Company: BWNB
Filing Date: 2025-11-05
Form Type: 424B5
Source: 0001104659-25-106685
Chunk: 124

Company: Babcock & Wilcox Enterprises, Inc.
Filing Date: 2025-11-05
Form: 424B5
Chunk 124
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 the units and the extent, if any, to which the general terms and
provisions may apply to the units so offered will be described in the applicable prospectus supplement.

Each unit will be issued
so that the holder of the unit also is the holder of each security included in the unit. Thus, the unit will have the rights and obligations
of a holder of each included security. Units will be issued pursuant to the terms of a unit agreement, which may provide that the securities
included in the unit may not be held or transferred separately at any time or at any time before a specified date. A copy of the forms
of the unit agreement and the unit certificate relating to any particular issue of units will be filed with the SEC each time we issue
units, 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 unit agreement and the related unit certificate, see “Where You Can Find More Information.”

The prospectus supplement
relating to any particular issuance of units will describe the terms of those units, including, to the extent applicable, the following:

| · | the designation and terms                                                                                                         
 of the units and the securities comprising the units, including whether and under what circumstances those securities may be held 
 or transferred separately;                                                                                                        |

| · | any provision for the issuance, payment, settlement,                             
 transfer or exchange of the units or of the securities comprising the units; and |

| · | whether the units will be issued in fully registered 
 or global form.                                      |

| 47 |

<div align='center'>Plan of Distribution</div>

We may sell the offered securities in and outside the United States:

| · | through underwriters or dealers; |

| · | directly to purchasers; |

| · | in “at the market”                                                                                                      
 offerings, within the meaning of Rule 415(a)(4) of the Securities Act, to or through a market maker or into an existing 
 trading market on an exchange or otherwise;                                                                             |

| · | through agents; |

| · | block trades in which dealers will attempt to sell                                          
 as agent, but may position and resell a portion of the block as principal to facilitate the |

| · | purchases by a dealer as principal and resales by the 
 dealer for its account;                               |

| · | any other method permitted pursuant to applicable law; 
 or                                                     |

| · | through a combination of any of these methods. |

The