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May 2026

B. Riley Securities and Lake Street Capital Markets Serve as Placement Agents in Babcock & Wilcox's $200M At-the-Market Offering

B. Riley Securities, Inc. and Lake Street Capital Markets, LLC served as placement agents for an at-the-market offering of up to $200 million of common stock by Babcock & Wilcox Enterprises, Inc., a provider of energy technology and solutions. Faegre Drinker represented B. Riley Securities and Lake Street Capital Markets in their roles as placement agents in the offering.