Company: BWNB
Filing Date: 2025-06-10
Form Type: 424B5
Source: 0001104659-25-058204
Chunk: 66

Company: Babcock & Wilcox Enterprises, Inc.
Filing Date: 2025-06-10
Form: 424B5
Chunk 66
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 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, 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