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Babcock &Amp; Wilcox Enterprises Announces Proposed Offering Of $50 Million Of Series A Cumulative Perpetual Preferred Stock

PUBLIC · BWMay 03, 2021

Round Type

Series A

AkronManufacturingEnergyData And AnalyticsRenewable EnergySolarBiomass Energy

Description

Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE: BW) announced the commencement of an underwritten registered public offering of shares of $50 million aggregate amount of its Series A Cumulative Perpetual Preferred Stock, par value $0.01 per share with a liquidation preference of $25.00 per share (the “Preferred Stock”). B&W expects to grant the underwriters a 30-day option to purchase additional shares of the Preferred Stock in connection with the offering. The dividend rate and certain other terms of the Preferred Stock will be determined at the time of the pricing of the offering

Quick answer

Babcock & Wilcox Enterprises raised an undisclosed amount in a Series A round, dated May 3, 2021. Babcock & Wilcox Enterprises is based in Akron, Ohio, United States.

How much did Babcock & Wilcox Enterprises raise?
Babcock & Wilcox Enterprises raised an undisclosed amount in a Series A round on May 3, 2021.
What does Babcock & Wilcox Enterprises do?
Babcock & Wilcox Enterprises, Inc. is a leader in energy and environmental products and services for power and
Where is Babcock & Wilcox Enterprises based and how big is it?
Babcock & Wilcox Enterprises is based in Akron, Ohio, United States.

Source: Fundz verified event record.

Who else raised in Energy and Data And Analytics around the same time

Companies in the same sectors as Babcock & Wilcox Enterprises that raised within 45 days of this round, from Fundz verified event records.

  • Toledo Solar, Inc. raised $5.2M on May 28, 2021.
  • New Use Energy (NUE) raised $200K (Pre-Seed) on April 26, 2021.
  • Swift Solar raised $4.2M (Seed) on April 8, 2021.
  • Mainspring Energy raised $320K (Seed) on April 2, 2021.
  • Heliogen raised $108M (Funding Round) on June 15, 2021.
  • NEXT Energy Technologies raised an undisclosed amount (Series C) on June 3, 2021.

Who to call at Babcock & Wilcox Enterprises, and when

A new round usually means Babcock & Wilcox Enterprises is about to hire and buy. The teams that reach out first get the meeting.

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  • Who you already know at Babcock & Wilcox Enterprises, from your own LinkedIn network

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Company Information

Company

Babcock & Wilcox Enterprises

Location

1200 E. Market Street, Suite 650

Akron, Ohio, United States

About

Babcock & Wilcox Enterprises, Inc. is a leader in energy and environmental products and services for power and

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Babcock & Wilcox Enterprises raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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