Company: BAYAU
Filing Date: 2025-12-01
Form Type: DEF 14A
Source: 0001493152-25-025486
Chunk: 45

Company: Bayview Acquisition Corp
Filing Date: 2025-12-01
Form: DEF 14A
Chunk 45
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 time to consummate a Business Combination. 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 is
approved and the Extension and Extension Amendment are implemented, there is no assurance that Bayview will be able to consummate a Business
Combination by December 19, 2025, or June 16, 2026, if validly extended in accordance with the Existing Charter as amended by Extension
Amendment, 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 to the Termination Date, or December 19, 2025 upon all extensions of the Termination Date
validly made in accordance with the Existing Charter to complete a Business Combination. If the Extension Amendment Proposal is approved,
we will have until December 19, 2025 to consummate a Business Combination, provided that if the board of directors anticipates that
the Company may not be able to consummate a Business Combination by December 19, 2025, we may, by resolution of directors, at the
request of our Sponsors, extend the period of time to consummate a Business Combination up to six (6) times, each by an additional
one (1) month (for a total of up to six (6) months after December 19, 2025 to complete a Business Combination), subject to the Sponsors
(as defined in the Existing Charter) upon five days’ advance notice prior to the applicable deadline in accordance with the terms
set out in the Trust Agreement and referred to in the Registration Statement (as defined in the Existing Charter), depositing additional
fund into the Trust Account in an Extension. In the event that our Sponsors elects 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 S