# EDGAR Filing Document

**Accession Number:** 0001969475
**File Stem:** 0001641172-25-016472
**Filing Date:** 2025-6
**Character Count:** 19232
**Document Hash:** 5f8c8743677bd071e4dc796924dc4612
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001641172-25-016472.hdr.sgml**: 20250625

**ACCESSION NUMBER**: 0001641172-25-016472

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 14

**CONFORMED PERIOD OF REPORT**: 20250620

**ITEM INFORMATION**: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20250625

**DATE AS OF CHANGE**: 20250625

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Bayview Acquisition Corp
- **CENTRAL INDEX KEY:** 0001969475
- **STANDARD INDUSTRIAL CLASSIFICATION:** BLANK CHECKS [6770]
- **ORGANIZATION NAME:** 05 Real Estate & Construction
- **EIN:** 000000000
- **STATE OF INCORPORATION:** E9
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-41890
- **FILM NUMBER:** 251073805

**BUSINESS ADDRESS:**
- **STREET 1:** 420 LEXINGTON AVE, SUIT 2446
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10170
- **BUSINESS PHONE:** 2039985540

**MAIL ADDRESS:**
- **STREET 1:** 420 LEXINGTON AVE, SUIT 2446
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10170

?xml version='1.0' encoding='ASCII'?

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K**

**current report pursuant to section 13 or 15(D) of the securities exchange act of 1934**

**Date of Report (Date of earliest event reported): June 20, 2025**

**Bayview Acquisition Corp**

**(Exact name of registrant as specified in its charter)**

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| | | |
|:---|:---|:---|
| **Cayman Islands** | **001-41890** | **N/A** 00-0000000 |
| **(State or other jurisdiction <br> of incorporation)** | **(Commission<br> File Number)** | **(I.R.S. Employer <br> Identification Number)** |

---

**420 Lexington Ave, Suite 2446**

**New York, NY 10170**

(Address of principal executive offices, including zip code)

Registrant's telephone number, including area code **(347) 627-0058**

**Not Applicable** (Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934:

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| | | |
|:---|:---|:---|
| Title of each class | Trading Symbol(s) | Name of each exchange on which<br> registered |
| **Units, each consisting of one ordinary share and one right** | BAYAU | The Nasdaq Stock Market LLC |
| **Ordinary Shares, par value $0.0001 per share** | BAYA | The Nasdaq Stock Market LLC |
| **Rights, each right entitling the holder thereof to one-tenth of one ordinary share** | BAYAR | The Nasdaq Stock Market LLC |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act ☐

**Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-balance Sheet Arrangement of a Registrant.**

**Extension Payment** 

On June 20, 2025, Bayview Acquisition Corp (the "<u>Company</u>") deposited $100,000 into the Company's trust account to extend the period of time it has to consummate its initial business combination by one month (the "<u>Extension</u>") from June 19, 2025 to July 19, 2025. The Extension is the first of up to six extensions permitted under the Second Amended and Restated Articles of Association, as amended, of the Company currently in effect.

**Promissory Note**

In connection with the Extension, the Company issued, on June 20, 2025 , an unsecured promissory note in the total principal amount of $600,000 (the "<u>Promissory Note</u>") to Oabay Inc. and its operating entity – AsiaFactor(CN) Co., Ltd, (the "<u>Payees</u>"). The Promissory Note does not bear interest and the principal thereunder becomes due and payable upon the date on which the Company consummates a business combination with the Payees.

The foregoing description of the Promissory Note is not complete and is qualified in its entirety by reference to the text of such document, which is filed as Exhibit 10.1 hereto and which is incorporated herein by reference.

