Case Studies Tecnoglass - The Equity Group

TECNOGLASS

A global manufacturer of hi-spec architectural glass and window products for the commercial and residential construction markets.

“The Equity Group was a great help in allowing Tecnoglass to become the first Colombia-headquartered company to list on the NASDAQ. They were available 24/7, provided expert guidance, arranged introductions, and helped us present the best possible message to investors. They are also playing a significant role now that Tecnoglass is a public company. We greatly appreciate their support and consider them an important part of our team.”

Christian Daes

COO

Tecnoglass, Inc. (NASDAQ: TGLS)

THE START

Commenced services in July 2013 for Andina Acquisition Corp., a Special Purpose Acquisition Company ("SPAC") that had identified Tecnoglass as its acquisition target.

Our Role

Participated in numerous planning and strategy sessions with members of Andina and Tecnoglass.
Refined investment thesis and crafted messaging.
Created and/or edited all corporate collateral materials, including press releases, investor presentation, and corporate profile.
Researched appropriate investor contacts, all of whom were notified of the transaction immediately after its announcement and kept apprised of corporate developments on a regular basis. and sell-side investment profession.
Researched appropriate investor contacts, all of whom were notified of the transaction immediately after its announcement and kept apprised of corporate developments on a regular basis.
Conducted rehearsals and Q&A prep with management.
Worked with investment bankers to arrange meetings and calls with members of the financial community. Obtained detailed feedback from each meeting, and reported findings to management.
Managed the creation of Tecnoglass's Investor Relations website.
Prepared and implemented post-business combination Investor Relations plan.
Advised Tecnoglass on various aspects of its transition to a public company.

RESULTS

Completed SPAC merger in December 2013.
Tecnoglass management rang the NASDAQ opening bell on January 24, 2014 to celebrate the listing.
Extensive media coverage in Colombia.
Research coverage launched by Dougherty & Company.
Stock price appreciated 75% within two years of merger completion.
The Company implemented a warrant exchange offer in July 2015.
Institutional ownership rose significantly.