05/15/2026 | Press release | Archived content
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.