Babcock & Wilcox Enterprises, Inc. (BW): Nasdaq/NYSE listing notice — 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.

item 3.01 item 4.01 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Auditor Changes SEC 8-K Item 4.01/4.02 confidence 0.9

Babcock & Wilcox Enterprises, Inc. dismissed Deloitte & Touche LLP as its auditor.

Action: dismissal
Auditor: Deloitte & Touche LLP
Successor: BDO USA, P.C.

Exact text from the filing

On April 4, 2025, the Company, with the approval of the Audit and Finance Committee of the Board of Directors of the Company, dismissed Deloitte and notified Deloitte of its dismissal and decision to change its independent registered public accounting firm.

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Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Babcock & Wilcox Enterprises, Inc. received a nyse deficiency notice notice regarding minimum bid price (rules 802.01C).

Exchange: nyse
Notice: deficiency notice
Deficiency: minimum bid price
Rules: 802.01C

Exact text from the filing

April 4, 2025, Babcock & Wilcox Enterprises, Inc. (the “Company”) was notified by the New York Stock Exchange (the “NYSE”) that the average closing price of the Company’s common stock, par value $0.01 per share, over the prior consecutive 30 trading-day period was below $1.00, which is the minimum average closing price required to maintain listing on the NYSE under Section 802.01C of the NYSE Listed Company Manual (the “NYSE Notice”). Pursuant to Section 802.01C, the Company has a period of six months following receipt of the NYSE Notice to regain compliance with the minimum share price requir

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6 auditor changes filed in the last 30 days. Browse all auditor changes →

Babcock & Wilcox Enterprises, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-25-033780

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