other material
confidence high
sentiment neutral
materiality 0.65
Tecnoglass announces secondary offering of 2M shares by affiliate of CEO and COO
Tecnoglass Inc.
- Energy Holding Corporation, affiliated with CEO and COO, to sell 2M ordinary shares in underwritten public offering.
- Underwriters have a 30-day option to purchase an additional 300,000 shares.
- Company will not receive any proceeds from the sale of shares by the selling stockholder.
- Baird, Raymond James, and Stifel are lead joint book-running managers for the offering.
- Preliminary prospectus supplement filed with SEC; offering made under automatic shelf registration.