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Stock impact report

Tecnoglass Announces Pricing of Follow-On Offering of Ordinary Shares

Tecnoglass, Inc (TGLS)  More Company Research Source: GlobeNewswire
Last tecnoglass, inc earnings: 8/9 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.tecnoglass.com
PDF 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 [Read more]
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