Kensington Capital Acquisition II set a Sept. 30 meeting date for stockholders to vote on the proposed merger with Wall Box Chargers. The SPAc has also filed a proxy on the deal.
If approved, Wallbox N.V. will list on the NYSE under WBX.
The transaction would deliver proceeds of approximately $330 million to Wallbox, including a $100 million fully committed PIPE anchored by Janus Henderson Investors, Luxor Capital, Cathay Innovation and Kensington Capital Partners. The combined company is valued at $1.5 billion. Read more.