Tecnoglass Inc. — Director's Dealing 2012

Mar 16, 2012

SEC Form 3 — Initial Statement of Beneficial Ownership

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

Reporting Person: Robayo Salom Luis Eduardo (Director, Co-Chief Executive Officer)

Holdings (Non-Derivative)

Security	Shares	Ownership
Ordinary Shares	40000	Direct

Holdings (Derivative)

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

Footnotes

F1: Prior to the effective date of the registration statement relating to the Issuer's initial public offering, 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.

F2: 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.

F3: The warrants will expire on the third anniversary of the completion of an initial business combination, or earlier upon redemption.