Company: BAYAU
Filing Date: 2025-04-01
Form Type: 10-K
Source: 0001641172-25-002125
Chunk: 8

Company: Bayview Acquisition Corp
Filing Date: 2025-04-01
Form: 10-K
Item: Item 1
Chunk 8
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 will expire and be worthless.

  3 

Our
Business Combination must occur with one or more target businesses that together have an aggregate fair market value of at least 80%
of the assets held in the trust account (excluding deferred underwriting commissions payable to Chardan and taxes payable) at the time
of the agreement to enter into the initial business combination. If our board is not able to independently determine the fair market
value of the target business or businesses, we will obtain an opinion from an independent investment banking firm that is a member of
the Financial Industry Regulatory Authority (“FINRA”), or an independent accounting firm with respect to the satisfaction
of such criteria. Our shareholders may not be provided with a copy of such opinion, nor will they be able to rely on such opinion.

The
net proceeds of the Initial Public Offering and the sale of the Private Placement Units released to us from the Trust Account upon the
closing of Business Combination may be used as consideration to pay the sellers of a target business with which we complete our Business
Combination. If our Business Combination is paid for using equity or debt securities, or not all of the funds released from the Trust Account are used for payment of the consideration in connection with our Business Combination or used for redemption of our Public Shares,
we may use the balance of the cash released to us from the Trust Account following the closing for general corporate purposes, including
for maintenance or expansion of operations of the post-transaction businesses, the payment of principal or interest due on indebtedness
incurred in completing our Business Combination, to fund the purchase of other companies or for working capital.

In
addition, we may be required to obtain additional financing in connection with the closing of our Business Combination to be used following
the closing for general corporate purposes as described above. There is no limitation on our ability to raise funds through the issuance
of equity or equity-linked securities or through loans, advances or other indebtedness in connection with our Business Combination, including
pursuant to forward purchase agreements or backstop agreements we may enter into following consummation of the Initial Public Offering.
Subject to compliance with applicable securities laws, we would only complete such financing simultaneously with the completion of our
Business Combination. At this time, we are not a party to any arrangement or understanding with any third party with respect to raising
any additional funds through the sale of securities or otherwise. None of our founders is required to provide any financing to us in
connection with or after our Business Combination. We may