- Babcock & Wilcox Enterprises (BW, Financial) received a NYSE notice due to non-compliance with the $1.00 minimum share price requirement.
- BW has a six-month window to achieve compliance while its stock continues trading.
- The notice does not impact BW's business operations or trigger debt violations.
Babcock & Wilcox Enterprises, Inc. (BW) announced that it received a notification from the New York Stock Exchange (NYSE) on April 4, 2025, regarding non-compliance with the exchange's continuous listing standards. This non-compliance arises from the company's average closing stock price dropping below $1.00 over a consecutive 30 trading-day period.
Following the NYSE listing rules, Babcock & Wilcox has been given a six-month period to restore compliance with the minimum share price requirement. Throughout this period, BW's shares will continue to be traded on the NYSE, provided that the company adheres to other ongoing listing standards. Compliance can be regained if the stock closes at $1.00 or higher and maintains an average closing price of at least $1.00 over any 30 trading-day period ending on the last trading day of a calendar month during the cure period.
The NYSE notice does not influence the company's daily operations, its obligations to the U.S. Securities and Exchange Commission, or any debt commitments. Headquartered in Akron, Ohio, Babcock & Wilcox focuses on energy and environmental solutions within power and industrial markets on a global scale.
