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Tecnoglass Inc. The surviving entity in the Merger, Tecnoglass Holding

Completed deSPAC · 1 SPAC · 1 closed · 0 announced

Andina Acquisition Corporation, trading under the ticker ANDA on Nasdaq, was a blank-check company sponsored by B. Luke Weil that completed its initial public offering in 2011 and targeted the industrial and building-products sector. The SPAC announced its combination with Tecnoglass Inc., a Barranquilla, Colombia-based manufacturer of architectural glass, windows, and aluminum framing products, on September 4, 2013. The transaction closed later that year, with Tecnoglass emerging as the surviving entity and subsequently trading on Nasdaq under the ticker TGLS. The deal marked one of the earlier Latin American industrial targets to reach U.S. public markets via the SPAC route. Visit SpacDesk and sign up for full data, filings, and deal analytics on Andina Acquisition Corporation and hundreds of other completed SPAC transactions.

Announced
2013-09-04
Closed
2013-12-27
PIPE Raised
Industry
Other / Diversified

SPAC Counterparty (1)

SymbolIssuerStatusAnnouncedCloseIPO SizePIPESponsor
ANDA1Andina Acquisition CorporationClosed2013-09-042013-12-27$42.0MJulio A. Torres