Company: BWNB
Filing Date: 2025-11-05
Form Type: 424B5
Source: 0001104659-25-106685
Chunk: 17

Company: Babcock & Wilcox Enterprises, Inc.
Filing Date: 2025-11-05
Form: 424B5
Chunk 17
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 prices they paid.

The market price and trading volume of our Common Stock may be volatile.

The U.S. stock markets, including
the NYSE, on which our Common Stock is listed under the symbol “BW,” have experienced significant price and volume fluctuations.
As a result, the market price of shares of our Common Stock is likely to be similarly volatile, and investors in shares of our Common
Stock may experience a decrease in the value of their shares, including decreases unrelated to our operating performance or prospects.
We cannot assure you that the market price of our Common Stock will not fluctuate or decline significantly in the future.

In addition to the other risks included or incorporated by reference
herein, a number of factors could negatively affect our share price or result in fluctuations in the price or trading volume of our Common
Stock, including:

| · | fluctuations in our quarterly or annual earnings or those of other companies in our industry; |

| · | failures of our operating results to meet the estimates of securities analysts or the expectations of our shareholders or changes by securities analysts in their estimates of our future earnings; |

| · | announcements by us or our customers, suppliers or competitors; |

| · | the depth and liquidity of the market for our Common Stock; |

| · | changes in laws or regulations that adversely affect our industry or us; |

| · | changes in accounting standards, policies, guidance, interpretations or principles; |

| · | general economic, industry and stock market conditions; |

| · | future sales of our Common Stock by our shareholders; |

| · | the concentration of ownership of our Common Stock; |

| · | future issuances of our Common Stock by us; |

| · | our ability to pay dividends in the future; and |

| · | the realization of any of the other risk factors included in or incorporated by reference into this prospectus supplement. |

<div align='center'>S-11</div>

Many of the factors listed
above are beyond our control. These factors may cause the price of our Common Stock to decline, regardless of our results of operations,
business, or prospects. It is impossible to assure that the market price of our Common Stock will not fall in the future.

In the past, securities class
action litigation has often been instituted against companies following periods of volatility in the price of their Common Stock. This
type of litigation could result in substantial costs and divert our management’s attention and resources, which could have a material
adverse effect on our cash flows, our ability to