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Tecnoglass Board of Directors Announces Review of Strategic Alternatives

Tecnoglass Board of Directors Announces Review of Strategic Alternatives

tecnoglass董事会宣布战略选择的审查
Tecnoglass ·  06/25 00:00

- Reiterates Full Year 2024 Outlook -

- 重申2024年全年展望 -

Miami, FL, June 25, 2024 (GLOBE NEWSWIRE) -- 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 announced that its Board of Directors is conducting a review of the Company's strategic alternatives with the assistance of outside financial and legal advisors. The Board of Directors is committed to acting in the best interests of the Company.

2024年6月25日,FL迈阿密(全球环球新闻)—— Tecnoglass公司(纽交所:TGLS)(“Tecnoglass”或“公司”)是全球高端铝和乙烯基窗户以及建筑玻璃的生产商,服务于住宅和商业终端市场,今天宣布,其董事会正在与外部金融和法律顾问一起对公司的战略选择进行审查。董事会致力于维护公司的最佳利益。

There is no deadline or definitive timetable set for completion of the strategic alternatives review process and there can be no assurance that this process will result in the Company pursuing a transaction or any other particular outcome.

目前没有为完成战略选择审核流程设定截止日期或明确的时间表,并且无法保证此过程将导致公司追求交易或任何其他特定结果。

The Company does not intend to make any further public comment regarding its review of strategic alternatives until the Board of Directors has approved a specific course of action or the Company determines that additional disclosure is appropriate or necessary.

在董事会批准具体行动或公司确定需要适当或必要的其他披露之前,公司不打算对其战略选择审核发表进一步的公开评论。

Reiterates Full Year 2024 Outlook
The Company is reaffirming its financial outlook for full year 2024 provided on May 9, 2024.

2024全年展望重申
公司重申2024全年的财务前景,该前景已在2024年5月9日公布。

About Tecnoglass
Tecnoglass Inc. is a leading producer of high-end aluminum and vinyl windows and architectural glass serving the multi-family, single-family, and commercial end markets. Tecnoglass is the second largest glass fabricator serving the U.S. and the #1 architectural glass transformation company in Latin America. Located in Barranquilla, Colombia, the Company's 5.6 million square foot, vertically integrated, and state-of-the-art manufacturing complex provide efficient access to nearly 1,000 customers in North, Central and South America, with the United States accounting for 96% of total revenues. Tecnoglass' tailored, high-end products are found on some of the world's most distinctive properties, including One Thousand Museum (Miami), Paramount (Miami), Salesforce Tower (San Francisco), Via 57 West (NY), Hub50House (Boston), Aeropuerto Internacional El Dorado (Bogotá), One Plaza (Medellín), Pabellon de Cristal (Barranquilla). For more information, please visit www.tecnoglass.com or view our corporate video at https://vimeo.com/134429998.

关于Tecnoglass
Tecnoglass Inc.是一家领先的高端铝制品、塑料窗户和建筑玻璃生产商,服务于多户型、单户型和商业终端市场。Tecnoglass是美国第二大玻璃制造商,是拉丁美洲最大的第一家建筑玻璃转型公司。位于哥伦比亚的巴兰基亚,公司的560万平方英尺、垂直一体化的先进制造基地可以高效地服务北美、中美和南美的近1000个客户,其中美国占总收入的96%。Tecnoglass的定制高端产品被运用于世界上一些最具特色的建筑物上,包括One Thousand Museum(迈阿密),Paramount(迈阿密),Salesforce Tower(旧金山),Via 57 West(纽约),Hub50House(波士顿),Aeropuerto Internacional El Dorado(波哥大),One Plaza(美第奇),Pabellon de Cristal(巴兰基亚)。www.tecnoglass.com或访问我们的公司视频。https://vimeo.com/134429998.

Forward Looking Statements
This press release includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding future financial performance, future growth and future acquisitions. These statements are based on Tecnoglass' current expectations or beliefs and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive and/or regulatory factors, and other risks and uncertainties affecting the operation of Tecnoglass' business. These risks and uncertainties include, but are not limited to, the terms, structure, benefits and costs of any strategic transaction; the timing of any transaction and whether any transaction will be consummated at all; the risk the strategic alternatives review process could divert the attention and time of the Company's management; the risk of any unexpected costs or expenses resulting from the review; the risk of any litigation relating to the review; and the other risks and uncertainties described in "Item 1A. Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2023 and those described from time to time in the Company's future reports filed with the Securities and Exchange Commission. The information set forth herein should be read in light of such risks. Further, investors should keep in mind that Tecnoglass' financial results in any particular period may not be indicative of future results. Tecnoglass is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, future events and changes in assumptions or otherwise, except as required by law.

前瞻性声明
本新闻发布中包括根据1995年《私人证券诉讼改革法案》的具有前瞻性的陈述,包括关于未来财务表现、未来增长和未来收购的陈述。这些陈述基于Tecnoglass目前的期望或信仰,但受到不确定性和情况的变化的影响。由于经济、商业、竞争和/或监管因素的变化,以及影响Tecnoglass业务运营的其他风险和不确定性,实际结果可能因此与本新闻发布中的陈述所表达或暗示的结果有所不同。这些风险和不确定性包括但不限于:任何战略交易的条款、结构、利益和成本;任何交易的时间和是否能够成功完成交易;战略选择审核流程可能分散公司管理层的注意和时间的风险;审核所产生的任何意外成本或费用的风险;与审核相关的任何诉讼风险;以及在我们2023年12月31日结束的年度报告第1A节"风险因素"和公司未来提交给美国证券交易委员会的报告中定期描述的其他风险和不确定性。此处所列信息应在考虑到这些风险的情况下阅读。此外,投资者应牢记,Tecnoglass在任何特定期间的财务结果可能并非未来结果的指标。Tecnoglass没有义务,也明确否认有义务更新或更改其前瞻性陈述,除非法律规定要求。

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Source: Tecnoglass Inc.

消息来源:Tecnoglass Inc.

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