Andina Acquisition Corp
Completed 2013-12-20- CIK 1534675
- ANDA
- Now TGLS
- IPO 2012-03-19
- $40.8M trust
- 540 filings
Successfully merged with Tecnoglass Holding • Now trading as TGLS
- IPO Size
- $40M
- raised at the IPO
- Trust Amount
- $40.8M
- held for shareholders
- Current Status
- Completed
- from its latest filing
- IPO Year
- 2012
- year it listed
Filings, by quarter
540 filings over 60 quarters; violet bars carry a milestone
- 11 Q4: 4 filings
- 12 Q1: 27 filings
- 12 Q2: 4 filings
- 12 Q3: 2 filings
- 12 Q4: 2 filings
- 13 Q1: 8 filings
- 13 Q2: 8 filings
- 13 Q3: 12 filings
- 13 Q4: 27 filings
- 14 Q1: 24 filings
- 14 Q2: 17 filings
- 14 Q3: 8 filings
- 14 Q4: 5 filings
- 15 Q1: 6 filings
- 15 Q2: 13 filings
- 15 Q3: 14 filings
- 15 Q4: 12 filings
- 16 Q1: 11 filings
- 16 Q2: 16 filings
- 16 Q3: 30 filings
- 16 Q4: 19 filings
- 17 Q1: 12 filings
- 17 Q2: 4 filings
- 17 Q3: 5 filings
- 17 Q4: 17 filings
- 18 Q1: 9 filings
- 18 Q2: 4 filings
- 18 Q3: 6 filings
- 18 Q4: 12 filings
- 19 Q1: 10 filings
- 19 Q2: 6 filings
- 19 Q3: 5 filings
- 19 Q4: 6 filings
- 20 Q1: 2 filings
- 20 Q2: 3 filings
- 20 Q3: 3 filings
- 20 Q4: 8 filings
- 21 Q1: 4 filings
- 21 Q2: 3 filings
- 21 Q3: 4 filings
- 21 Q4: 10 filings
- 22 Q1: 6 filings
- 22 Q2: 8 filings
- 22 Q3: 5 filings
- 22 Q4: 8 filings
- 23 Q1: 7 filings
- 23 Q2: 12 filings
- 23 Q3: 5 filings
- 23 Q4: 5 filings
- 24 Q1: 4 filings
- 24 Q2: 5 filings
- 24 Q3: 5 filings
- 24 Q4: 15 filings
- 25 Q1: 7 filings
- 25 Q2: 6 filings
- 25 Q3: 8 filings
- 25 Q4: 6 filings
- 26 Q1: 6 filings
- 26 Q2: 15 filings
- 26 Q3: 5 filings
- S-1 filed 11 Q4
- IPO 12 Q1
- Definitive agreement 13 Q3
- Completed 13 Q4
SPAC Overview
Where it stands on the road from S-1 to merger
Timeline Progress
About
Andina Acquisition Corporation is a blank-check company seeking to acquire one or more operating businesses through a business combination. It has no specified industry focus and intends to concentrate its search in the Andean region of South America and Central America, particularly Colombia.
Geographic Focus
Andean region of South America, Central America, Colombia
Key Information
As the filings state it
- IPO Date
- 2012-03-19
- Total Redemptions
- $22.9M
- PIPE
- $6.6M
- Jurisdiction of Incorporation
- Cayman Islands
- SIC
- 6770
- Completion Date
- 2013-12-20
- Merger Target
- Tecnoglass Holding
- SPAC Ticker
- ANDA
- Merged Ticker
- TGLS
Stock Performance
TGLSTrading symbol, and its price at each step since the first trade
| Point | Date | Price | Move |
|---|---|---|---|
| First Trade | 2012-05-10 | $9.97 | |
| At Merger | 2013-12-31 | $8.55 | -14% |
| 6 Months Post-Merger | 2014-07-01 | $12.29 | +44% |
| 1 Year Post-Merger | 2014-12-30 | $10.27 | +20% |
| 2 Years Post-Merger | 2015-12-29 | $13.52 | +58% |
| Current Price | 2026-10-06 | $36.19 | +263% |
SPAC Team
The banks on its IPO, and the team as the filings describe it
Underwriters
Extended Team Information
The team has substantial regional financial and business experience, including Colombian government finance leadership, banking, private equity, investment banking, consulting, and corporate leadership.