Wallbox Obtains Court Approval of its Financial Restructuring Plan

Key Terms

financial restructuring plan financial

A financial restructuring plan is a company’s organized set of changes to its debts, assets, funding and cost structure designed to restore long‑term financial health. It matters to investors because it can alter the company’s risk profile, ownership stakes and future profits—like a household rewriting loans and trimming spending to avoid insolvency and improve its ability to pay bills and save for the future.

capital increase financial

A capital increase is when a company raises new equity funding by issuing additional shares or otherwise expanding its ownership base. Investors watch these moves because they supply cash for growth, acquisitions or debt reduction, but they can also reduce each existing share’s ownership and claim on profits—like adding more slices to a pizza: the pie may grow, but each slice can become smaller unless overall value increases proportionally.

capital structure financial

Capital structure is the way a company finances its operations and growth by using different sources of money, such as borrowed funds (loans or bonds) and owner’s equity (investments from owners or shareholders). It’s like a recipe for baking a cake, where the balance of ingredients affects the final product's strength and taste; similarly, the mix of debt and equity influences a company's stability and risk. For investors, understanding a company's capital structure helps gauge how risky it might be to invest or lend money.

View in glossary

liquidity position financial

Liquidity position describes how much cash and easily converted-into-cash assets an organization has relative to its upcoming bills and obligations. Think of it like a household’s checking account and emergency fund: it shows whether the business can pay short-term costs, cover debt and handle surprises without selling long-term investments. Investors care because a stronger liquidity position reduces the risk of bankruptcy, supports operations and gives flexibility for opportunities or downturns.

financial indebtedness financial

The total amount a company owes to lenders, bondholders and other creditors, including bank loans, bonds, drawn credit lines and similar obligations—think of it as the company’s household debt balance. Investors care because this debt level affects the company’s ability to pay bills, invest in growth and weather downturns; high indebtedness can boost returns in good times but raises the risk of financial stress or default.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

• The Commercial Court of Barcelona approves Wallbox’s comprehensive financial restructuring plan

• The approval represents a key milestone towards the implementation of the Company’s restructuring and execution of its business plan.

BARCELONA, Spain--(BUSINESS WIRE)-- Wallbox N.V. (NYSE: WBX) (“Wallbox” or the “Company”, and together with its consolidated subsidiaries, the “Group”), a global provider of electric vehicle charging and energy management solutions, has obtained court approval from the Commercial Court of Barcelona for its comprehensive financial restructuring plan, which was signed in April 2026.

Following court approval, the restructuring plan is now binding on all affected financial and non-financial creditors of the Group. Upon the completion of certain customary formalities, expected to take place in the coming days, the plan will become fully effective, allowing Wallbox to move forward with implementing its new capital structure and executing its business plan.

The restructuring plan contemplates the refinancing of approximately €169.6 million of the Group’s outstanding financial indebtedness, as well as a capital increase. Overall, this comprehensive refinancing is expected to strengthen Wallbox’s liquidity position and support the continuity of its operations.

Following the completion of the contemplated refinancing, Wallbox will continue to advance its operational improvements and cost initiatives, with a clear focus on advancing towards sustainable profitability.

“We would like to thank our creditors for the trust they have placed in the company throughout this process. With the court approval of the plan and its imminent effectiveness, Wallbox enters a new phase with a clear roadmap, focused on its strategic markets and on executing the necessary measures to move decisively toward profitability,” said Enric Asunción, Co-founder and CEO of Wallbox.

About Wallbox

Wallbox is a global technology company, dedicated to changing the way the world uses energy. Wallbox creates advanced electric vehicle charging and energy management systems that redefine the relationship between users and the network. Wallbox goes beyond charging electric vehicles to give users the power to control their consumption, save money and live more sustainably. Wallbox offers a complete portfolio of charging and energy management solutions for residential, semi-public, and public use in more than 100 countries around the world. Founded in 2015 in Barcelona, where the company’s headquarters are located, Wallbox currently has offices across Europe, Asia, and America. For more information, visit www.wallbox.com.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements contained in this press release other than statements of historical fact should be considered forward-looking statements, including, without limitation, statements regarding the expected timing and completion of Wallbox’s planned restructuring, including the effectiveness of the restructuring plan; the negotiation and execution of definitive agreements contemplated under the restructuring plan on the terms previously described; the expected completion of the capital increase; the anticipated repayment of the bridge loan by set-off against subscription obligations; the Group’s projected cash generation and debt service capacity; and the Group’s ability to implement its business plan following completion of the restructuring.

The words “anticipate,” “believe,” “can,” “continue,” “could,” “estimate,” “expect,” “focus,” “forecast,” “intend,” “likely,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, though not all forward-looking statements use these words or expressions. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to: the risk that the restructuring plan may not become effective on the anticipated timeline or at all; that the terms of the restructuring may be modified in the course of implementation; as well as Wallbox’s history of operating losses; its ability to obtain adequate capital funding or improve its financial performance, as well as the other important factors discussed under the caption “Risk Factors” in Wallbox’s Annual Report on Form 20-F for the fiscal year ended December 31, 2025, as such factors may be updated from time to time in its other filings with the Securities and Exchange Commission (the “SEC”), accessible on the SEC’s website at www.sec.gov and the Investor Relations section of Wallbox’s website at investors.wallbox.com. Any such forward-looking statements represent management’s estimates as of the date of this press release. Any forward-looking statement that Wallbox makes in this press release speaks only as of the date of such statement. Except as required by law, Wallbox disclaims any obligation to update or revise, or to publicly announce any update or revision to, any of the forward-looking statements, whether as a result of new information, future events or otherwise.

Source: Wallbox N.V.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260507489211/en/

Wallbox Public Relations Contact:
Albert Cabanes
Public Relations
Press@wallbox.com

Wallbox Investor Contact:
Michael Wilhelm
Corporate Development & IR
Investors@wallbox.com

Source: Wallbox N.V.