**Item 9.01 Exhibits.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) *Exhibits*

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| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| 10.1 | [Promissory Note, dated June 20, 2025, by and among Bayview Acquisition Corp, Oabay Inc and AsiaFactor(CN) Co., Ltd](ex10-1.htm) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

---

2/3

**SIGNATURE**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

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| | | |
|:---|:---|:---|
|  | Bayview Acquisition Corp | Bayview Acquisition Corp |
| Date: June 25, 2025 | By: | */s/ Xin Wang* |
|  | Name: | Xin Wang |
|  | Title: | Chief Executive Officer and Director |

---

3/3

## Exhibit 10.1

**Exhibit 10.1**

THIS NOTE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"). THIS NOTE HAS BEEN ACQUIRED FOR INVESTMENT ONLY AND MAY NOT BE SOLD, TRANSFERRED OR ASSIGNED IN THE ABSENCE OF REGISTRATION OF THE RESALE THEREOF UNDER THE SECURITIES ACT OR AN OPINION OF COUNSEL REASONABLY SATISFACTORY IN FORM, SCOPE AND SUBSTANCE TO THE COMPANY THAT SUCH REGISTRATION IS NOT REQUIRED.

**PROMISSORY NOTE**

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| | |
|:---|:---|
| Principal Amount: $600,000 | Dated as of June 20, 2025 |

---

Bayview Acquisition Corp, a Cayman Islands exempted company (the "**Maker**"), promises to pay to the order of Oabay Inc. and its operating entity – AsiaFactor(CN) Co., Ltd, or its registered assigns or successors in interest,(the "**Payees**") the principal sum of Six Hundred Thousand Dollars ($600,000) or such lesser amount as shall have been advanced by Payees to Maker and shall remain unpaid under this Note on the Maturity Date (as defined below) in lawful money of the United States of America, on the terms and conditions described below. All payments on this Note shall be made by check or wire transfer of immediately available funds or as otherwise determined by the Maker to such account as the Payees may from time to time designate by written notice in accordance with the provisions of this Note.

1. **Principal.** The entire unpaid principal balance of this Promissory Note (this "**Note** ")
 shall be payable promptly after the date on which Bayview Acquisition Corp consummates an
 initial business combination (a "**Business Combination**") (the "**Maturity Date**") (as described in its initial public offering prospectus dated December 14,
 2023 (the "**Prospectus** ")).

2. **Drawdown Requests.** Maker and Payees agree that Maker may request, from time to time, up to One Hundred Thousand Dollars ($100,000) in
 drawdowns under this Note to be used for extension payments related to Maker's Business Combination. Principal of this Note
 may be drawn down from time to time prior to the Maturity Date upon written request from Maker to Payees (each, a "**Drawdown Request** "). Each Drawdown Request must state the amount to be drawn down, and must not be an amount less than One Hundred
 Thousand Dollars ($100,000). Payees shall fund each Drawdown Request no later than three (3) business days after receipt of a Drawdown
 Request; provided, however, that the maximum amount of drawdowns outstanding under this Note at any time may not exceed Six Hundred
 Thousand Dollars ($600,000). No fees, payments or other amounts shall be due to Payees in connection with, or as a result of, any
 Drawdown Request by Maker.

3. **Interest.** No interest shall accrue on the unpaid principal balance of this Note.

4. **Application of Payments.** All payments shall be applied first to payment in full of any costs incurred in the collection of any sum due under
 this Note, including (without limitation) reasonable attorney's fees, then to the payment in full of any late charges and finally
 to the reduction of the unpaid principal balance of this Note.

5. **Events of Default.** The following shall constitute an event of default ()"**Event of Default** "):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) **Failure to Make Required Payments.** Failure by Maker to pay the principal of this Note within five (5) business days following the date
 when due.

(b) **Voluntary Liquidation, Etc.** The commencement by Maker of a proceeding relating to its bankruptcy, insolvency, reorganization, rehabilitation
 or other similar action, or the consent by it to the appointment of, or taking possession by, a receiver, liquidator, assignee, trustee,
 custodian, sequestrator (or other similar official) for Maker or for any substantial part of its property, or the making by it of
 any assignment for the benefit of creditors, or the failure of Maker generally to pay its debts as such debts become due, or the
 taking of corporate action by Maker in furtherance of any of the foregoing.

