Tecnoglass (TGLS) Announces Proposed 2M Share Secondary Offering

Tecnoglass Inc. (NYSE: TGLS) today announced the commencement of an underwritten public offering of an aggregate of 2,000,000 ordinary shares to be sold by Energy Holding Corporation (“Selling Stockholder”). In addition, the Selling Stockholder expects to grant the underwriters a 30-day option to purchase up to an additional 300,000 ordinary shares. All of the ordinary shares to be sold in the proposed offering are being offered by the Selling Stockholder. The Company will not receive any proceeds from the sale of the ordinary shares being offered by the Selling Stockholder.

Baird, Raymond James and Stifel are acting as lead joint book-running managers for the proposed offering.

The securities described above are being offered pursuant to an automatic shelf registration statement on Form S-3 filed with the U.S. Securities and Exchange Commission (“SEC”) on May 16, 2023. The offering will be made only by means of a prospectus supplement and accompanying prospectus that forms part of the registration statement referred to above. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Copies of the preliminary prospectus supplement and accompanying prospectus related to the offering may be obtained from Robert W. Baird & Co. Incorporated, Attn: Syndicate Department, 777 E. Wisconsin Avenue, Milwaukee, WI 53202, [email protected], telephone: (800) 792-2473; Raymond James & Associates, Inc., Attention: Equity Syndicate, 880 Carillon Parkway, St. Petersburg, Florida 33716, or by telephone at (800) 248-8863, or by e-mail to [email protected]; or Stifel, Nicolaus & Company, Incorporated, One South Street, 15th Floor, Baltimore, MD 21202, Attention: Syndicate Department, email: [email protected]. You may also obtain these documents by visiting the SEC’s website at www.sec.gov.

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