- CEO
- Xin Wang
- Full Time Employees
- 2
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 420 Lexington Avenue New York City Cayman Islands
- IPO Date
- Dec 16, 2013
- Business
- Bayview Acquisition Corp Bayview Acquisition Corp is a blank check company whose sole purpose is to effect a merger, share exchange, asset acquisition, share purchase, reorganization, recapitalization, or similar business combination with one or more businesses or entities; it currently conducts no significant operations of its own. Incorporated as a Cayman Islands exempted company in 2023 and headquartered at 420 Lexington Avenue, Suite 2446, New York, New York, United States, the company focuses primarily on private companies in Asia, particularly those with compelling economics, paths to positive operating cash flow, significant assets, and proven management teams seeking U.S. public market access. Bayview Acquisition Corp's securities include Class A ordinary shares (NASDAQ: BAYA), units (NASDAQ: BAYAU), and rights (NASDAQ: BAYAR), each entitling holders to one-tenth of one ordinary share upon certain conditions. In June 2024, Bayview Acquisition Corp entered into a definitive merger agreement with Oabay Inc., a China-based provider of credit digital transformation solutions in enterprise trade credit, structured through a series of mergers to create a publicly traded entity at an implied initial enterprise value of approximately $393 million, subject to shareholder approval and other closing conditions; the transaction remains pending as of late 2025 amid multiple trust account extensions, including a $100,000 deposit in November 2025 extending the business combination deadline to December 19, 2025, alongside unsecured promissory note financings totaling $600,000 from Oabay Inc. and AsiaFactor Co., Ltd. to support ongoing efforts. The company has also faced a Nasdaq deficiency notice for failing to meet the minimum $50 million market value requirement but continues trading without immediate delisting risk.