Company: BAYAU
Filing Date: 2025-05-02
Form Type: PRE 14A
Source: 0001641172-25-008370
Chunk: 67

Company: Bayview Acquisition Corp
Filing Date: 2025-05-02
Form: PRE 14A
Chunk 67
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POSED AMENDMENT NO. 1

TO THE

INVESTMENT MANAGEMENT TRUST AGREEMENT

OF

BAYVIEW ACQUISITION CORP

[AMENDMENT TO TRUST AGREEMENT]</div>

| B-1 |

<div align='center'>PROPOSED AMENDMENT
TO THE
INVESTMENT MANAGEMENT TRUST AGREEMENT</div>

This Amendment No. 1 (this “ Amendment”), dated as of June [ ], 2025, to the Original Trust Agreement (as defined below) is made by and between Bayview Acquisition Corp (the “ Company”) and Equiniti Trust Company, LLC (f/k/a American Stock Transfer & Trust Company), as trustee (“ Trustee”). All terms used but not defined herein shall have the meanings assigned to them in the Trust Agreement.

WHEREAS, the Company and the Trustee entered into an Investment Management Trust Agreement dated as of December 14, 2023, as amended by that certain amendment to the Investment Management Trust Agreement dated September 16, 2024 (the “ Original Trust Agreement”);

WHEREAS, Section 10 of the Original Trust Agreement sets forth the terms that govern the liquidation of the Company’s trust account (the “ Trust Account”) under the circumstances described therein;

WHEREAS, at an extraordinary general meeting of the Company held on June [ ], 2025 (the “ Special Meeting”), the Company’s shareholders approved (i) a proposal to amend Bayview’s Amended and Restated Memorandum and Articles of Association, dated as of December 14, 2023 (the “ Existing Charter”) to extend the date by which the Company must consummate a Business Combination (the “ Combination Period”) up to six (6) times, with all six (6) extensions comprised of one month each from June 19, 2025 to December 19, 2025 (the “ Termination Date”), with each extension comprised of one month (each an “ Extension”) (i.e., for a period of time ending up to 24 months after the consummation of its initial public offering (the “ IPO”)) for a total of six (6) months after the Termination Date (assuming a Business Combination has not occurred); and (ii) a proposal to amend the Original Trust Agreement, to permit the Company to extend the Termination Date up to six (6) times, with all six (6) extensions comprised of one month each from the June 19, 2025 to December