Company: BAYAU
Filing Date: 2025-05-21
Form Type: 10-Q
Source: 0001641172-25-011820
Chunk: 2

Company: Bayview Acquisition Corp
Filing Date: 2025-05-21
Form: 10-Q
Item: Part I, Item 1
Chunk 2
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interest earned on trust account) 
     -  
     -  
     (23) 
     (754,289) 
     (754,312)
  
    Net income 
     -  
     -  
     -  
     595,376  
     595,376 
  
    Balance as of March 31, 2024 
     1,732,500  
    $173  
    $-  
    $(1,888,869) 
    $(1,888,696)
  
    Balance  
     1,732,500  
    $173  
    $-  
    $(1,888,869) 
    $(1,888,696)

The accompanying notes are an integral part of these
unaudited financial statements.

5

BAYVIEW ACQUISITION CORP

STATEMENTS OF CASH FLOWS

(UNAUDITED)

    For the Three Months Ended March 31, 2025  
    For the Three Months Ended March 31, 2024 
  
    Cash flows from operating activities: 

    Net income 
    $143,915  
    $595,376 
  
    Adjustments to reconcile net income to net cash used in operating activities: 

    Income earned on investments held in Trust Account 
     (413,357) 
     (754,312)
  
    Changes in operating assets and liabilities: 

    Accrued offering costs and expenses 
     245,364  
     35,563 
  
    Prepaid expenses 
     (46,941) 
     (87,386)
  
    Due to related party 
     30,000  
     (10,000)
  
    Other receivables 
     -  
     (29,677)
  
    Net cash used in operating activities 
     (41,019) 
     (250,436)

    Cash flows from investing activities: 

    Principal deposited into trust account in connection with extension 
     (375,000) 
     - 
  
    Net cash used in investing activities 
     (375,000) 
     - 

    Cash flows from financing activities: 

    Proceeds from promissory note 
     375,000  
     - 
  
    Net cash provided by  financing activities