Company: BAYAU
Filing Date: 2025-04-01
Form Type: 10-K
Source: 0001641172-25-002125
Chunk: 197

Company: Bayview Acquisition Corp
Filing Date: 2025-04-01
Form: 10-K
Item: Item 1A
Chunk 197
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 we would redeem our Public Shares and liquidate, in which case our public shareholders may only
receive $10.00 per share, or less than such amount in certain circumstances, and our Rights will expire worthless.

Our
Second Amended and Restated Memorandum and Articles of Association provides that we must complete our initial business combination within
18 months from the closing of the IPO. We may not be able to find a suitable target business and complete our initial business combination
within such time period. Our ability to complete our initial business combination may be negatively impacted by general market conditions,
volatility in the capital and debt markets and the other risks described herein. If we have not completed our initial business combination
within such time period, we will: (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible
but not more than ten business days thereafter, redeem the Public Shares, at a per-share price, payable in cash, equal to the aggregate
amount then on deposit in the trust account, including interest earned on the funds held in the trust account and not previously released
to us to pay our taxes (less up to $100,000 of interest to pay liquidation and dissolution expenses), divided by the number of then outstanding
Public Shares, which redemption will completely extinguish public shareholders’ rights as shareholders (including the right to
receive further liquidating distributions, if any), subject to applicable law, and (iii) as promptly as reasonably possible following
such redemption, subject to the approval of our remaining shareholders and our board of directors, dissolve and liquidate, subject in
each case to our obligations under Cayman Islands law to provide for claims of creditors and the requirements of other applicable law.
In such case, our public shareholders may only receive $10.00 per share or less in certain circumstances, and our Rights will expire
worthless. In certain circumstances, our public shareholders may receive less than $10.00 per share on the redemption of their shares.
See “— If third parties bring claims against us, the proceeds held in the trust account could be reduced and the per-share
redemption amount received by shareholders may be less than $10.00 per share” and other risk factors in this section.

If
we seek shareholder approval of our initial business combination, our founders and their affiliates may elect to purchase Ordinary Shares
or Rights from public shareholders, which may influence a vote on a proposed business combination and reduce the public “float”
of our Ordinary Shares or