Wallbox — IPO · $100M

Alongside the definitive agreement to merge with SPAC Kensington Capital Acquisition Corp. II, Wallbox announced a fully committed $100M PIPE anchored by Janus Henderson Investors, Luxor Capital, Cathay Innovation and Kensington Capital Partners, with no single investor designated as lead. The merger closed on 1 October 2021 and listed Wallbox on the NYSE under WBX at a pro forma enterprise value of about $1.5bn, delivering roughly $330M of gross proceeds in total including the PIPE; a further $11M private placement of 1,100,000 shares was signed on 29 September 2021 just before closing.