0001193125-26-146291
SEC filingWallbox N.V. signed its comprehensive restructuring plan with 83% of financial creditors and secured €11 million in interim financing to provide near-term liquidity.
Wallbox N.V. has executed a critical restructuring plan under the Spanish framework, signed by creditors holding 83% of its financial debt, including major banks like Banco Santander, BBVA, and CaixaBank, as well as ICO, regional investor IFEM, and key shareholders such as Orilla Asset Management and Iberdrola Group affiliate. This broad support underscores stakeholder confidence in the company's long-term strategy amid financial challenges. The plan's court approval in Barcelona will bind all creditors, enabling a new capital structure. Concurrently, €11 million in interim liquidity—€5.65 million bridge from shareholders (to be offset against future equity) and €5.35 million from banks (within a €12.5 million cap)—addresses immediate needs for business plan execution. This positions Wallbox to stabilize operations as a global EV charging provider, though success hinges on court sanctioning and definitive agreements as referenced in the April 1, 2026 Form 6-K.