notice prior to the applicable deadline. In the event that our Sponsors elect to extend the time to complete a Business Combination, pay the Extension Payment, and deposit the Extension Payment into the Trust Account, the Sponsors will receive a non-interest bearing, unsecured promissory note equal to the amount of the Extension Payment, which amount will not be repaid in the event that we are unable to close a Business Combination unless there are funds available outside the Trust Account to do so. In the event that we receive notice from our Sponsors five days prior to the applicable Business Combination deadline of their wish for us to effect an Extension, we intend to issue a press release announcing such Extension at least three days prior to the applicable Business Combination deadline. Our Sponsors and their