Bayview Acquisition Corp (BAYAU) Prices Upsized $60M IPO
Bayview Acquisition Corp (NASDAQ: BAYAU) announced the pricing of its $60 million IPO this evening. Its units are expected to begin trading on the Nasdaq under the symbol “BAYAU” on Friday, December 15, 2023. After the securities comprising the units begin separate trading, the Class A ordinary shares and rights are expected to be listed on the Nasdaq under the symbols “BAYA” and “BAYAR”, respectively.
The company will not be limited to a particular industry or geographic region in our identification and acquisition of a target company, they intend to focus their search on businesses in Asia. Bayview Acquisition Corp is led by its CEO Xin Wang and CFO David Bamper. The company’s board of directors includes Yuk Man Lau, Dajiang Guo, Guohan Li, and John DeVito.
Total SPAC deal count for 2023 year-to-date is now 30. This offering is expected to close on Tuesday, December 19, 2023.
Chardan Capital Markets, LLC acted as sole book running manager in the offering. Winston & Strawn LLP is serving as Issuer’s Counsel with Kirkland & Ellis LLP serving as Underwriter’s Counsel. UHY LLP serves as auditor. American Stock Transfer & Trust Company is acting as trustee.