- October 2, 2021
- Posted by: Stratford Team
- Category: Business
WESTBURY, N.Y. and BARCELONA, Spain, Oct. 1, 2021 /PRNewswire/ — Kensington Capital Acquisition Corp. II (NYSE: KCAC) (“Kensington”) and Wall Box Chargers, S.L. (“Wallbox”), a leader in electric vehicle charging and energy management solutions, announced today the completion of its business combination. The business combination was approved by Kensington stockholders on September 30, 2021, by a quorum of 76.5% of the outstanding shareholders and received approval from 94.9% of those votes cast. Beginning on October 4, 2021, the Class A ordinary shares of Wallbox N.V., a newly formed holding company, will trade on the NYSE under the ticker symbol “WBX” and its warrants will trade on the NYSE under the ticker symbol “WBX.WS”.
(PRNewsfoto/Kensington Capital Acquisition )
“The completion of our business combination with Kensington greatly accelerates our strategy globally, including the construction of our manufacturing facility in Texas and working capital…