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Tecnoglass Inc. Director's Dealing 2012

Mar 16, 2012

31298_dirs_2012-03-16_ae1f946d-df98-4abb-b138-27f53357db69.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Andina Acquisition Corp (ANDA)
CIK: 0001534675
Period of Report: 2012-03-16

Reporting Person: Hommes Rudolf M (Director)

Holdings (Non-Derivative)

Security Shares Ownership
Ordinary Shares 40000 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Warrants $8.00 Ordinary Shares (125000) Indirect

Footnotes

F1: The reporting person is partner and management director of Capital Advisory Partners L.A.

F2: Prior to the effective date of the registration statement relating to the Issuer's initial public offering, an affiliate of the Reporting Person irrevocably committed to purchase these warrants. The purchases are being made on a private placement basis and will be consummated simultaneously with the consummation of the Issuer's initial public offering.

F3: The warrants will become exercisable upon the later of the completion of an initial business combination and one year from the date of the final prospectus for the Issuer's initial public offering.

F4: The warrants will expire on the third anniversary of the completion of an initial business combination, or earlier upon redemption.