Lake Street Capital Markets LLC

05/15/2026 | Press release | Archived content

Transaction - Babcock & Wilcox Enterprises, Inc. $230,000,000 Follow-on

Lake Street Capital Markets is pleased to announce that it served as a joint book-running manager for Babcock & Wilcox Enterprises, Inc. (NYSE: BW) in its underwritten public offering of 10,810,811 shares of common stock at a public offering price of $18.50 per share, resulting in gross proceeds of approximately $200 million, before deducting underwriting discounts and commissions and estimated offering expenses. In addition, the underwriters exercised their 30-day option to purchase up to an additional 15% of the shares offered at the public offering price, less underwriting discounts and commissions.

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Lake Street Capital Markets LLC published this content on May 15, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 19, 2026 at 18:03 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]