Company: BAYAU
Filing Date: 2025-05-02
Form Type: PRE 14A
Source: 0001641172-25-008370
Chunk: 52

Company: Bayview Acquisition Corp
Filing Date: 2025-05-02
Form: PRE 14A
Chunk 52
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 person or represented by proxy at the Extraordinary General Meeting or any adjournment thereof, vote on such matter. Failure to vote in person (including virtually) or by proxy at the Extraordinary General Meeting, abstentions from voting or broker non-votes will have no effect on the outcome of any vote on the Extension Amendment Proposal.

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On the Record Date, the Sponsors, Bayview’s directors, officers and its initial shareholders and their respective affiliates beneficially owned and were entitled to vote an aggregate of 1,500,000 Founder Shares and 232,500 shares underlying the Private Placement Units held by the Sponsors and the officers and directors of Bayview, representing approximately 31.8% of Bayview’s issued and outstanding Ordinary Shares. Accordingly, if all outstanding Ordinary Shares are present at the Extraordinary General Meeting, then in addition to the Founder Shares, the Company will need 1,895,174 Public Shares, or 34.8% of the outstanding Public Shares, to vote in favor of the Extension Amendment Proposal to approve such proposal.

TheExtension Amendment cannot be implemented unless our shareholders approve the Extension Amendment Proposal and the Trust Agreement Amendment Proposal. In addition, pursuant to the Existing Charter, Bayview may not redeem Public Shares in an amount that would cause our net 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. Notwithstanding the foregoing, even if the Extension Amendment Proposal is approved, Bayview may nevertheless choose to liquidate on the Termination Date.

Full Text of Resolution

“It is resolved as a special resolution, that the following articles of Bayview’s Second Amended and Restated Memorandum and Articles of Association adopted by special resolution passed on September 16, 2024 (the “ Existing Charter”) be amended as follow with immediate effect:

| (iv) | Article 37.8 of the Existing                                
 Charter be deleted in its entirety and replaced as follows: |

| “37.8 |    | The Company has until December 19, 2025 (the Termination Date)                                                                            
 to consummate a Business Combination, provided however that if the Board of Directors anticipates that the Company may not be able        
 to consummate a Business Combination by the Termination Date, the Company may, by Resolution of Directors, at the request of the          
 Sponsors, extend the period of time to consummate a Business Combination up to six (6) times, each