Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-balance Sheet Arrangement of a Registrant. The disclosure contained in Item 5.07 of this Current Report on Form 8-K is incorporated herein by reference.
BAYA Bayview Acquisition Corp - 8-K
Accession
0001493152-26-0271282.035.035.077.019.01
Item 2.03 - Creation of a Direct Financial Obligation
37 words
Item 5.03 - Amendments to Articles of Incorporation or Bylaws
31 words
Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. The disclosure contained in Item 5.07 of this Current Report on Form 8-K is incorporated herein by reference.
Item 5.07 - Submission of Matters to a Vote of Security Holders
662 words
Item 5.07 Submission of Matters to a Vote of Security Holders On May 28, 2026, Bayview Acquisition Corp (the “ Company ”) held an extraordinary general meeting of shareholders (the “ Extraordinary General Meeting ”) virtually and in person, solely with respect to voting on (i) the proposal to extend the date by which the Company must complete its initial business combination from June 19, 2026 (the “ Termination Date ”) to December 19, 2026, with all six extensions comprised of one month each (each an “ Extension ”) (the “ Extension Amendment Proposal ”) and (ii) the proposal to amend the Company’s investment management trust agreement, dated December 14, 2023 by and between the Company and Equiniti Trust Company, LLC (the “ Trustee ”) to allow the Company to extend the Termination Date up to six times from the Termination Date to December 19, 2026 with all six extensions comprised of one month each by providing five days’ advance notice to the Trustee and depositing into the Trust Account a payment of $50,000 per extension until December 19, 2026. A total of 2,291,094 of the Company’s ordinary shares (the “ Ordinary Shares ”) or approximately 83.67% of the Company’s outstanding shares as of May 4, 2026, the record date for the Extraordinary General Meeting, were represented virtually or by proxy at the Extraordinary General Meeting. The following is a brief description of the final voting results for each of the proposals submitted to a vote of the shareholders at the Extraordinary General Meeting. Extension Amendment Proposal To consider and vote upon a proposal, by special resolution, to amend the Company’s Second Amended and Restated Memorandum and Articles of Association, dated as of September 16, 2024 and further amended by special resolutions passed on June 17, 2025 and December 12, 2025, by adopting an amendment to the Company’s Second Amended and Restated Memorandum and Articles of Association which reflects the extension of the date by which the Company must consummate a business combination up to six times from the Termination Date with all six Extensions comprised of one month each. The Extension Amendment Proposal was approved. The voting results of the shares of the Ordinary Shares were as follows: For Against Abstentions 2,291,094 0 0 Trust Agreement Amendment Proposal To consider and vote upon a proposal, to amend the Company’s investment management trust agreement, dated as of December 14, 2023, by and between the Company and the Trustee to allow the Company to extend the Termination Date up to six times from the Termination Date to December 19, 2026, with all six extensions comprised of one month each by providing five days’ advance notice to the Trustee and depositing into the Trust Account a payment of $50,000 per Extension until December 19, 2026. The Trust Agreement Amendment Proposal was approved. The voting results of the shares of the Ordinary Shares were as follows: For Against Abstentions 2,291,094 0 0 The Adjournment Proposal To consider and vote upon a proposal, by ordinary resolution, to direct the chairman of the Extraordinary General Meeting to adjourn the Extraordinary General Meeting to a later date or dates, if necessary or convenient, either (x) to permit further solicitation and vote of proxies in the event that there are insufficient votes for, or otherwise in connection with, the approval of the Extension Amendment Proposal and the Trust Agreement Amendment Proposal or (y) if our board of directors determines before the Extraordinary General Meeting that it is not necessary or no longer desirable to proceed with the Extension Amendment Proposal and the Trust Agreement Amendment Proposal. The Adjournment Proposal was not acted upon at the Extraordinary General Meeting. Redemptions In connection with the vote to approve the Extension Amendment Proposal and the Trust Agreement Amendment Proposal, ten holders of 124,156 Ordinary Shares properly exercised their rights to redeem their shares for cash at a redemption price of approximately $12.03 per share, for an aggregate redemption amount of approximately $1,493,596.68.
