Wallbox Receives NYSE Notice Regarding Continued Listing Standards
Wallbox N.V.Wallbox N.V.(US:WBX) Businesswire·2026-03-13 20:35

Core Viewpoint - Wallbox N.V. has received a notice from the NYSE indicating non-compliance with listing standards, specifically regarding market capitalization and stockholders' equity, but it does not lead to immediate delisting [1] Group 1: NYSE Notice and Compliance Plan - Wallbox received a Non-Compliance Letter from the NYSE on February 12, 2026, stating it does not meet the requirement of maintaining an average global market capitalization of at least $50 million and stockholders' equity of at least $50 million [1] - The company must notify the NYSE within 30 business days about its receipt of the letter and whether it intends to submit a compliance plan [1] - Wallbox plans to submit a compliance plan that includes actions such as executing a commercial agreement with banking partners to restructure its capital [1] Group 2: Compliance Timeline and Review - Wallbox has up to 90 days to present definitive actions to restore compliance, with a potential cure period extending up to 18 months [1] - If the compliance plan is accepted, Wallbox's shares will continue to be listed on the NYSE during the plan period, subject to ongoing review [1] - The plan period may conclude earlier than 18 months if Wallbox demonstrates compliance for two consecutive quarters [1] Group 3: Business Operations and Financial Reporting - The Non-Compliance Letter does not impact Wallbox's ongoing business operations or its financial reporting obligations with the U.S. Securities and Exchange Commission [1] - Wallbox continues to evaluate options to address the compliance issue while maintaining its operational integrity [1]

Wallbox N.V.-Wallbox Receives NYSE Notice Regarding Continued Listing Standards - Reportify