Wallbox Receives Notice from NYSE Regarding Continued Listing Standards.

Wallbox, a global provider of electric vehicle charging and energy management solutions, received a notice from the NYSE regarding continued listing standards. The company is not currently in compliance with NYSE rules requiring a minimum global market capitalization of $50 million and stockholders' equity of $50 million. Wallbox intends to submit a plan to regain compliance and has up to 90 days to do so. The plan includes actions such as the execution of a commercial agreement with banking partners and major shareholders to provide a renewed capital structure for the company.