Wallbox ( (WBX) ) has provided an update.
On February 24, 2025, Wallbox announced a private placement of its Class A ordinary shares, raising approximately $10 million from existing investors, including Iberdrola and Orilla Asset Management. This investment, priced at a 20% discount to the average share price, is aimed at strengthening Wallbox’s financial position and supporting its global expansion in the EV charging sector. The transaction, closed on February 21, 2025, underscores investor confidence in Wallbox’s strategic vision and commitment to accelerating the transition to sustainable mobility.
More about Wallbox
Wallbox is a global technology company specializing in electric vehicle charging and energy management solutions. Founded in 2015 in Barcelona, the company offers a comprehensive range of charging and energy management products for residential, semi-public, and public use across more than 100 countries worldwide.
YTD Price Performance: -24.06%
Average Trading Volume: 763,366
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $128.3M
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