Company: BAYAU
Filing Date: 2025-04-01
Form Type: 10-K
Source: 0001641172-25-002125
Chunk: 479

Company: Bayview Acquisition Corp
Filing Date: 2025-04-01
Form: 10-K
Item: Item 2
Chunk 479
---
, $2,100,000
of deferred underwriting fees and $1,041,321 of other offering costs. After deducting the underwriting discounts and commissions and
offering expenses, the total net proceeds from the initial public offering and the sale of the Private Placement Units $60,000,000 (or
$10.00 per share sold in the initial public offering) was placed in the Trust Account.

Redemptions

In
connection with the vote to approve the Extension Amendment Proposal and the Trust Agreement Amendment Proposal at the Extraordinary
General Meeting held on September 16, 2024, the holders of 2,290,989 Ordinary Shares properly exercised their rights to redeem their shares for cash at a
redemption price of approximately $10.39 per share, for an aggregate redemption amount of approximately $23,803,376.

    Item
    6.
    [Reserved]

  73 

    Item
    7.
    Management’s
    Discussion and Analysis of Financial Condition and Results of Operations

References
to the “Company,” “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 audited
financial statements and the notes related thereto which are included in “Item 8. Financial Statements and Supplementary Data”
of this Annual Report on Form 10-K. Certain information contained in the discussion and analysis set forth below includes forward-looking
statements. Our actual results may differ materially from those anticipated in these forward-looking statements as a result of many factors.
Certain information contained in the discussion and analysis set forth below includes forward-looking statements. Our actual results
may differ materially from those anticipated in these forward-looking statements as a result of many factors, including those set forth
under “Cautionary Note Regarding Forward-Looking Statements and Risk Factor Summary,” “Item 1A. Risk Factors”
and elsewhere in this Annual Report on Form 10-K.

Overview

We
are a blank check company incorporated on February 16, 2023, as a Cayman Islands exempted company for the purpose of effecting a merger,
share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, which
we refer to throughout the Registration Statement as our initial business combination. We have generated no revenues to date, and we
do not expect that we will generate operating revenues at the earliest