secwatch / observer

Tecnoglass Inc. — fact timeline

Source-grounded facts extracted from Tecnoglass Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

TGLS Tecnoglass Inc. JSON
Shareholder Votes

Tecnoglass Inc. shareholders approved Ratification of PwC Contadores y Auditores S. A. S. as independent registered public accounting firm for the year ending December 31, 2026 at the 2026-06-16 meeting.

“Proposal No. 4 – The Auditor Ratification Proposal The ratification of PwC Contadores y Auditores S. A. S. as the Company’s independent registered public accounting firm for the year ending December 31, 2026 as follows: Votes For Votes Against Abstain 41,852,042 31,414 6,512”
Shareholder Votes

Tecnoglass Inc. shareholders approved Election of three Class A directors to serve for the ensuring three-year period and until their successors are elected and qualified at the 2026-06-16 meeting.

“Proposal No. 3 - Election of Class A Directors The election of each Class A director nominee was approved, as follows: Nominee Votes For Votes Against Abstain Broker Non-Vote Anne Louise Carricarte 33,084,639 7,117,733 9,724 1,677,872 Luis Fernando Castro Vergara 36,364,751 3,843,315 4,030 1,677,872 Carlos Alfredo Cure Cure 34,711,284 5,492,068 8,744 1,677,872”
Shareholder Votes

Tecnoglass Inc. shareholders approved Approval of the Articles of Incorporation and Bylaws effective from the continuation in Florida at the 2026-06-16 meeting.

“Proposal No. 2 – The Charter Documents Proposal The approval of the Articles of Incorporation and Bylaws of the Company to be effective from the effective date of the Company’s continuation in Florida as follows: Votes For Votes Against Abstain Broker Non-Vote 40,163,938 40,148 8,010 1,677,872”
Shareholder Votes

Tecnoglass Inc. shareholders approved Approval of the Company's de-registration in the Cayman Islands and continuation in the State of Florida at the 2026-06-16 meeting.

“Proposal No. 1 – The Continuation Proposal The Company’s de-registration in the Cayman Islands and the Company’s continuation in the State of Florida as follows: Votes For Votes Against Abstain Broker Non-Vote 39,733,381 472,912 5,803 1,677,872”
Earnings Releases

Tecnoglass Inc. reported first quarter ended March 31, 2026 results: revenue $249.0 million, net income $31.9 million, EPS $0.71 per diluted share. Guidance reaffirmed.

“Tecnoglass Reports First Quarter 2026 Results - Record First Quarter Revenue of $249.0 Million, Up 12.0% Year-Over-Year - - Net Income of $31.9 Million, or $0.71 Per Diluted Share”
Earnings Releases

Tecnoglass Inc. updated its full year 2026 guidance (lowered).

“Tecnoglass, Inc. (NYSE: TGLS) (“Tecnoglass” or the “Company”), a leading producer of high-end aluminum and vinyl windows and architectural glass for the global residential and commercial end markets, today provided an update to its full year 2026 outlook.”
Debt Financings

Tecnoglass Inc. incurred revolving credit of $500 million with Wells Fargo Bank, National Association at term SOFR plus a margin of 1.25-2.25% or base rate plus a margin of 0.25-1.25% maturing September 4, 2030.

“The Credit Agreement provides for a $500 million five-year secured revolving credit facility (the “ Facility ”).”

Jon Paul Pérez was appointed as Director at Tecnoglass Inc..

“On February 4, 2025, the Board of Directors (the “Board”) of Tecnoglass Inc. (the “Company”) appointed Jon Paul “JP” Pérez to fill the vacancy on the Board created by Lorne A. Weil’s resignation previously disclosed on January 6, 2025.”

Lorne Weil resigned as Director at Tecnoglass Inc..

“On December 30, 2024, Lorne Weil resigned from the Board of Directors (the “Board”) of Tecnoglass Inc. (the “Company”).”
Earnings Releases

Tecnoglass Inc. reported the first quarter ended March 31, 2024 results: revenue $192.6 million, net income $29.7 million, or $0.63 per diluted share, EPS $0.63 per diluted share.

“Tecnoglass Reports First Quarter 2024 Results - Revenue of $192.6 Million - - Net Income of $29.7 Million, or $0.63 Per Diluted Share”
Earnings Releases

Tecnoglass Inc. reported fourth quarter and full year ended December 31, 2023 results: revenue $194.6 million, net income $36.5 million, or $0.77 per diluted share, EPS $0.77 per diluted share.

“while taking advantage of the long-term opportunities we see across our end markets.” Fourth Quarter 2023 Results Total revenues for the fourth quarter of 2023 decreased 7.8% to $194.6 million compared to $211.1 million in the prior year quarter. Commercial activity performed in line with expectations given the projected timing of project deliveries. Single-family”
Shareholder Votes

Tecnoglass Inc. shareholders approved Election of three Class A directors to serve for the ensuing three-year period and until their successors are elected and qualified at the 2023-12-28 meeting.

“Proposal No. 1 - Election of Class A Directors The election of each Class A director nominees was approved, as follows: Nominee Votes For Votes Against Abstain Anne Louise Carricarte 37,841,942 952,529 30,263 Luis Fernando Castro 38,428,318 363,804 32,612 Carlos Cure 37,249,230 1,543,421 32,083”
Earnings Releases

Tecnoglass Inc. reported third quarter ended September 30, 2023 results: revenue $210.7 million, net income $46.1 million, EPS $0.97 per diluted share. Guidance initiated.

