Company: BAYAU
Filing Date: 2025-04-01
Form Type: 10-K
Source: 0001641172-25-002125
Chunk: 54

Company: Bayview Acquisition Corp
Filing Date: 2025-04-01
Form: 10-K
Item: Item 1
Chunk 54
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 a rights agreement and between Equiniti Trust Company, LLC, as rights agent, and us. The
rights agreement provides that the terms of the Rights may be amended without the consent of any holder to cure any ambiguity or correct
any defective provision, but requires the approval by the holders of at least 50% of the then outstanding public rights to make any change
that adversely affects the interests of the registered holders of public rights. Accordingly, we may amend the terms of the public rights
in a manner adverse to a holder if holders of at least 50% of the then outstanding public rights approve of such amendment.

The
determination of the offering price of our Units and the size of the IPO is more arbitrary than the pricing of securities and size of
an offering of an operating company in a particular industry. You may have less assurance, therefore, that the offering price of our
Units properly reflects the value of such Units than you would have in a typical offering of an operating company.

Prior
to the IPO there has been no public market for any of our securities. The public offering price of the Units and the terms of the Rights
were negotiated between us and the underwriters. In determining the size of the IPO, management held customary organizational meetings
with the underwriters with respect to the state of capital markets, generally, and the amount the underwriters believed they reasonably
could raise on our behalf. Factors considered in determining the size of the IPO, prices and terms of the Units, including the Ordinary
Shares and Rights underlying the Units, include:

    ●
    the
    history and prospects of companies whose principal business is the acquisition of other companies;

    ●
    prior
    offerings of those companies;

    ●
    our
    prospects for acquiring an operating business;

    ●
    a
    review of debt to equity ratios in leveraged transactions;

    ●
    our
    capital structure;

    ●
    an
    assessment of our management and their experience in identifying operating companies;

    ●
    general
    conditions of the securities markets at the time of the IPO; and

    ●
    other
    factors as were deemed relevant.

Although
these factors were considered, the determination of our offering price is more arbitrary than the pricing of securities of an operating
company in a particular industry since we have no historical operations or financial results.

There
is currently no market for our securities and a market for our securities may not develop, which would adversely affect the liquidity