Bayview Acquisition Corp shareholders approve extension to June 2025; 2.3M shares redeemed for $23.8M

Bayview Acquisition Corp

Extension Amendment Proposal approved: deadline moved from Sept 19, 2024 to June 19, 2025 with up to nine monthly extensions.
Trust Agreement Amendment Proposal approved, requiring $125,000 deposit per month into trust account for each extension.
Votes: 5,262,297 For, 1,030,318 Against on both proposals (no abstentions).
Redemptions: 2,290,989 shares at ~$10.39 each, aggregate ~$23.8 million redeemed for cash.
Total shares represented at meeting: 6,292,615 (81.38% of outstanding), implying high redemption percentage (~29.6% of total shares).

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