(c) **Involuntary Bankruptcy, Etc.** The entry of a decree or order for relief by a court having jurisdiction in the premises in respect of maker
 in an involuntary case under any applicable bankruptcy, insolvency or similar law, for the appointing of a receiver, liquidator,
 assignee, custodian, trustee, sequestrator (or similar official) for Maker or for any substantial part of its property, or ordering
 the winding-up or liquidation of the affairs of Maker, and the continuance of any such decree or order unstayed and in effect for
 a period of 60 consecutive days.

6. **Remedies.** 

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| | | |
|:---|:---|:---|
|  | (a) | Upon the occurrence of an Event of Default specified in Section 5(a) hereof, Payees may, by written notice to Maker, declare this Note to be due immediately and payable, whereupon the unpaid principal amount of this Note, and all other amounts payable hereunder, shall become immediately due and payable without presentment, demand, protest or other notice of any kind, all of which are hereby expressly waived, anything contained herein or in the documents evidencing the same to the contrary notwithstanding. |
|  | (b) | Upon the occurrence of an Event of Default specified in Sections 5(b) and 5(c), the unpaid principal balance of this Note, and all other sums payable with regard to this Note, shall automatically and immediately become due and payable, in all cases without any action on the part of Payees.<br>|
| 7. | **Waivers.** Maker and all endorsers and guarantors of, and sureties for, this Note waive presentment for payment, demand, notice of dishonor, protest, and notice of protest with regard to the Note, all errors, defects and imperfections in any proceedings instituted by Payees under the terms of this Note, and all benefits that might accrue to Maker by virtue of any present or future laws exempting any property, real or personal, or any part of the proceeds arising from any sale of any such property, from attachment, levy or sale under execution, or providing for any stay of execution, exemption from civil process, or extension of time for payment; and Maker agrees that any real estate that may be levied upon pursuant to a judgment obtained by virtue hereof, on any writ of execution issued hereon, may be sold upon any such writ in whole or in part in any order desired by Payees. | **Waivers.** Maker and all endorsers and guarantors of, and sureties for, this Note waive presentment for payment, demand, notice of dishonor, protest, and notice of protest with regard to the Note, all errors, defects and imperfections in any proceedings instituted by Payees under the terms of this Note, and all benefits that might accrue to Maker by virtue of any present or future laws exempting any property, real or personal, or any part of the proceeds arising from any sale of any such property, from attachment, levy or sale under execution, or providing for any stay of execution, exemption from civil process, or extension of time for payment; and Maker agrees that any real estate that may be levied upon pursuant to a judgment obtained by virtue hereof, on any writ of execution issued hereon, may be sold upon any such writ in whole or in part in any order desired by Payees. |
| 8. | **Unconditional Liability.** Maker hereby waives all notices in connection with the delivery, acceptance, performance, default, or enforcement of the payment of this Note, and agrees that its liability shall be unconditional, without regard to the liability of any other party, and shall not be affected in any manner by any indulgence, extension of time, renewal, waiver or modification granted or consented to by Payees, and consents to any and all extensions of time, renewals, waivers, or modifications that may be granted by Payees with respect to the payment or other provisions of this Note, and agrees that additional makers, endorsers, guarantors, or sureties may become parties hereto without notice to Maker or affecting Maker's liability hereunder. | **Unconditional Liability.** Maker hereby waives all notices in connection with the delivery, acceptance, performance, default, or enforcement of the payment of this Note, and agrees that its liability shall be unconditional, without regard to the liability of any other party, and shall not be affected in any manner by any indulgence, extension of time, renewal, waiver or modification granted or consented to by Payees, and consents to any and all extensions of time, renewals, waivers, or modifications that may be granted by Payees with respect to the payment or other provisions of this Note, and agrees that additional makers, endorsers, guarantors, or sureties may become parties hereto without notice to Maker or affecting Maker's liability hereunder. |
| 9. | **Notices.** Any notice called for hereunder shall be deemed properly given if (i) sent by certified mail, return receipt requested, (ii) personally delivered, (iii) dispatched by any form of private or governmental express mail or delivery service providing receipted delivery, (iv) sent by facsimile or (v) sent by e-mail to the following addresses or to such other address as either party may designate by notice in accordance with this Section: | **Notices.** Any notice called for hereunder shall be deemed properly given if (i) sent by certified mail, return receipt requested, (ii) personally delivered, (iii) dispatched by any form of private or governmental express mail or delivery service providing receipted delivery, (iv) sent by facsimile or (v) sent by e-mail to the following addresses or to such other address as either party may designate by notice in accordance with this Section: |

