Wallbox Announces Reverse Stock Split
1. Wallbox to conduct a 20-for-1 reverse stock split to meet NYSE requirements. 2. This measure was approved at the AGM, targeting shares in poor price range. 3. Trading under new ratio expected to start on July 3, 2025. 4. Reverse split won't change shareholders' ownership percentage, just share quantity. 5. AGM also approved 2024 accounts and board member appointments.