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BRIEF-Bayview Acquisition Announces Entry Into A Merger Agreement With Oabay Inc Creating A Publicly Traded Enterprise Trade Credit Digital Transformation Solutions Company
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BRIEF-Bayview Acquisition Announces Entry Into A Merger Agreement With Oabay Inc Creating A Publicly Traded Enterprise Trade Credit Digital Transformation Solutions Company
Jun 7, 2024 3:04 PM

June 7 (Reuters) - Bayview Acquisition Corp ( BAYA ):

* BAYVIEW ACQUISITION CORP ANNOUNCES ENTRY INTO A MERGER

AGREEMENT

WITH OABAY INC., CREATING A PUBLICLY TRADED ENTERPRISE TRADE

CREDIT DIGITAL TRANSFORMATION SOLUTIONS COMPANY

* BAYVIEW ACQUISITION CORP ( BAYA ) - OABAY INC. TO RECEIVE US$300

MILLION

IN EQUITY OF OABAY HOLDING COMPANY

* BAYVIEW ACQUISITION CORP ( BAYA ) - COMBINED COMPANY WILL HAVE AN

IMPLIED

INITIAL ENTERPRISE VALUE OF APPROXIMATELY US$393 MILLION

* BAYVIEW ACQUISITION CORP ( BAYA ) - UPON CLOSING OF MERGERS, PUBCO

IS

EXPECTED TO BECOME A NASDAQ-LISTED PUBLIC COMPANY TRADING UNDER

A NEW TICKER SYMBOL

* BAYVIEW ACQUISITION CORP ( BAYA ) - OABAY INC. MERGER TO CLOSE H2

2024

Source text for Eikon:

Further company coverage:

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