---

If to Maker:

Bayview Acquisition Corp

420 Lexington Ave, Suite 2446

New York, NY 10170

Attn: Xin Wang

If to Payees:

Oabay Inc.

AsiaFactor(CN) Co., Ltd

Address: [ ]

Notice shall be deemed given on the earlier of (i) actual receipt by the receiving party, (ii) the date shown on a facsimile transmission confirmation, (iii) the date reflected on a signed delivery receipt, or (iv) two (2) business days following tender of delivery or dispatch by express mail or delivery service.

10. **Construction.** THIS NOTE SHALL BE CONSTRUED AND ENFORCED IN ACCORDANCE WITH THE LAWS OF NEW YORK, WITHOUT
 REGARD TO CONFLICT OF LAW PROVISIONS THEREOF.

11. **Jurisdiction.** The courts of New York have exclusive jurisdiction to settle any dispute arising out of or in connection with this agreement
 (including a dispute relating to any non-contractual obligations arising out of or in connection with this agreement) and the parties
 submit to the exclusive jurisdiction of the courts of New York.

12. **Severability.** Any provision contained in this Note which is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction,
 be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any
 such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other
 jurisdiction.

**13.** **No Claims Against Trust Account.** The Payees have been provided a copy of the Prospectus. The Payees hereby waive any and all right,
 title, interest or claim of any kind **(**"**Claim**") in or to any amounts contained in the trust account in which
 the proceeds of the initial public offering (the "**IPO**") conducted by Bayview Acquisition Corp and the proceeds
 of the sale of securities in a private placement that occurred prior to the effectiveness of the IPO, as described in greater detail
 in the Prospectus, were placed, and hereby agrees not to seek recourse, reimbursement, payment or satisfaction for any Claim from
 the trust account or any distribution therefrom for any reason whatsoever.

14. **Amendment; Waiver.** Any amendment hereto or waiver of any provision hereof may be made with, and only with, the written consent of the Maker
 and the Payees.

15. **Assignment.** No assignment or transfer of this Note or any rights or obligations hereunder may be made by any party hereto (by operation of
 law or otherwise) without the prior written consent of the other party hereto and any attempted assignment without the required consent
 shall be void.

16. **Further Assurance.** The Maker shall, at its own cost and expense, execute and do (or procure to be executed and done by any other necessary
 party) all such deeds, documents, acts and things as the Payees may from time to time require as may be necessary to give full effect
 to this Promissory Note.

 

*[The rest of this page is intentionally left blank]*

IN WITNESS WHEREOF, Maker, intending to be legally bound hereby, has caused this Note to be duly executed by its Chief Executive Officer the day and year first above written.

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| | |
|:---|:---|
| **Bayview Acquisition Corp**  | **Bayview Acquisition Corp**  |
| By: | /s/ Xin Wang |
| Name: | Xin Wang |
| Title: | Chief Executive Officer |

---

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| | |
|:---|:---|
| **<u>ACCEPTED AND AGREED:</u>** | **<u>ACCEPTED AND AGREED:</u>** |
| **Oabay Inc.** | **Oabay Inc.** |
| **AsiaFactor(CN) Co., Ltd** | **AsiaFactor(CN) Co., Ltd** |
| By: | */s/ Xiaoling Li* |
| Name: | Xiaoling Li |

---