Bayview Acquisition Corp [BAYAU]
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Bayview Acquisition Corp Units bundle common stock, warrants, and potentially rights issued together during the SPAC's initial public offering, providing diversified exposure through a single security. Each unit typically consists of one common share plus fractional warrants and possibly rights. Units trade under BAYAU during the initial period before separation into individual securities. Unit packaging simplifies marketing, enhances offering attractiveness, and provides flexibility for subsequent component separation. Pricing reflects aggregate values adjusted for optionality and market sentiment. Investors decide whether to hold through combination, separate for trading, or redeem if targets disappoint.