Wallbox NV Announces 20-for-1 Reverse Stock Split to Meet NYSE Compliance

Reuters

2025/07/02

Wallbox NV Announces 20-for-1 Reverse Stock Split to Meet NYSE Compliance

Wallbox NV has announced a 20-for-1 reverse stock split of its ordinary shares to comply with the NYSE's minimum bid price requirement. Approved at the June 2025 Annual General Meeting, the split will be effective on July 3, 2025. Shares will trade under the same symbol "WBX" with a new CUSIP number. The consolidation will not affect shareholders' percentage ownership, although fractional shares will be settled in cash.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wallbox NV published the original content used to generate this news brief via Business Wire (Ref. ID: 20250702732221) on July 02, 2025, and is solely responsible for the information contained therein.

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Approved at the June 2025 Annual General Meeting, the split will be effective on July 3, 2025. Shares will trade under the same symbol \"WBX\" with a new CUSIP number. The consolidation will not affect shareholders' percentage ownership, although fractional shares will be settled in cash.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wallbox NV published the original content used to generate this news brief via Business Wire (Ref. 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