Company: BWNB
Filing Date: 2025-11-05
Form Type: 424B5
Source: 0001104659-25-106685
Chunk: 96

Company: Babcock & Wilcox Enterprises, Inc.
Filing Date: 2025-11-05
Form: 424B5
Chunk 96
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, including terms,                                
 procedures and limitations relating to the exchange and exercise of the warrants; and |

| · | any other information we think is important about the 
 warrants.                                             |

Stock Warrants

The prospectus supplement
relating to a particular issue of warrants to issue common stock, preferred stock or depositary shares will describe the terms of the
common stock warrants and preferred stock 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 common stock, preferred stock or depositary shares that may be purchased upon exercise of the warrants; |

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

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

| · | the number of shares of                                                                                                          
 common stock or preferred stock or depositary shares that may be purchased upon exercise of a warrant and the price at which the 
 shares may be purchased upon exercise;                                                                                           |

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

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

| · | 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; |

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

| · | any additional terms of                                                                                              
 the warrants, including terms, procedures and limitations relating to the exchange and exercise of the warrants; and |

| · | any other information we think is important about the 
 warrants.                                             |

Exercise of Warrants

Each warrant will entitle
the holder of the warrant to purchase at the exercise price set forth in the applicable prospectus supplement the number of shares of
common stock, preferred stock or depositary shares or the principal amount of debt securities being offered. Holders may exercise warrants
at any time up to the close of business on the expiration date set forth in the applicable