Tecnoglass Announces Pricing of Follow-On Offering of Ordinary Shares
Last tecnoglass, inc earnings: 11/6 07:00 am
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US:NASDAQ Investor Relations: investors.tecnoglass.com
BARRANQUILLA, Colombia, March 21, 2019 (GLOBE NEWSWIRE) -- Tecnoglass Inc. (NASDAQ: TGLS) (“Tecnoglass” or the “Company”), a leading manufacturer of architectural glass, windows, and associated aluminum products for the global commercial and residential construction industries, today announced the pricing of an underwritten follow-on public offering of 5,000,000 ordinary shares at a price to the public of $7.00 per share. In addition, Tecnoglass has granted the underwriters a 30-day option to purchase up to an additional 750,000 ordinary shares at the public offering price, less the underwriting discount. All of the net proceeds from the offering will be received by Tecnoglass. The offering is expected to close on March 25, 2019 subject to customary closing conditions. Tecnoglass intends to use the net proceeds of this offering for investments in growth capital expenditures (including to purchase new equipment), its Saint-Gobain joint venture and for working capital and other gen
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TGLS
News
- Tecnoglass Inc (NASDAQ: TGLS) was upgraded by analysts at BidaskClub from a "sell" rating to a "hold" rating.MarketBeat
- Tecnoglass goes ex-dividend tomorrow [Seeking Alpha]Seeking Alpha
- Tecnoglass Announces Intent to Delist Shares from the Colombia Stock ExchangeGlobeNewswire
- Tecnoglass Inc (NASDAQ: TGLS) was downgraded by analysts at BidaskClub from a "hold" rating to a "sell" rating.MarketBeat
- Tecnoglass Inc (NASDAQ: TGLS) was downgraded by analysts at BidaskClub from a "buy" rating to a "hold" rating.MarketBeat
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TGLS
SEC Filings
- 11/27/19 - Form DEF
- 11/20/19 - Form PRE
- 11/20/19 - Form 8-K
- TGLS's page on the SEC website
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