B&W receives NYSE non-compliance notice; Deloitte replaced by BDO as auditor

Babcock & Wilcox Enterprises, Inc.

NYSE: avg closing price below $1.00 over 30 consecutive trading days; six-month cure period to regain compliance.
Common stock continues trading on NYSE with ".BC" designation; no impact on operations or debt obligations.
Deloitte dismissed as independent auditor; BDO USA engaged for FY2025, effective April 4, 2025.
Deloitte's 2024 report included going concern doubt; material weaknesses in internal control reported in 2024 10-K.

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