| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash | 38,342 | 50,675 | ||
| Prepaid expenses | 25,183 | 45,996 | ||
| Total current assets | 63,525 | 96,671 | ||
| Investments held in trust account | 19,788,493 | 19,188,028 | ||
| Cash held in escrow account | - | 100,000 | ||
| Total assets | 19,852,018 | 19,384,699 | ||
| Accrued expenses | 823,211 | 734,009 | ||
| Promissory note extension | 1,525,000 | 1,225,000 | ||
| Payable to target | 513,020 | 447,110 | ||
| Due to related party-Related Party | 150,222 | 120,111 | ||
| Total current liabilities | 3,011,453 | 2,526,230 | ||
| Deferred underwriting commission payable | 2,100,000 | 2,100,000 | ||
| Total liabilities | 5,111,453 | 4,626,230 | ||
| Ordinary shares subject to possible redemption (1,733,762 and 3,709,011 shares at redemption value of 11.41 and 10.67 as of september 30, 2025 and december 31, 2024, respectively) | 19,788,493 | 19,288,028 | ||
| Ordinary shares, 0.0001 par value 200,000,000 shares authorized 1,732,500 shares issued and outstanding (excluding 1,733,762 and 3,709,011 shares subject to possible redemption) at september 30, 2025 and december 31, 2024, respectively | 173 | 173 | ||
| Additional paid-in capital | - | 0 | ||
| Accumulated deficit | -5,048,101 | -4,529,732 | ||
| Total shareholders deficit | -5,047,928 | -4,529,559 | ||
| Total liabilities and shareholders deficit | 19,852,018 | 19,384,699 | ||
Bayview Acquisition Corp (BAYAR)
Bayview Acquisition Corp (BAYAR)