Wallbox N.V. (WBX) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: April 09, 2026

Risk Assessment Details

Potential Dilution: 525.64% of current shares
Recent Dilution: 26.56% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
17M
Potential Supply
88M
Additional shares possible
Splits
None
Past 2 years

Summary

WBX currently has 16.8M outstanding shares. with significant dilution risk as 88.2M authorized shares could dilute existing holders by 525.6%. The company has significantly diluted shareholders by 26.56% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Apr 09, 2026

20-F filing | 16.8M shares outstanding

17M 88M
May 06, 2025

20-F filing | 237.4M shares outstanding

240M 88M
Sep 05, 2024

F-3 filing: This F-3 filing relates to the resale of Class A shares by selling securityholders, including shares issued to PIPE investors, shares issued in connection with the ARES Earn-out Payment, and shares issuable upon the exercise of warrants issued to Generac.

190M 88M
Mar 21, 2024

20-F filing | 187.6M shares outstanding

190M 38M
Jan 12, 2024

F-3 filing: This F-3 filing relates to the resale of 10,360,657 Class A shares by selling securityholders, originally issued in a private placement. The company will not receive any proceeds from the sale of these shares.

150M 38M
Jul 19, 2023

F-3 filing: This F-3 filing relates to the resale of 18,832,432 Class A shares by selling securityholders.

150M 28M
Apr 04, 2023

F-3 filing: Resale of Class A Shares

150M 9.2M
Mar 31, 2023

20-F filing | 148.5M shares outstanding

150M 8.2M
Dec 14, 2022

F-3 filing: This is an F-3 filing for the resale of Class A shares by selling securityholders. The company will not receive any proceeds from the sale.

140M 8.2M
Nov 14, 2022

F-3 filing: The filing is for a shelf offering of Class A ordinary shares, warrants, rights, and units up to $500,000,000 in the aggregate.

140M 0
Sep 28, 2022

POS AM filing: This POS AM filing relates to the redemption of warrants when the price per Class A Share equals or exceeds $18.00 and the issuance of Class A shares upon conversion of Class B shares and exercise of warrants.

140M 0
Jun 08, 2022

POS AM filing: This POS AM filing relates to the redemption of warrants when the price per Class A Share equals or exceeds $18.00, the issuance of Class A shares upon conversion of Class B shares and warrant excercise, and the resale of Class A shares and private warrants by selling securityholders.

140M 0
May 02, 2022

20-F filing | 138.2M shares outstanding

140M 15M
Nov 01, 2021

F-1 filing: This F-1 filing relates to the offering of Class A shares issuable upon conversion of Class B shares, exercise of warrants, and resale of Class A shares and private warrants by selling securityholders. The company may redeem outstanding warrants at $0.01 per warrant under certain conditions.

140M 15M
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