Bayview Acquisition Corp 8-K

What Happened

• Bayview Acquisition Corp (BAYA) filed an 8‑K stating that on February 19, 2026 Nasdaq's Listing Qualifications Staff determined to delist the Company's securities. The Company timely requested a hearing, and a Nasdaq Hearings Panel hearing is scheduled for March 31, 2026 at 11:00 a.m. ET (video conference).
• The Company previously submitted a Transfer Application on December 16, 2025 to move its listing from The Nasdaq Global Market to The Nasdaq Capital Market, which it believes could help cure deficiencies under Nasdaq Listing Rules 5450(b)(2)(A) (market value of listed securities) and 5450(a)(2) (minimum public holders), but there is no assurance the Transfer Application will be approved.
• On March 19, 2026 the Company received a written notice that it is not in compliance with Nasdaq Listing Rule 5450(b)(2)(B) (the PHS Rule), which requires maintaining at least 1,100,000 publicly held shares; Bayview will present its views on this deficiency at the hearing under Nasdaq Rule 5810(d).

Key Details

• Delisting notice received from Nasdaq: February 19, 2026.
• Transfer Application filed: December 16, 2025 (Global Market → Capital Market).
• Hearing scheduled: March 31, 2026, 11:00 a.m. ET (video conference).
• Publicly held shares requirement cited (PHS Rule): minimum 1,100,000 shares; non‑compliance notice received March 19, 2026.

Why It Matters

• A Nasdaq delisting determination is material because it may affect the liquidity and trading venue for BAYA shares and could put downward pressure on the share price.
• The outcome of the March 31 hearing and the approval or denial of the Transfer Application will determine whether Bayview can regain compliance with Nasdaq listing rules. The company stated it will use reasonable efforts to cure deficiencies but gave no assurance of success.
• Investors should monitor subsequent filings and the hearing outcome for updates, because continued noncompliance could lead to delisting and related market impacts.