Wallbox Announces Completion Of Restructuring Conditions With €11.8M Equity Raise And €4M Investment By FOCUS ON NEXT FRONTIER

The transactions comprise the previously announced €10.65 million equity raise and include a separate €4 million investment by FOCUS ON NEXT FRONTIER (FOCUS). Wallbox N.V. (NYSE: WBX ) ("Wallbox" or the "Company," and together with its consolidated subsidiaries, the "Group"), a global provider of electric vehicle charging and energy management solutions, today announced the successful completion of the conditions for the effectiveness of its previously announced financial restructuring, including the completion of an approximately €11.8 million equity raise, as well as a separate €4 million investment by FOCUS ON NEXT FRONTIER (FOCUS), the investment company through which Rafael Ruiz channels his industrial holdings. The approximately €11.8 million equity raise represents the completion of the equity financing contemplated under the Company's restructuring plan. It includes the previo...