Upgrade to SI Premium - Free Trial

Wallbox receives NYSE notice for falling below listing standards

March 13, 2026 4:38 PM

Wallbox N.V. (NYSE: WBX) received a notice from the New York Stock Exchange on February 12, 2026, indicating the company does not comply with continued listing standards, according to a press release statement.

The electric vehicle charging solutions provider failed to maintain an average global market capitalization of at least $50 million over a consecutive 30 trading-day period and stockholders' equity of at least $50 million, as required by Section 802.01B of the NYSE Listed Company Manual.

The notice does not result in immediate suspension or delisting of Wallbox's ordinary shares from the NYSE. The company has 30 business days to confirm receipt of the notice and indicate whether it intends to submit a compliance plan.

Wallbox stated it intends to submit a plan to regain compliance, which will include the expected execution in March 2026 of a commercial agreement with banking partners and major shareholders to provide a renewed capital structure. The company has up to 90 days to present definitive actions designed to restore compliance within a cure period that may extend up to 18 months.

If the NYSE accepts the plan, Wallbox's shares are expected to continue trading during the plan period, subject to ongoing review and compliance with other listing standards. The plan period may end earlier if the company demonstrates compliance for two consecutive quarters.

The Barcelona-based company said the notice does not affect its ongoing business operations, financial reporting obligations with the U.S. Securities and Exchange Commission, or contractual arrangements. Wallbox provides electric vehicle charging and energy management solutions in more than 100 countries.

Categories

Corporate News

Next Articles