“() --- EX-99.1 2 ex99-1.htm Exhibit 99.1 Tecnoglass Reports Strong Third Quarter 2023 Results and Projects Double-Digit Top Line Growth in 2024 - Revenue Growth of 4.4% to $210.7 Million, Entirely Organic, Including a Record $87.8 Million in the Single-Family Residential End Market - - Quarterly Cash Flow from Operations at an All-Time High of $51.3 Million -”
Earnings Releases

Tecnoglass Inc. reported second quarter ended June 30, 2023 results: revenue $225.3 million, net income $52.6 million, EPS $1.10 per diluted share. Guidance raised.

“reference in such document. --- EX-99.1 () --- EX-99.1 2 ex99-1.htm Exhibit 99.1 Tecnoglass Reports Record Second Quarter 2023 Results - Record Total Revenues Up 33.2% to $225.3 Million - - Strong Organic Growth in Both Multifamily/Commercial and Single-Family Residential Businesses - - Gross Margin of 48.7%, Up 520 Basis Points Year-Over-Year - - Net Income of”
Material Agreements

Tecnoglass Inc. entered into Underwriting Agreement with ENERGY HOLDING CORPORATION, Robert W. Baird & Co. Incorporated, Raymond James & Associates, Inc. and Stifel, Nicolaus & Company, Incorporated (effective 2023-05-17).

“On May 17, 2023, Tecnoglass Inc. (the “Company”) entered into an underwriting agreement by and among the Company, ENERGY HOLDING CORPORATION, the holder of a majority of the outstanding ordinary shares of the Company, par value $0.0001 per share (the “Ordinary Shares”) and an entity controlled by members of the family of Jose Daes, the Company’s Chief Executive Officer, and Christian Daes, the Company’s Chief Operating Officer (the “Selling Securityholder”), and Robert W. Baird & Co. Incorporated, Raymond James & Associates, Inc. and Stifel, Nicolaus & Company, Incorporated, as representatives of the several underwriters named therein (the “Underwriters”), providing for the offer and sale by the Selling Securityholder (the “Secondary Offering”) of (i) 2,000,000 ordinary shares (the “Firm Shares”) of the Company and (ii) up to an additional 300,000 ordinary shares (the “Option Shares”, and together with the Firm Shares, the “Shares”) of the Company, pursuant to an over-allotment option,”
Earnings Releases

Tecnoglass Inc. reported the first quarter ended March 31, 2023 results: revenue $202.6 million, net income $48.4 Million, or $1.01 Per Diluted Share, EPS $1.01 per diluted share. Guidance raised.

“Tecnoglass Reports Record First Quarter 2023 Results - Total Revenues Up 50.6% to $202.6 Million - - Strong Results Driven by Organic Growth in Both Multifamily/Commercial and Single-Family Residential Businesses, Up 59% and 40%, Respectively - - Record Gross Margin of 53.2%, Up 830 Basis Points Year-Over-Year - - Net Income of $48.4 Million, or $1.01 Per Diluted Share - - Adjusted Net Income 1 of $51.5 Million, or $1.08 Per Diluted Share - - Adjusted EBITDA 1 Up 89% Year-Over-Year to $85.8 Million, Representing 42.4% of Total Revenues - - Record Cash Flow From Operations of $43.1 Million and Free Cash Flow of $27.5 Million - - Backlog Growth Accelerates, Expanding 19% Year-Over-Year to $776 Million - - Facility Investments Remain on Track to Increase Operational Capacity to ~$950 Million in Revenues by the end of the Second Quarter of 2023 - - Raises Full Year 2023 Growth Outlook for Adjusted EBITDA 1 to a range of $315 Million to $335 Million on Total Revenues of $810 Million to $850”
Earnings Releases

Tecnoglass Inc. updated its the fourth quarter and full year ended December 31, 2022 guidance (reaffirmed).

“On March 2, 2023, Tecnoglass Inc. (the “Company”) issued a press release announcing its financial results for the fourth quarter and full year ended December 31, 2022.”
Shareholder Votes

Tecnoglass Inc. shareholders approved Approval, on an advisory non-binding basis, of the compensation of Named Executive Officers at the 2022-12-15 meeting.

“Proposal No. 2 - Approval, on an advisory non-binding basis, of the compensation of Named Executive Officers The compensation of the Company’s Named Executive Officers was approved, on an advisory non-binding basis, as follows: Votes For Votes Against Abstain 36,775,838 1,083,874 47,716”
Shareholder Votes

Tecnoglass Inc. shareholders approved Election of Class C Directors at the 2022-12-15 meeting.

“Proposal No. 1 - Election of Class C Directors The election of each Class B director nominee was approved, as follows: Nominee Votes For Votes Against Abstain Jose Daes 37,848,390 46,465 12,573 A. Lorne Weil 36,694,729 1,201,550 11,149”
Earnings Releases

Tecnoglass Inc. reported the third quarter ended September 30, 2022 results: revenue $201.8 million, net income $46.9 million, EPS $0.98 per diluted share. Guidance raised.

“() --- EX-99.1 2 ex99-1.htm Exhibit 99.1 Tecnoglass Reports Record Third Quarter 2022 Results and Announces $50 Million Share Repurchase Program - Record Total Revenues of $201.8 Million, Up 53% Year-Over-Year - - Revenues Driven Entirely by Organic Growth in Both Single-Family Residential and Commercial Businesses - - Record Gross Margin of 52.2%, Up 1300 Basis”

Anne Louise Carricarte was appointed as Class A Director at Tecnoglass Inc..

“On August 24, 2022, the Board appointed Anne Louise Carricarte as a Class A director to fill the vacancy created by Ms. Byorum’s resignation.”

Martha L. "Stormy" Byorum resigned as Director at Tecnoglass Inc..

“On August 23, 2022, Martha L. “Stormy” Byorum resigned from the Board of Directors (the “Board”) of Tecnoglass Inc.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.