Company: BWNB
Filing Date: 2025-11-05
Form Type: 424B5
Source: 0001104659-25-106685
Chunk: 5

Company: Babcock & Wilcox Enterprises, Inc.
Filing Date: 2025-11-05
Form: 424B5
Chunk 5
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crises; the cyclical nature of the industries in which we operate; changes in the legislative and regulatory environment in which we operate;
supply chain issues, including shortages of adequate components; failure to properly estimate customer demand; our ability to comply with
the covenants in our debt agreements; our ability to improve our financial position or to obtain additional capital or refinance any of
our debt in the future on commercially reasonable terms or at all; our ability to maintain adequate bonding and letter of credit capacity;
impairment of goodwill or other indefinite-lived intangible assets; credit risk; disruptions in, or failures of, our information systems;
our ability to comply with privacy and information security laws; our ability to protect our intellectual property and use the intellectual
property that we license from third parties; risks related to our international operations, including fluctuations in the value of foreign
currencies, current and future changes to global tariffs, sanctions and export controls that could harm our profitability; volatility
in the price of our Common Stock; B. Riley’s significant influence over us; changes in tax rates or tax law; our ability to use
net operating loss and certain tax credits; our ability to maintain effective internal control over financial reporting; our ability to
attract and retain skilled personnel and senior management; labor problems, including negotiations with labor unions and possible work
stoppages; risks associated with our retirement benefit plans; natural disasters or other events beyond our control, such as war, armed
conflicts or terrorist attacks; and the risks and uncertainties described under the heading “Risk Factors” in our periodic
reports filed with the SEC, including our most recent Annual Report on Form 10-K and our Quarterly Report on Form 10-Q for the quarter
ended June 30, 2025, as such risk factors may be amended, supplemented or superseded from time to time by other reports we file with the
SEC, as well as this prospectus supplement.

These forward-looking statements
are made based upon detailed assumptions and reflect management’s current expectations and beliefs. While we believe that these
assumptions underlying the forward-looking statements are reasonable, forward-looking statements are subject to uncertainties and factors
relating to our operations and business environment that are difficult to predict and may be beyond our control. Such uncertainties and
factors may cause actual results to differ materially from those expressed or implied by the forward-looking statements.

The forward-looking statements
included herein are made only as of the date of this prospectus supplement. We undertake no obligation