Bayview Acquisition Corp, a Cayman Islands exempted corporation, has received a written notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC indicating that the company is not in compliance with Nasdaq Listing Rule 5450(b)(2)(B), which requires maintaining a minimum of 1,100,000 publicly held shares for continued listing. This notice follows a previous communication on February 19, 2026, regarding the company's potential delisting. In response, Bayview Acquisition Corp has requested a hearing before a Nasdaq Hearings Panel to appeal the determination. The hearing is scheduled for March 31, 2026. The company had previously submitted an application to transfer its listing from The Nasdaq Global Market to The Nasdaq Capital Market, believing this move would help address the deficiencies outlined by Nasdaq. However, there is no guarantee that the transfer application will be approved or that the company will regain compliance with the listing rules. The company is classified as an emerging growth company and has indicated that it has not elected to use the extended transition period for complying with new or revised financial accounting standards. The situation poses a significant risk to the company's stock price and investor confidence, as the potential delisting could lead to reduced liquidity and increased volatility in its shares.

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