Kensington Capital II Sets Vote Date on $1.5B Wallbox Deal

Kensington Capital Acquisition II

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.

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