Company: BAYAU
Filing Date: 2025-04-01
Form Type: 10-K
Source: 0001641172-25-002125
Chunk: 220

Company: Bayview Acquisition Corp
Filing Date: 2025-04-01
Form: 10-K
Item: Item 1A
Chunk 220
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related to our pre-initial business combination activity). However, our Second Amended and Restated Memorandum and Articles of
Association provides, among other things, that prior to our initial business combination, we may not issue additional shares of
capital share that would entitle the holders thereof to: (i) receive funds from the trust account; or (ii) vote as a class with our
Public Shares (a) on any initial business combination or (b) to approve an amendment to our Second Amended and Restated Memorandum
and Articles of Association to (x) extend the time we have to consummate a business combination beyond 18 months from the closing of
the IPO, or (y) amend the foregoing provisions, unless (in connection with any such amendment to our Second Amended and Restated
Memorandum and Articles of Association) we offer our public shareholders the opportunity to redeem their Public Shares. These
provisions of our Second Amended and Restated Memorandum and Articles of Association, like all provisions of our Second Amended and
Restated Memorandum and Articles of Association, may be amended with the approval of our shareholders. However, our executive
officers and directors have agreed, pursuant to a written agreement with us, that they will not propose any amendment to our Second
Amended and Restated Memorandum and Articles of Association to (A) modify the substance or timing of our obligation to provide for
the redemption of our Public Shares in connection with an initial business combination or to redeem 100% of our Public Shares if we
do not complete our initial business combination within 18 months from the closing of the IPO or (B) with respect to any other
material provision relating to shareholders’ rights or pre-initial business combination activity, unless we provide our public
shareholders with the opportunity to redeem their Ordinary Shares upon approval of any such amendment at a per-share price, payable
in cash, equal to the aggregate amount then on deposit in the trust account, including interest (which interest shall be net of
taxes payable), divided by the number of then outstanding Public Shares.

The
issuance of additional ordinary or preferred shares:

    ●
    may
    significantly dilute the equity interest of investors in the IPO;

    ●
    may
    subordinate the rights of holders of Ordinary Shares if preferred shares are issued with rights senior to those afforded our Ordinary
    Shares;

    ●
    could
    cause a change of control if a substantial number of our Ordinary