--- title: "BAYVIEW ACQUISITION CORPORATION COM USD0.0001 (S/R) | 10-K: FY2025 Revenue: USD 0" type: "News" locale: "en" url: "https://longbridge.com/en/news/279094668.md" datetime: "2026-03-13T21:24:20.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/279094668.md) - [en](https://longbridge.com/en/news/279094668.md) - [zh-HK](https://longbridge.com/zh-HK/news/279094668.md) --- # BAYVIEW ACQUISITION CORPORATION COM USD0.0001 (S/R) | 10-K: FY2025 Revenue: USD 0 Revenue: As of FY2025, the actual value is USD 0. EBIT: As of FY2025, the actual value is USD -2.176 M. #### Net Income - For the year ended December 31, 2025, Net Income was $202,599, a decrease from $1,752,975 for the year ended December 31, 2024. #### Other Income (Interest and Dividend Earned) - Other Income, primarily from marketable securities in the trust account, was $1,189,102 for the year ended December 31, 2025, down from $2,780,145 for the year ended December 31, 2024. #### Formation and Operating Costs - Formation and Operating Costs decreased to $986,503 for the year ended December 31, 2025, from $1,027,170 for the year ended December 31, 2024. #### Cash and Cash Equivalents - Cash and Cash Equivalents were $44,129 as of December 31, 2025, a decrease from $93,620 as of December 31, 2024. #### Working Capital Deficit - As of December 31, 2025, the company reported a Working Capital Deficit of -$3,414,654. #### Investments Held in Trust Account - Investments Held in Trust Account decreased significantly to $11,710,990 as of December 31, 2025, from $39,582,820 as of December 31, 2024. #### Cash Held in Escrow Account - Cash Held in Escrow Account was $50,000 as of December 31, 2025. #### Promissory Notes – Extension - Promissory Notes – Extension increased to $1,775,000 as of December 31, 2025, from $500,000 as of December 31, 2024. #### Total Current Liabilities - Total Current Liabilities increased to $3,467,119 as of December 31, 2025, from $1,280,893 as of December 31, 2024. #### Deferred Underwriting Commission Payable - Deferred Underwriting Commission Payable remained consistent at $2,100,000 as of both December 31, 2025, and December 31, 2024. #### Total Liabilities - Total Liabilities increased to $5,567,119 as of December 31, 2025, from $3,380,893 as of December 31, 2024. #### Total Shareholders’ Deficit - Total Shareholders’ Deficit worsened to -$5,514,654 as of December 31, 2025, from -$3,255,926 as of December 31, 2024. #### Share Redemptions - On September 16, 2024, 2,290,989 Ordinary Shares were redeemed for approximately $23,803,376. - On June 17, 2025, 1,975,249 Ordinary Shares were redeemed for approximately $21,826,501. - On December 12, 2025, 727,970 Ordinary Shares were redeemed for approximately $8,456,654. #### Outlook / Guidance BAYVIEW ACQUISITION CORP, a blank check company, does not generate operating revenues and expects this to continue until its initial business combination is completed, focusing on organizational efforts and identifying a target company. The company has until June 19, 2026, to complete a business combination, having extended its Merger Agreement with Oabay Holding Company to June 15, 2026. Anticipated liquidity requirements prior to completion include approximately $200,000 for business combination fees, $100,000 for regulatory reporting, $120,000 for administrative services, $55,000 for NASDAQ listing fees, and $100,000 for miscellaneous expenses, with potential loans from founders or affiliates for working capital and transaction costs. ### Related Stocks - [BAYAR.US](https://longbridge.com/en/quote/BAYAR.US.md) ## Related News & Research - [Prince Edward Island's Deficit Persists to Support Provincial Economy, Says National Bank](https://longbridge.com/en/news/282835317.md) - [12:15 ETDid Metagenomi Therapeutics, Inc. Insiders Breach their Fiduciary Duties to Shareholders?](https://longbridge.com/en/news/282569895.md) - [12:18 ETCardVault by Tom Brady Transforms into "ChromeVault" Nationwide in Celebration of 2025 Topps Chrome Football Release](https://longbridge.com/en/news/282722743.md) - [14:12 ETGORGIE DROPS NEW CANDY TWIST FLAVOR, BRINGING A PLAYFUL TAKE ON BETTER-FOR-YOU ENERGY](https://longbridge.com/en/news/282731679.md) - [12:19 ETHelloNation Discusses Safe Trench Drain Cleaning, Featuring Drain Expert Michael Schroer](https://longbridge.com/en/news/282722944.md)