Company: BWNB
Filing Date: 2025-11-05
Form Type: 424B5
Source: 0001104659-25-106685
Chunk: 95

Company: Babcock & Wilcox Enterprises, Inc.
Filing Date: 2025-11-05
Form: 424B5
Chunk 95
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 The warrant agent will
act solely as our agent in connection with the warrants and will not have any obligation or relationship of agency or trust for or with
any holders or beneficial owners of warrants.

A copy of the forms of the
warrant agreement and the warrant certificate relating to any particular issue of warrants will be filed with the SEC each time we issue
warrants, and you should read those documents for provisions that may be important to you. For more information on how you can obtain
copies of the forms of the warrant agreement and the related warrant certificate, see “Where You Can Find More Information.”

Debt Warrants

The prospectus supplement
relating to a particular issue of warrants to issue debt securities will describe the terms of those warrants, including the following:

| · | the title of the warrants; |

| · | the offering price for the warrants, if any; |

| · | the aggregate number of the warrants; |

| · | the designation and terms of the debt securities purchasable 
 upon exercise of the warrants;                               |

| · | if applicable, the designation                                                                                                
 and terms of the debt securities that the warrants are issued with and the number of warrants issued with each debt security; |

| · | if applicable, the date from and after which the warrants                 
 and any debt securities issued with them will be separately transferable; |

| · | the principal amount of                                                                                                           
 debt securities that may be purchased upon exercise of a warrant and the price at which the debt securities may be purchased upon 
 exercise;                                                                                                                         |

| · | the dates on which the right to exercise the warrants 
 will commence and expire;                             |

| · | if applicable, the minimum or maximum amount of the 
 warrants that may be exercised at any one time;     |

| · | whether the warrants represented                                                                                                       
 by the warrant certificates or debt securities that may be issued upon exercise of the warrants will be issued in registered or bearer 
 form;                                                                                                                                  |

| · | information relating to book-entry procedures, if any; |

| · | the currency or currency units in which the offering 
 price, if any, and the exercise price are payable;   |

| · | if applicable, a discussion of material U.S. federal 
 income tax considerations;                           |

| · | anti-dilution provisions of the warrants, if any; |

| 27 |

| · | redemption or call provisions, if any, applicable to 
 the warrants;                                        |

| · | any additional terms of the warrants