Wallbox N.V. Restructuring Plan and Interim Financing
Wallbox N.V. announced the signing of its restructuring plan, supported by financial creditors representing approximately 83% of its financial debt, key shareholders, and a new institutional investor. The plan, formalized under Spanish law, will be submitted for court approval. In conjunction with this, Wallbox has secured β¬11 million in interim financing, consisting of a β¬5.65 million bridge loan from shareholders and a β¬5.35 million loan from participating banks. This funding will provide near-term liquidity to support the execution of the Company's business plan. The restructuring aims to implement a new capital structure, and once sanctioned by the court, it will be binding on all affected creditors. The company has a history of operating losses and is seeking to improve its financial performance through this restructuring and a planned capital increase.