Company: BAYAU
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001641172-25-024142
Chunk: 25

Company: Bayview Acquisition Corp
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 25
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Chief Executive Officer, who reviews
the operating results for the Company as a whole to make decisions about allocating resources and assessing financial performance. Accordingly,
management has determined that the Company only has one operating segment.

When
evaluating the Company’s performance and making key decisions regarding resource allocation, the CODM reviews several key metrics,
including net income (loss), which is comprised of dividends earned on marketable securities held in trust account and interest from
the bank account, offset by general and administrative expenses.

The
key measure of segment profit or loss reviewed by the Company’s CODM is net income (loss), which is comprised of dividends earned
on marketable securities held in trust account and interest from the bank account, offset by general and administrative expenses. Net
income (loss) is reviewed and monitored by the CODM to manage and forecast cash to ensure enough capital is available to complete a Business
Combination within the required completion window. The CODM also reviews net income (loss) to manage, maintain and enforce all contractual
agreements to ensure costs are aligned with all agreements and the budget.

NOTE
10 — SUBSEQUENT EVENTS

The
Company evaluated subsequent events and transactions that occurred after the balance sheet date up to the date that the financial statements
were issued. Based on the review, management identified the following subsequent events that require disclosure in the financial statements:

    ●
    On
    July 18, 2025, the Company deposited $100,000 into the Company’s trust account to extend the period of time it has to consummate
    its initial business combination by one month from July 19, 2025 to August 19, 2025. The Extension is the second of up to six extensions
    permitted under the Second Amended and Restated Articles of Association, as amended, of the Company currently in effect.

    ●
    In July 2025, as disclosed in Note 1, the $100,000 held in escrow account in June related
to June extension was deposited into the trust account.

16

ITEM
2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

References
to the “Company,” “Bayview,” “our,” “us” or “we” refer to Bayview Acquisition
Corp. The following discussion and analysis of the Company’s financial condition and results of operations should be read in conjunction
with the unaudited interim financial statements and the notes thereto contained elsewhere in