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Wallbox Gets NYSE Non-Compliance Notice
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Wallbox Gets NYSE Non-Compliance Notice
Dec 19, 2024 3:10 PM

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.

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