Company: BAYAU
Filing Date: 2025-05-12
Form Type: DEF 14A
Source: 0001641172-25-009766
Chunk: 19

Company: Bayview Acquisition Corp
Filing Date: 2025-05-12
Form: DEF 14A
Chunk 19
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2025 (the “ Trust Agreement Amendment”) by providing five days’ advance notice to the Trustee prior to the applicable Termination Date and depositing into the trust account (the “ Trust Account”) $60,000 for each month in an Extension (the “ Extension Payment”) until December 19, 2025 (assuming a Business Combination has not occurred) in exchange for a non-interest bearing, unsecured promissory note payable upon the consummation of a Business Combination; and

Proposal No. 3—Adjournment Proposal—A proposal, by ordinary resolution to adjourn the Extraordinary General Meeting to a later date or dates, if necessary, to permit further solicitation and vote of proxies if, based upon the tabulated vote at the time of the Extraordinary General Meeting, there are not sufficient votes to approve the Extension Amendment Proposal and the Trust Agreement Amendment Proposal or to provide additional time to effectuate the Extension Amendment and Extension.

| Q. | Are                                                                                                                                 
 the proposals conditioned on one another?                                                                                           |
| A. | Approval                                                                                                                            
 of the Extension Amendment Proposal and Trust Agreement Amendment Proposal are conditions to the implementation of the Extension    
 Amendment and Extension. Pursuant to the Existing Charter, Bayview may not redeem Public Shares in an amount that would cause our   
 net tangible assets 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 and Trust Agreement Amendment Proposal are approved, Bayview may nevertheless choose to         
 liquidate on the Termination Date.                                                                                                  |

If the Extension and Extension Amendment are implemented and one or more Bayview shareholders elect to redeem their Public Shares, Bayview will remove from the Trust Account and deliver to the holders of such redeemed Public Shares an amount equal to the pro rata portion of funds available in the Trust Account with respect to such redeemed Public Shares, as described in more detail in this Proxy Statement, and will retain the remainder of the funds in the Trust Account for Bayview’s use in connection with consummating a Business Combination on or before the expiration of the last Extended Date.

If the Extension Amendment Proposal and Trust Agreement Amendment Proposal are not approved and a Business Combination is not consummated by the Termination Date, or such later date that may be approved by Bayview shareholders, Bayview will (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but not more than ten (10) business days