Babcock & Wilcox raises capital with 12.4M share offering, underwriters exercise full option

Filed May 18, 2026 · Period ending May 14, 2026 · ~1 min read

Key Changes

• high

  Company completed sale of 12.4 million common shares on May 18, 2026, representing significant equity dilution to existing shareholders. Offering included base amount of 10.8 million shares plus full 1.6 million share greenshoe.

  Item 1.01 verify on EDGAR →
• high

  Underwriters fully exercised their over-allotment option, purchasing all 1.6 million additional shares available. Full greenshoe exercise typically signals strong investor demand for the offering.

  Item 1.01 verify on EDGAR →
• medium

  B. Riley Securities served as lead underwriter for the transaction. Offering was priced on May 15 and closed three days later on May 18, 2026.

  Item 8.01 view on EDGAR →