Tecnoglass Announces Pricing of Follow-On Offering of Ordinary Shares
Last tecnoglass, inc earnings: 8/9 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 Appoints Carlos Alfredo Cure Cure as a New DirectorGlobeNewswire
- Tecnoglass to Present at the D.A. Davidson 18th Annual Diversified Industrials & Services ConferenceGlobeNewswire
- Tecnoglass Inc (NASDAQ: TGLS) was downgraded by analysts at Zacks Investment Research from a "buy" rating to a "hold" rating.MarketBeat
- Tecnoglass Inc (NASDAQ: TGLS) was upgraded by analysts at Zacks Investment Research from a "hold" rating to a "buy" rating. They now have a $8.00 price target on the stock.MarketBeat
- Tecnoglass Inc (NASDAQ: TGLS) had its "buy" rating re-affirmed by analysts at Dougherty & Co.MarketBeat
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TGLS
SEC Filings
- 9/16/19 - Form 8-K
- 9/13/19 - Form 4
- 8/9/19 - Form 10-Q
- TGLS's page on the SEC website
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