05:46 PM EST, 12/19/2024 (MT Newswires) -- Wallbox ( WBX ) said late Thursday it received a notice from the New York Stock Exchange that it is not in compliance with the exchange's minimum share price requirement of at least $1 over a consecutive 30-day trading period.
The company said it has six months from the Nov. 21 receipt of the non-compliance notice to regain compliance by having a closing price of at least $1 per share on the last trading day of any calendar month and an average closing price of at least $1 over the 30 trading-day period ending on the last trading day of that month.
The notice has no immediate impact on the listing of the company's shares and Wallbox ( WBX ) said it plans to remain listed on the stock exchange and is considering all available options to regain compliance.