[SCHEDULE 13G/A] Wallbox N.V. Warrants, each warrant to purchase one SEC Filing

Rhea-AI Filing Summary

This Schedule 13G/A reports beneficial ownership of Wallbox N.V. Class A ordinary shares as of June 30, 2025. The filing is made by KARIEGA VENTURES, S.L. and Enric Asuncion Escorsa and uses the issuers disclosure that 16,327,985 Class A Ordinary Shares were outstanding on June 30, 2025. The filing also notes a 1-for-20 reverse stock split effected by the issuer on July 2, 2025.

KARIEGA VENTURES, S.L. is disclosed as beneficial owner of 1,066,514 Class A shares (6.3%) comprised of 573,067 held directly and 493,447 underlying Class B shares. Enric Asuncion Escorsa is disclosed as beneficial owner of 1,126,057 Class A shares (6.7%), including 20,779 held directly, certain options identified in the filing, and the 1,066,514 shares held by KARIEGA, over which Enric has sole investment and dispositive power.

Positive

• Material ownership disclosed: KARIEGA VENTURES, S.L. holds 1,066,514 Class A shares representing 6.3% of the class.
• Insider aggregate stake disclosed: Enric Asuncion Escorsa beneficially owns 1,126,057 Class A shares representing 6.7% of the class.
• Clear dispositive power: The filing states Enric has sole investment and dispositive power over the 1,066,514 shares held by KARIEGA.
• Outstanding share base provided: The issuer reported 16,327,985 Class A shares outstanding as of June 30, 2025, enabling precise percentage calculations.

Negative

• None.

Insights

Financial Analyst

TL;DR: Reporting persons disclose material >5% stakes (6.3% and 6.7%) in WBX, based on 16,327,985 Class A shares outstanding.

The Schedule 13G/A shows affiliated and insider holdings that cross the 5% disclosure threshold, which is material to shareholders because it clarifies ownership concentration. The filing provides exact counts: KARIEGA VENTURES, S.L. with 1,066,514 Class A shares (6.3%) and Enric Asuncion Escorsa with 1,126,057 Class A shares (6.7%). The report also records the issuers outstanding share base and a 1-for-20 reverse split, both relevant for interpreting percentage ownership. This is a straightforward, material disclosure without financial performance data.

Corporate Governance Expert

TL;DR: Concentrated ownership with stated dispositive power by Enric over KARIEGA holdings is governance-relevant for votes and control dynamics.

The filing specifies voting and dispositive power metrics: KARIEGA lists shared voting and dispositive power over 1,066,514 shares, while Enric reports sole voting/dispositive powers over certain directly held shares and sole investment and dispositive power over KARIEGAs holdings. The Schedule also marks that no group affiliation is reported as applicable. For governance purposes, these clear attributions of power are material for anticipating shareholder voting alignments on corporate matters.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 3)

WALLBOX NV

(Name of Issuer)

Class A Ordinary shares, nominal value Euro 2.40 per share

(Title of Class of Securities)

N94209124

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. N94209124

1

Names of Reporting Persons

KARIEGA VENTURES, S.L.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

SPAIN

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,066,514.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,066,514.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,066,514.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6.3 %

12

Type of Reporting Person (See Instructions)

FI

SCHEDULE 13G

CUSIP No. N94209124

1

Names of Reporting Persons

Enric Asuncion Escorsa

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

SPAIN

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 59,543.00
6	Shared Voting Power 1,066,514.00
7	Sole Dispositive Power 59,543.00
8	Shared Dispositive Power 1,066,514.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,126,057.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6.7 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: WALLBOX NV
(b)	Address of issuer's principal executive offices: Carrer del Foc 68, Barcelona Spain 08038
Item 2.
(a)	Name of person filing: Each of the following is hereinafter individually referred to as a "Reporting Person" and collectively as the "Reporting Persons." This statement is filed on behalf of: KARIEGA VENTURES, S.L. Enric Asuncion Escorsa
(b)	Address or principal business office or, if none, residence: The principal business address of the Reporting Persons is Av. Diagonal 419, 4 Planta, Barcelona, Spain 08008.
(c)	Citizenship: KARIEGA VENTURES, S.L. is organized under the laws of Spain. Enric Asuncion Escorsa is a citizen of Spain.
(d)	Title of class of securities: Class A Ordinary shares, nominal value Euro 2.40 per share
(e)	CUSIP No.: N94209124
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: The information contained on the cover pages to this Schedule 13G is incorporated by reference into this Item 4. The ownership information presented below represents beneficial ownership of Class A Ordinary Shares of the Issuer as of June 30, 2025, based upon 16,327,985 Class A Ordinary Shares outstanding as of June 30, 2025, as provided by the Issuer. All share amounts presented herein reflect a 1-for-20 reverse stock split effected by the Issuer on July 2, 2025. KARIEGA VENTURES, S.L. is the beneficial owner of (i) 573,067 Class A Ordinary Shares and (ii) 493,447 Class A Ordinary Shares underlying the Class B Ordinary Shares of the Issuer, each held of record by KARIEGA VENTURES, S.L. Enric Asuncion Escorsa is the beneficial owner of (i) 20,779 Class A Ordinary Shares held directly, (ii) 38,7643 Class A Ordinary Shares underlying stock options for Class B Ordinary shares held directly that are vested or will vest within 60 days of June 30, 2025 and (iii) 1,066,514 Class A Ordinary Shares beneficially held by KARIEGA VENTURES, S.L., of which Enric Asuncion Escorsa has sole investment and dispositive power over.
(b)	Percent of class: See Item 11 of each of the cover pages is hereto.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: See Item 5 of each of the cover pages hereto.
	(ii) Shared power to vote or to direct the vote: See Item 6 of each of the cover pages hereto.
	(iii) Sole power to dispose or to direct the disposition of: See Item 7 of each of the cover pages hereto.
	(iv) Shared power to dispose or to direct the disposition of: See Item 8 of each of the cover pages hereto.
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.	Certifications:
	Not Applicable

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

KARIEGA VENTURES, S.L.

Signature:	/s/ Enric Asuncion Escorsa
Name/Title:	Enric Asuncion Escorsa / General Manager
Date:	08/13/2025

Enric Asuncion Escorsa

Signature:	/s/ Enric Asuncion Escorsa
Name/Title:	Enric Asuncion Escorsa
Date:	08/13/2025

FAQ

How many Wallbox (WBX) Class A shares were outstanding on June 30, 2025?

The filing reports 16,327,985 Class A Ordinary Shares outstanding as of June 30, 2025.

What percentage of WBX does KARIEGA VENTURES, S.L. own according to this filing?

KARIEGA VENTURES, S.L. is reported as beneficial owner of 1,066,514 Class A shares, representing 6.3% of the class.

What is Enric Asuncion Escorsas disclosed ownership in WBX?

Enric Asuncion Escorsa is reported as beneficial owner of 1,126,057 Class A shares, representing 6.7% of the class.

Does the filing note any corporate action affecting share counts for WBX?

Yes. The filing states the issuer effected a 1-for-20 reverse stock split on July 2, 2025, and the reported ownership reflects share counts provided as of June 30, 2025.

Who has dispositive power over the shares held by KARIEGA VENTURES?

The filing states that Enric Asuncion Escorsa has sole investment and dispositive power over the 1,066,514 shares held by KARIEGA VENTURES, S.L.