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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
current
report
pursuant
to section 13 or 15(D)
of
the securities exchange act of 1934
Date
of Report (Date of earliest event reported): February
19, 2026
Bayview
Acquisition Corp
(Exact
name of registrant as specified in its charter)
| Cayman
Islands |
|
001-41890 |
|
N/A
00-0000000 |
(State
or other jurisdiction
of incorporation) |
|
(Commission
File Number) |
|
(I.R.S.
Employer
Identification Number) |
420
Lexington Ave, Suite
2446
New
York, NY
10170
(Address
of principal executive offices, including zip code)
Registrant’s
telephone number, including area code (347)
627-0058
Not
Applicable
(Former name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
| ☐ |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| |
|
| ☐ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| |
|
| ☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| |
|
| ☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities
registered pursuant to Section 12(b) of the Securities Exchange Act of 1934:
| Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
| Units,
each consisting of one ordinary share and one right |
|
BAYAU |
|
The
Nasdaq Stock Market LLC |
| Ordinary
Shares, par value $0.0001 per share |
|
BAYA |
|
The
Nasdaq Stock Market LLC |
| Rights,
each right entitling the holder thereof to one-tenth of one ordinary share |
|
BAYAR |
|
The
Nasdaq Stock Market LLC |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☒
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act
Item
3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
As
previously disclosed in Bayview Acquisition Corp’s, a Cayman Islands exempted corporation (the “Company”) Current Report
on Form 8-K filed with the Securities and Exchange Commission (the “SEC”) on August 26, 2025, the Company received a written
notice from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying
the Company that the Company is not in compliance with Nasdaq Listing Rule 5450(b)(2)(A) (“the MVLS Rule”), which requires
the Company to maintain a minimum Market Value of Listed Securities of $50.0 million.
On
February 19, 2026, the Company received a written notice (the “Notice”) from the Staff notifying the Company that the Company
has not regained compliance with the MVLS Rule, and also that the Company is not in compliance with Nasdaq Listing Rules 5450(b)(2)(C),
5810(c)(3)(D), 5810(b), and 5505 (collectively, the “MVPHS Rules”), which require the Company to maintain a minimum Market
Value of Publicly Held Shares of $15.0 million, and Nasdaq Listing Rule 5620(a) (the “Annual Meeting Rule”), which requires
the Company to hold an annual meeting of shareholders within twelve months of the end of its fiscal year. Accordingly, the Staff determined
that the Company’s securities will be delisted from The Nasdaq Global Market unless the Company requests an appeal of this determination
by February 26, 2026. The Notice states that if the Company does not appeal the Staff’s delisting determination by that date, trading
of the Company’s common stock will be suspended at the opening of business on March 2, 2026, and a Form 25-NSE will be filed with
the SEC, which will remove the Company’s securities from listing and registration on The Nasdaq Stock Market.
The
Company intends to appeal the Staff’s delisting determination to a Nasdaq Hearings Panel (the “Panel”) by February
26, 2026, and a hearing request will stay the suspension of the Company’s securities and the filing of the Form 25-NSE pending
the Panel’s decision. However, there can be no assurance that such appeal would be successful.
Forward-Looking
Statements
This
Current Report on Form 8-K includes “forward-looking statements” within the meaning of the safe harbor provisions of the
United States Private Securities Litigation Reform Act of 1995. Certain of these forward-looking statements can be identified by the
use of words such as “believes,” “expects,” “intends,” “plans,” “estimates,”
“assumes,” “may,” “should,” “will,” “seeks,” or other similar expressions.
Such statements are subject to certain risks and uncertainties that may cause the Company’s actual results to differ from the expectations
expressed in the forward-looking statements. There can be no assurance that the Company will achieve such expectations, including the
Company’s ability to successfully appeal a delisting determination and the Company’s ability to resolve the deficiency under
the MVLS Rule, the MVPHS Rules, and the Annual Meeting Rule. The forward-looking statements contained in this report speak only as of
the date of this report and the Company undertakes no obligation to publicly update any forward-looking statements to reflect changes
in information, events or circumstances after the date of this report, unless required by law.
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
| |
BAYVIEW
ACQUISITION CORP |
| |
|
|
| Date:
February 20, 2026 |
By: |
/s/
Xin Wang |
| |
Name: |
Xin
Wang |
| |
Title: |
Chief
Executive Officer |
