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Stock impact report

Wallbox Receives Notice of Non-Compliance with NYSE Trading Share Price Listing Rule

Wallbox N.V. (WBX) 
Company Research Source: Business Wire
Company intends to cure the deficiency and regain complianceThe notice has no immediate impact on the listing of the Company’s Class A Shares BARCELONA, Spain--(BUSINESS WIRE)--Wallbox N.V. (NYSE: WBX) (“Wallbox” or the “Company”), a leading provider of electric vehicle (“EV”) charging and energy management solutions worldwide, today announced that it received notice from the New York Stock Exchange (the “NYSE”) on November 21, 2024, that it is not in compliance with Section 802.01C of the NYSE Listed Company Manual. This is because the average closing price of the Company’s Class A ordinary shares (the “Class A Shares”) was less than $1.00 over a consecutive 30 trading-day period.On December 2, 2024, the Company notified the NYSE that it intends to cure the share price deficiency and to regain compliance with the NYSE continued listing standards. The Company can regain compliance at any time within the six-month period following receipt of the NYSE notice if, on the last trading d Show less Read more
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