Company: BAYAU
Filing Date: 2025-11-19
Form Type: PRE 14A
Source: 0001493152-25-024124
Chunk: 12

Company: Bayview Acquisition Corp
Filing Date: 2025-11-19
Form: PRE 14A
Chunk 12
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 tangible assets (after payment of the deferred
underwriting commissions) to be less than $5,000,001, which condition may not be waived by the board of directors (the “Board”).
Notwithstanding the foregoing, even if the Extension Amendment Proposal and the Trust Agreement Amendment Proposal are approved, we may
nevertheless may liquidate by December 19, 2025, or June 16, 2026, if validly extended in accordance with the Existing Charter as
amended by Extension Amendment.

The purpose of the Extension Amendment Proposal and the Trust Agreement Amendment Proposal is to allow Bayview additional time to complete an initial business combination (“ Business Combination”). Additionally, the purpose of the Extension Amendment Proposal is to simultaneously (i) provide those Bayview shareholders who do not wish to extend the Termination Date with the opportunity to exercise their redemption rights earlier than they would if Bayview liquidated on the Termination Date and (ii) allow those Bayview shareholders who wish for Bayview to continue its search for a Business Combination to remain shareholders. Currently, the Company has until the Termination Date, or December 19, 2025 upon all extensions of the Termination Date validly made in accordance with the Existing Charter to consummate the Business Combination. The Board has determined that it is in the best interests of Bayview to implement the Extension and have Bayview shareholders approve the Extension Amendment Proposal and Trust Agreement Amendment Proposal to allow for additional 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 shareholders with additional time and opportunity to consider a prospective Business Combination. However, even if the Extension Amendment Proposal and Trust Agreement Amendment Proposal are approved and the Extension is 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 until 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