Company: BAYAU
Filing Date: 2025-04-01
Form Type: 10-K
Source: 0001641172-25-002125
Chunk: 222

Company: Bayview Acquisition Corp
Filing Date: 2025-04-01
Form: 10-K
Item: Item 1A
Chunk 222
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 ●
    increased
    vulnerability to adverse changes in general economic, industry and competitive conditions and adverse changes in government regulation;

    ●
    limitations
    on our ability to borrow additional amounts for expenses, capital expenditures, acquisitions, debt service requirements, and execution
    of our strategy; and

    ●
    other
    disadvantages compared to our competitors who have less debt.

The
grant of registration rights to our founders may make it more difficult to complete our initial business combination, and the future
exercise of such rights may adversely affect the market price of our Ordinary Shares.

Pursuant
to an agreement to be entered into concurrently with the issuance and sale of the securities in the IPO, our founders and their permitted
transferees can demand that we register their Founder Shares and Private Placement Units, after those shares convert to our Ordinary
Shares at the closing of our initial business combination. In addition, holders of our Private Placement Units and their permitted transferees
can demand that we register the Private Placement Units and/or the underlying securities, and holders of Units that may be issued upon
conversion of working capital loans may demand that we register such Units and/or underlying securities. We will bear the cost of registering
these securities. The registration and availability of such a significant number of securities for trading in the public market may have
an adverse effect on the market price of our Ordinary Shares. In addition, the existence of the registration rights may make our initial
business combination more costly or difficult to conclude. This is because the shareholders of the target business may increase the equity
stake they seek in the combined entity or ask for more cash consideration to offset the negative impact on the market price of our Ordinary
Shares that is expected when the Ordinary Shares and Private Placement Units owned by our founders or holders of our working capital
units or their respective permitted transferees are registered.

  28 

In
order to complete our initial business combination, we may seek to amend our Second Amended and Restated Memorandum and Articles of Association
or other governing instruments, including our rights agreement, in a manner that will make it easier for us to complete our initial business
combination but that our shareholders or rights holders may not support.

In
order to complete a business combination, blank check companies have, in the recent past, amended various provisions of their charters
and governing instruments, including their rights agreement. For example, blank check companies have amended the definition of business
combination, increased redemption thresholds, changed industry focus