Bayview Acquisition registered to offer 5 million units at $10 each. A unit consists of a share and one right to receive one-tenth of a share upon the completion of an initial business combination.
The sponsors of the Asia-focused SPAC currently own 1,437,500 shares (up to 187,500 of which are subject to forfeiture depending on the extent to which the underwriters’ over-allotment option is exercised). Bayview Holding owns 474,375 shares and Peace Investment Holdings Limited owns 963,125 shares.
Bayview has applied to list on the Nasdaq Global under the symbol BAYAU.
CEO and Director Xin Wang has served as managing partner of Bohai Harvest RST (Shanghai) Equity Investment Management since January 2015. Previously, she was an associate at two international law firms. Wang has also served as a director of Atomic47 since April 2019. Ms. Wang received her Bachelor’s degree in Commerce from McGill University and a law degree from Boston University School of Law.
Chardan Capital Markets is sole bookrunning manager on this deal. Read more.
