Wallbox Announces $48.6M Private Placement Of 18,832,432 Class A Ordinary Shares At A Price Of $2.58/Share
Portfolio Pulse from Happy Mohamed
Wallbox N.V. (NYSE:WBX) announces a private placement of 18,832,432 Class A ordinary shares at $2.58 per share, raising $48.6 million from existing investors and strategic partners. The transaction aims to strengthen the company's balance sheet and support its strategic plan.
June 02, 2023 | 12:46 pm
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Wallbox's private placement of 18.8M Class A shares at $2.58/share will raise $48.6M, strengthening its balance sheet and supporting its strategic plan.
The private placement will raise $48.6 million, providing Wallbox with additional capital to execute its strategic plan and strengthen its balance sheet. This could boost investor confidence in the company's growth prospects and financial stability, potentially leading to a short-term positive impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
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