Company: BAYAU
Filing Date: 2025-04-01
Form Type: 10-K
Source: 0001641172-25-002125
Chunk: 19

Company: Bayview Acquisition Corp
Filing Date: 2025-04-01
Form: 10-K
Item: Item 1
Chunk 19
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 companies with more than one million users’ personal information in China, especially
    some internet and technology companies, may not be willing to list on a U.S. exchange or enter into a definitive business combination
    agreement with us. Further, we may also avoid conduct a business combination with a company with more than one million users’
    personal information in China due to the limited timeline for us to complete a business combination.

    ●
    Governmental control of
    currency conversion may affect the value of your investment.

    ●
    The governing PRC laws
    and regulations are sometimes vague and uncertain, which may result in a material change in our operations and the value of our shares
    if we complete our business combination with a target in China.

  10 

    Item
    1A.
    Risk
    Factors

You
should carefully consider the following risks and other information in this Form 10-K in evaluating us and our securities. Any of the
following risks, as well as additional risks and uncertainties not currently known to us or that we currently deem immaterial, could
materially and adversely affect our business, financial condition or results of operations, and could, in turn, impact the trading price
of our securities.

Risks
Related to our Search for, Consummation of, or Inability to Consummate, a Business Combination

We
are a newly incorporated company formed as a Cayman Islands exempted company with no operating history and no revenues, and you have
no basis on which to evaluate our ability to achieve our business objective.

We
are a newly incorporated company formed as a Cayman Islands exempted company under the laws of the Cayman Islands with no operating results,
and we did not commence operations until obtaining funding through our IPO. Because we lack an operating history, you have no basis upon
which to evaluate our ability to achieve our business objective of completing our initial business combination with one or more target
businesses. We have no plans, arrangements or understandings with any prospective target business concerning a business combination and
may be unable to complete our business combination. If we fail to complete our business combination, we will never generate any operating
revenues.

Our
independent registered public accounting firm’s report contains an explanatory paragraph that expresses substantial doubt about
our ability to continue as a “going concern.”

As
of December 31, 2024, we had a working capital deficit of $1,155,926. Further, we expect to