Company: BAYAU
Filing Date: 2025-04-01
Form Type: 10-K
Source: 0001641172-25-002125
Chunk: 225

Company: Bayview Acquisition Corp
Filing Date: 2025-04-01
Form: 10-K
Item: Item 1A
Chunk 225
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 that the offering price of our
Units properly reflects the value of such Units than you would have in a typical offering of an operating company.

Prior
to the IPO there has been no public market for any of our securities. The public offering price of the Units and the terms of the Rights
were negotiated between us and the underwriters. In determining the size of the IPO, management held customary organizational meetings
with the underwriters with respect to the state of capital markets, generally, and the amount the underwriters believed they reasonably
could raise on our behalf. Factors considered in determining the size of the IPO, prices and terms of the Units, including the Ordinary
Shares and Rights underlying the Units, include:

    ●
    the
    history and prospects of companies whose principal business is the acquisition of other companies;

    ●
    prior
    offerings of those companies;

    ●
    our
    prospects for acquiring an operating business;

    ●
    a
    review of debt to equity ratios in leveraged transactions;

    ●
    our
    capital structure;

    ●
    an
    assessment of our management and their experience in identifying operating companies;

    ●
    general
    conditions of the securities markets at the time of the IPO; and

    ●
    other
    factors as were deemed relevant.

Although
these factors were considered, the determination of our offering price is more arbitrary than the pricing of securities of an operating
company in a particular industry since we have no historical operations or financial results.

There
is currently no market for our securities and a market for our securities may not develop, which would adversely affect the liquidity
and price of our securities.

There
is currently no market for our securities. Shareholders therefore have no access to information about prior market history on which to
base their investment decision. Following the IPO, the price of our securities may vary significantly due to one or more potential business
combinations and general market or economic conditions. Furthermore, an active trading market for our securities may never develop or,
if developed, it may not be sustained. You may be unable to sell your securities unless a market can be established and sustained.

Because
we must furnish our shareholders with target business financial statements, we may lose the ability to complete an otherwise advantageous
initial business combination with some prospective target businesses.

The
federal proxy rules require that a proxy statement with respect to a vote on a business combination meeting certain financial significance
tests include target historical and/or pro forma financial statement