---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-023717"
form_type: "8-K"
ticker: "BAYA"
cik: "0001969475"
company_name: "Bayview Acquisition Corp"
filed_at: "2024-06-13T23:59:59+00:00"
generated_at: "2026-06-01T04:42:35.346836+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Bayview Acquisition Corp (BAYA) to combine with Oabay; earnout up to 6M shares based on revenue targets

## Summary
- Definitive merger agreement signed June 7, 2024; Oabay shareholders to receive PubCo ordinary shares at an exchange ratio.
- Earnout: up to 6M PubCo Class B shares if 2024 revenue > RMB 436M and 2025 revenue > RMB 583M (or catch-up if 2025 > RMB 1,019M).
- Oabay must obtain at least $15M in transaction financing; SPAC to use reasonable efforts for additional financing.
- Closing conditions include SPAC and Oabay shareholder approvals, SEC registration statement effectiveness, and Nasdaq listing of PubCo shares.
- Outside date for closing: June 15, 2025; agreement may be terminated earlier under specified conditions.

## SEC filing metadata
- accession: 0001493152-24-023717
- form_type: 8-K
- ticker: BAYA
- cik: 0001969475
- company_name: Bayview Acquisition Corp
- filed_at: 2024-06-13T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1969475/000149315224023717/0001493152-24-023717-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1969475/000149315224023717/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-023717
- JSON: https://secwatch.observer/filing/0001493152-24-023717.json
- Plain text: https://secwatch.observer/filing/0001493152-24-023717.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.