EV Charging Firm Wallbox to Go Public in a $1.5 Billion SPAC Deal with Kensington Capital

The transaction will provide around $330 million in gross proceeds to the company

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Electric vehicle (EV) charging solutions provider Wallbox Chargers and Kensington Capital Acquisition Corp. II, a special purpose acquisition company (SPAC), have agreed to combine their businesses, converting Wallbox into a publicly listed company.

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