Bayview Acquisition Corp Announces the Separate Trading of its Ordinary Shares and Rights Commencing December 28, 2023
December 27 2023 - 4:00PM
Bayview Acquisition Corp (the “Company” or “we”) announced that,
commencing December 28, 2023, holders of the 6,000,000 units sold
in the Company’s initial public offering may elect to separately
trade the ordinary shares and rights included in the units. Any
units not separated will continue to trade on The Nasdaq Global
Market (“Nasdaq”) under the symbol “BAYAU,” and the separated
ordinary shares and rights are expected to trade on Nasdaq under
the symbols “BAYA” and “BAYAR,” respectively. Holders of units will
need to have their brokers contact Equiniti Trust Company, LLC, the
Company’s transfer agent, in order to separate the units into
ordinary shares and rights.
The units were initially offered by the Company
in an underwritten offering. Chardan Capital Markets, LLC acted as
sole book-running manager of the offering. Registration statements
relating to the units and the underlying securities became
effective on December 14, 2023.
This press release shall not constitute an offer
to sell or the solicitation of an offer to buy, nor shall there be
any sale of these securities in any state or jurisdiction in which
such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such
state or jurisdiction.
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 we
will not be limited to a particular industry or geographic region
in our identification and acquisition of a target company, we
intend to focus our search on businesses in Asia.
Forward-Looking Statements
This press release contains statements that
constitute “forward-looking statements,” including with respect to
the anticipated separation of the units into ordinary shares and
rights. No assurance can be given that the units will be separated
as indicated. Forward-looking statements are subject to numerous
conditions, many of which are beyond the control of the Company,
including those set forth in the Risk Factors section of the
Company’s registration statement and final prospectus relating to
the Company’s initial public offering filed with the U.S.
Securities and Exchange Commission (the “SEC”). Copies are
available on the SEC’s website, www.sec.gov. The Company undertakes
no obligation to update these statements for revisions or changes
after the date of this release, except as required by law.
Investor Contact:
Taylor ZhangEmail:
taylorzhang@irimpact.com203-998-5540
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