Tecnoglass Inc. issued a statement categorically rejecting allegations made in a short seller report, labeling them as false, misleading, and unsubstantiated. The company stated it believes the publication is an attempt to manipulate the market and harm shareholders.
Tecnoglass highlighted that the report largely rehashes previous claims that were thoroughly reviewed and addressed in 2022 by a Special Committee of its independent Board members, with external legal and accounting advisors. That review concluded with no evidence of wrongdoing, fraud, or financial misstatement.
The company reaffirmed its recently increased full year 2025 financial guidance, which was announced on August 7, 2025. This guidance reflects solid performance through the first half of 2025 and continued strength across the business. Tecnoglass also noted its active share repurchase program will be used opportunistically, underscoring confidence in its fundamentals and growth outlook.
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