UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549
FORM 12b-25 |
OMB APPROVAL | |
OMB Number: . . . . . . . . . . . . 3235-0058 Expires: . . . . . . . . . . .. October 31, 2018 Estimated average burden hours per response. . . . . . . . . . . . . . .2.50 |
NOTIFICATION OF LATE FILING |
SEC FILE NUMBER 001-35436 |
CUSIP NUMBER G87264100 |
| (Check One): | [ ] Form 10-K [ ] Form 20-F [ ] Form 11-K [X] Form 10-Q [ ] Form 10-D [ ] Form N-SAR [ ] Form N-CSR |
For Period Ended: June 30, 2018
[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q
[ ] Transition Report on Form N-SAR
For the Transition Period Ended: __________
Read Instructions (on back page) Before Preparing Form. Please Print or Type. Nothing in this form shall be construed to imply that the Commission has verified any information contained herein. |
If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates: N/A
PART I – REGISTRANT INFORMATION
TECNOGLASS INC.
Full Name of Registrant
___________________________________
Former Name if Applicable
Avenida Circunvalar a 100 mts de la Via 40, Barrio Las Flores
Address of Principal Executive Office (Street and Number)
Barranquilla, Colombia
City, State and Zip Code
PART II – RULES 12b-25 (b) AND (c)
If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate)
| (a) | The reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense; | ||
| [X] | (b) | The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-SAR or Form-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and | |
| (c) | The accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable. |
PART III – NARRATIVE
State below in reasonable detail the reasons why the Forms 10-K, 20-F, 11-K, 10-Q, 10-D, NBSAR, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period. (Attach extra sheets if needed)
The Company is in the process of preparing and finalizing the financial information needed for its Quarterly Report on Form 10-Q but has been unable to completely compile such information within the prescribed time period without incurring undue hardship and expense. The Company required additional time to complete review procedures with respect to the Company’s accounting for deferred income taxes and the related impact on the effectiveness of our internal control over financial reporting. The Company has concluded these review procedures and is filing the Quarterly Report on Form 10-Q for the period ended June 30, 2018 simultaneously with this extension under Rule 12b-25(b) under the Securities Exchange Act of 1934, as amended.
PART IV – OTHER INFORMATION
| (1) | Name and telephone number of person to contact in regard to this notification
| ||
Jose Daes (Name) |
(57)(5) (Area Code) |
3734000 (Telephone Number) | |
| (2) | Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If answer is no, identify report(s). | [X] Yes [ ] No | |
| (3) | Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof? | [X] Yes [ ] No | |
If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.
The Company expects to report that total revenues for the second quarter of 2018 increased 10% to $89.0 million compared to $81.0 million in the prior year quarter. Additionally, the Company expects to report that gross profit increased 9.3% to $24.6 million, representing a 27.7% gross margin, compared to $22.5 million, representing a 27.8% gross margin, in the prior year quarter. | |||
TECNOGLASS INC.
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: August 10, 2018 | By: | /s/ Jose Daes |
| Jose Daes, Chief Executive Officer |
INSTRUCTION: The form may be signed by an executive officer of the registrant or by any other duly authorized representative. The name and title of the person signing the form shall be typed or printed beneath the signature. If the statement is signed on behalf of the registrant by an authorized representative (other than an executive officer), evidence of the representative’s authority to sign on behalf of the registrant shall be filed with the form.
ATTENTION Intentional misstatements or omissions of fact constitute Federal Criminal Violations (See 18 U.S.C. 1001). |