Company: BAYAU
Filing Date: 2025-04-01
Form Type: 10-K
Source: 0001641172-25-002125
Chunk: 5

Company: Bayview Acquisition Corp
Filing Date: 2025-04-01
Form: 10-K
Item: Item 1
Chunk 5
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 Amendment Proposal”).

In
connection with the vote to approve the Extension Amendment Proposal and the Trust Agreement Amendment Proposal, 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.

Our
Management Team

For
more information on the experience and background of our management team, see the section entitled “Management.”

Business
Strategy

We
will seek to capitalize on the strength of our management team. Our team consists of experienced financial services, accounting, and
legal professionals, and senior operating executives of companies operating in multiple jurisdictions. Collectively, our officers and
directors have decades of experience in mergers and acquisitions and operating companies. We believe that their accomplishments, and
specifically, their current activities, will be critical in identifying attractive acquisition opportunities. In turn, the businesses
that we identify, will be able to benefit from accessing the U.S. capital markets and the expertise and network of our management team.
However, there is no assurance that we will complete a business combination. Our officers and directors have no prior experience consummating
a business combination for a “blank check” company.

There
are no restrictions on the geographic location of targets we can pursue, although we intend to initially prioritize Asia. In particular,
we intend to focus our search for an initial business combination on private companies in Asia that have compelling economics and clear
paths to positive operating cash flow, significant assets, and successful management teams that are seeking access to the U.S. public
capital markets. However, we will not consummate our initial business combination with an entity or business with China operations consolidated
through a VIE structure.

As
an emerging market, Asia has experienced remarkable growth. Economies in Asia have experienced sustained expansion in recent years. We
believe that Asia is entering a new era of economic growth, which we expect will result in attractive initial business combination opportunities
for us. We believe that the growth will primarily be driven by private sector expansion, technological innovation, increasing consumption
by the middle class, structural economic and policy reforms and demographic changes in Asia.

Acquisition
Criteria

Our
management team intends to focus on creating shareholder value by leveraging its experience in the management, operation, and financing
of businesses to improve the efficiency of operations while implementing strategies to scale revenue organically and/or through acquisitions.
We have identified the following general criteria and guidelines