Bayview Acquisition Corp to merge with Oabay in $300M SPAC deal; enterprise value ~$393M

Bayview Acquisition Corp

Oabay shareholders to receive $300 million in PubCo equity; implied initial enterprise value ~$393 million.
Transaction expected to close in second half of 2024; subject to regulatory and shareholder approvals.
Oabay provides trade credit digital transformation solutions, including supply chain finance and credit management in China.
Post-closing, PubCo to list on NASDAQ under new ticker; Oabay management to lead combined company.

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