Wallbox Restores NYSE Compliance with Reverse Stock Split

Wallbox has regained NYSE compliance after implementing a reverse stock split on July 3. The company, which specializes in electric vehicle charging and energy management solutions, will continue to be listed on the NYSE. Wallbox's financial performance is hindered by high leverage and negative cash flows. The earnings call highlighted some operational improvements, but significant challenges remain. The overall stock score is a Underperform with a $4.00 price target.

Wallbox N.V. (NYSE:WBX), a leading provider of electric vehicle charging and energy management solutions, has regained compliance with the New York Stock Exchange (NYSE) continued listing standards following a reverse stock split implemented on July 3, 2025. The company announced that as of August 14, 2025, its Class A ordinary shares had a closing share price of at least $1.00 and maintained an average closing share price of at least $1.00 over the 30 trading-day period ending on that date [1].

Wallbox's reverse stock split aimed to address the share price deficiency and support continued compliance with NYSE listing requirements. The company's Class A ordinary shares will continue to be traded on the NYSE, subject to its continued compliance with all applicable listing standards.

Despite regaining NYSE compliance, Wallbox faces significant financial challenges. The company's financial performance is hindered by high leverage and negative cash flows. The earnings call highlighted some operational improvements, but significant challenges remain. The overall stock score is an Underperform with a $4.00 price target.

For more information about Wallbox, visit www.wallbox.com.

References:
[1] https://www.marketscreener.com/news/wallbox-regains-compliance-with-nyse-listing-standards-ce7c51ddd889f521