Company: BWNB
Filing Date: 2025-06-10
Form Type: 424B5
Source: 0001104659-25-058204
Chunk: 8

Company: Babcock & Wilcox Enterprises, Inc.
Filing Date: 2025-06-10
Form: 424B5
Chunk 8
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 level of capacity utilization at operating power plants and other industrial uses of steam production; |

| S-1 |

| · | maintenance and upkeep requirements at operating power plants, including to address the accumulated effects of usage; |

| · | overall strength of the industrial industry; |

| · | ability of electric power generating companies and other steam users                                  
 to raise capital; and                                                                                 |
| · | the impact of geopolitical conflicts, including the ongoing conflicts in Ukraine and the Middle East. |

Customer demand is heavily affected by the variations in our customers’ business cycles, power demand in their operating territories and by the overall economies and energy, environmental and noise abatement needs of the countries in which they operate. Corporate Information We are incorporated under the laws of the State of Delaware. Our principal executive offices are located at 1200 East Market Street, Akron, Ohio 44305. Our telephone number is (330) 753-4511. Our website is http://www.babcock.com. The information contained on or accessible through our website is not a part of this prospectus, other than the documents that we file with the SEC that are specifically incorporated by reference into this prospectus. Additional Information For additional information about us, please refer to the documents set forth under “Information Incorporated by Reference” in this prospectus supplement, including our Annual Report on Form 10-K for the year ended December 31, 2024, which is incorporated by reference herein.

| S-2 |

THE OFFERING

| Issuer                                             | Babcock & Wilcox Enterprises, Inc.                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| Common Stock Offered by us                         | Up to $50,000,000 of our common stock, par value $0.01 per share (the “Common Stock”).                                                                                                                                                                                                                                                                                                                                                                                                                |
| Common Stock to be Outstanding after this Offering | Up to 141,139,066 shares, assuming sales of 42,735,042 shares Common                                                                                                                                                                                                                                                                                                                                                                                                                                  
 Stock in this offering at an offering price of $1.17 per share, the last reported sale price of our Common Stock on NYSE on June 9, 2025.                                                                                                                                                                                                                                                                                                                                                             
 The actual number of shares issued will vary depending on the sales price under this offering.                                                                                                                                                                                                                                                                                                                                                                                                        |
| Manner of Offering                                 | “At the market offering” that may be made from time to                                                                                                                                                                                                                                                                                                                                                                                                                                                
 time through an Agent, as sales agents, subject to our instruction as to amount and timing. The Agents are not required to