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

Company: Bayview Acquisition Corp
Filing Date: 2025-04-01
Form: 10-K
Item: Item 1
Chunk 10
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Second Amended and Restated Memorandum and Articles of Association provides that we renounce our interest in any corporate opportunity
offered to any director or officer unless such opportunity is expressly offered to such person solely in his or her capacity as a director
or officer of our company and such opportunity is one we are legally and contractually permitted to undertake and would otherwise be
reasonable for us to pursue.

Our
founders, including Yuk Man Lau, Xin Wang and David Bamper may not become an officer or director of any other special purpose acquisition
company with a class of securities registered under the Securities Exchange Act of 1934, as amended, or the Exchange Act, before we enter
into a binding agreement regarding our Business Combination or we have failed to complete our Business Combination within 18 months from
the closing of the Initial Public Offering.

Competition

In
identifying, evaluating and selecting a target business for our Business Combination, we may encounter intense competition from other
entities having a business objective similar to ours, including other blank check companies, private equity groups and leveraged buyout
funds, and operating businesses seeking strategic acquisitions. Many of these entities are well established and have extensive experience
identifying and effecting business combinations directly or through affiliates. Moreover, many of these competitors possess greater financial,
technical, human and other resources than we do. Our ability to acquire larger target businesses will be limited by our available financial
resources. This inherent limitation gives others an advantage in pursuing the acquisition of a target business. Furthermore, our obligation
to pay cash in connection with our public shareholders who exercise their redemption rights may reduce the resources available to us
for our Business Combination and our outstanding rights, and the future dilution they potentially represent, may not be viewed favorably
by certain target businesses. Either of these factors may place us at a competitive disadvantage in successfully negotiating an initial
business combination.

Facilities

Our
executive offices are located at 420 Lexington Ave, Suite 2446, New York, NY 10170. The cost for our use of this space is included in
the $10,000 per month fee we will pay to TenX Global Capital LP for office space, utilities and secretarial and administrative services.
We consider our current office space adequate for our current operations.

Employees

We
currently have two executive officers: Xin Wang and David Bamper. These individuals are not obligated to devote any specific number of
hours to our matters, but they intend to devote as much of their time