Item 7.01 - Regulation FD Disclosure
137 words · Exhibit 99.1 attached
Item 7.01 Regulation FD Disclosure. On June 3, 2026, the Company issued a press release (the “ Press Release ”) announcing the results of the Extraordinary General Meeting, including approval of the extension and related limited redemptions. A copy of the Press Release is attached as Exhibit 99.1 and is incorporated herein by reference. The information under this Item 7.01, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, (the “ Exchange Act ”) or otherwise subject to the liabilities of that section, and shall not be deemed to be incorporated by reference into the filings of the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Exhibit 99.1 · 657 words
EX-99.1 3 ex99-1.htm EX-99.1 Exhibit 99.1 Bayview Acquisition Corp Announces Shareholder Approval of Extension and Minimal Redemptions at Extraordinary General Meeting New York, NY, June 3, 2026 (GLOBE NEWSWIRE) - Bayview Acquisition Corp (NASDAQ: BAYA, BAYAU, and BAYAR) (the “ Company ”) announced that, at its extraordinary general meeting of shareholders held on May 28, 2026 (the “Meeting”), its shareholders approved the proposals to extend the deadline by which the Company must complete its initial business combination, and that redemptions in connection with the vote were limited. At the Meeting, holders of 2,291,094 ordinary shares - approximately 83.67% of the Company’s outstanding shares as of the May 4, 2026 record date - were represented virtually or by proxy. Both (i) the proposal to extend the date by which the Company must complete its initial business combination from June 19, 2026 to December 19, 2026, with all six extensions comprised of one month each and (ii) the proposal to amend the Company’s investment management trust agreement, dated December 14, 2023 by and between the Company and Equiniti Trust Company, LLC to allow the Company to extend the date by which it must consummate an initial business combination from June 19, 2026 by up to six one-month extensions, to as late as December 19, 2026, with a deposit of $50,000 into the Company’s trust account for each one-month extension. In connection with the vote, ten (10) holders of only 124,156 ordinary shares, representing less than 5% of total shares outstanding, exercised their right to redeem their shares for cash, at a redemption price of approximately $12.03 per share, for an aggregate redemption amount of approximately $1.49 million. “We appreciate the strong support our shareholders showed for the extension, and the low level of redemptions reflects their continued confidence in Bayview as we work toward an initial business combination with Oabay Inc.,” said Xin Wang, Chief Executive Officer of Bayview. “We remain focused on completing a transaction that delivers value to our shareholders.” About Bayview Acquisition Corp Bayview Acquisition Corp is a blank check company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. While the company is not limited to a particular industry or geographic region in its identification and acquisition of a target company, the company has focused its search on businesses throughout Asia. About Oabay Inc. Oabay Inc. (“Oabay”) provides trade credit digital transformation solutions that primarily consist of two types of services: supply chain finance cloud services and trade credit management cloud services. Leveraging and building upon its experience in accounts receivable factoring and enterprise credit digitalization for small-to-medium-sized enterprises, Oabay offers supply chain financing to critically and strategically positioned companies, and optimizes the process to produce credit assets within supply chains for financial institutions and other companies with improved efficiency and savings. Oabay has more than ten years of operating history and is a pioneer in the Chinese trade credit technology solutions industry. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements include, but are not limited to, statements regarding the Company’s ability to complete its business combination with Oabay. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by these forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. For investor and media inquiries, please contact: Bayview Acquisition Corp Xin Wang, CEO Email: [email protected] Tel.: 203-998-5540
Item 9.01 - Financial Statements and Exhibits
56 words
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. The following exhibits are filed with this Form 8-K: Exhibit No. Description of Exhibits 3.1 Form of Amendment to the Second Amended and Restated Articles and Memorandum of Association 99.1 Press Release, dated June 3, 2026 104 Cover Page Interactive Data File (embedded within the inline XBRL Document).