Company: BWNB
Filing Date: 2025-11-04
Form Type: 8-K
Source: 0001104659-25-106447
Chunk: 2

Company: Babcock & Wilcox Enterprises, Inc.
Filing Date: 2025-11-04
Form: 8-K
Item: Item 2.02
Chunk 2
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 to proceed thereunder, the Company has agreed to issue an additional warrant to acquire 7,860,000 shares
of Common Stock (the “ Additional Warrant Shares” and together with the Initial Warrant Shares, the “ Warrant Shares”),
on the same terms as the Initial Warrant (the “ Additional Warrant” and, together with the Initial Warrant, the “ Warrants”).
The Warrants are subject to certain limitations in order to comply with the rules of The New York Stock Exchange. The Company has agreed
to register the resale of the Additional Warrant Shares pursuant to the Registration Rights Agreement.

The foregoing description of the Letter Agreement,
the Warrant and the Registration Rights Agreement do not purport to be complete and are qualified in their entirety by reference to the
Letter Agreement, the Form of Warrant, and the Registration Rights Agreement, which will be filed with the Company’s Annual Report
on Form 10-K for the year ending December 31, 2025.

The Common Stock and the Warrants have not been, and the Warrant Shares
when issued will not be, registered under the Securities Act of 1933, as amended (the “ Securities Act”) or under any state
securities law and were offered and issued, as applicable, in reliance upon the exemption from the registration requirements of the Securities
Act set forth in Section 4(a)(2) thereof.

Item 7.01 Regulation FD Disclosure.