U.S. SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549





FORM 10-Q/A

(Amendment No. 1)





(Mark One)



| | x | QUARTERLY REPORT PURSUANT TO UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
| | - | ---------------------------------------------------------------------------------------------



For the Quarterly Period Ended:March
31, 2015



OR



| |  ̈ | TRANSITION REPORT PURSUANT TO UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
| | - | ----------------------------------------------------------------------------------------------



For the transition period from _______________
to _______________



Commission file number: 001-35436



TECNOGLASS INC.

(Exact name of registrant as specified in
its charter)



|Cayman Islands                  |  | N/A                              
|------------------------------- |  | ---------------------------------
|(State or other jurisdiction of |  | (IRS Employer Identification No.)
|incorporation or organization)  |  |                                  



|Avenida Circunvalar a 100 mts de la Via
        40
        Barrios Las Flores, Barranquilla |  |              
|------------------------------------------------------------------------------------------- |  | -------------
|Colombia                                                                                    |  |              
|(Address of principal executive offices)                                                    |  | (Postal Code)



Registrant’s telephone number:(57)(5)3734000



Indicate by check mark whether the registrant
(1) has filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the preceding past 12 months (or
for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements
for the past 90 days.  Yes x    No  ̈



Indicate by check mark whether the registrant
has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted
and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter
period that the registrant was required to submit and post such files).  Yes x 
   No  ̈



Indicate by check mark whether the registrant
is a large accelerated filer, an accelerated filer, or a smaller reporting company. See the definitions of the “large accelerated
filer,” “accelerated filer,” and “smaller reporting company” in Rule 12b-2 of the Exchange Act:



|Large Accelerated Filer                       |  ̈ | Accelerated Filer         |  ̈
|--------------------------------------------- | - | ------------------------- | -
|                                              |   |                           |  
|Non-Accelerated Filer                         |  ̈ | Smaller reporting company | x
|(Do not check if a smaller reporting company)



Indicate by check mark whether the registrant
is a shell company (as defined in Rule 12b-2 of the Exchange Act).

Yes  ̈  
  No x



Indicate the number of shares outstanding of each of the issuer’s
classes of common stock, as of the latest practicable date: 24,801,132 ordinary shares as of May 1st, 2015.











EXPLANATORY NOTE



Tecnoglass Inc. (the “Company” or “we”)
is filing this Amendment No. 1 (the “Amendment”) to our Quarterly Report on Form 10-Q for the quarter ended March 31,
2015, filed on May 7, 2015 (the “Original Filing”) to reflect certain changes to Item 4 – Controls and Procedures
to state the Company’s conclusion regarding the effectiveness of internal control over financial reporting as required by
Item 308(a) of Regulations S-K and disclose that there have been no changes in internal control over financial reporting during
the quarter ended March 31, 2015 that has materially affected or is reasonably likely to materially affect your internal control
over financial reporting..



No changes havebeen
made to the Original Filing other than to modify the information as described above. This Amendment should be read in conjunction
with the Original Filing. This Amendment speaks as of the date of the Original Filing, does not reflect events that may have occurred
after the date of the Original Filing and does not modify or update in any way thedisclosures
made in the Original Filing, except as required to reflect the revisions discussed above.



ITEM 4. CONTROLS AND PROCEDURES



Evaluation of Disclosure
Controls and Procedures



We carried out an evaluation required by
Rule 13a-15 of the Securities Exchange Act of 1934 under the supervision and with the participation of our management, including
our Chief Executive Officer and Chief Financial Officer, of the effectiveness of the design and operation of Tecnoglass, Inc. “disclosure
controls and procedures” as of the end of the period covered by this Quarterly Report. Based on this evaluation, our Chief
Executive Officer and Chief Financial Officer concluded that, because of certain material weaknesses in our internal control over
financial reporting as described in item 9A of our Annual Report on Form 10-K for the year ended December 31, 2014 filed with the
SEC, our disclosure controls and procedures as defined in Rule 13a-15(e) and 15d-15(e) under the Securities Exchange Act of
1934 were not effective as of March 31, 2015. To address the material weaknesses in our internal control over financial reporting
the Company performed additional manual procedures and analysis such as validating sources of information that impact financial
statements including revenue recognition, receivables, disbursements, reconciliation of accounting modules versus the general ledger,
inventory count review and analysis, related party reconciliations, analytical reviews of property plant and equipment, gross margins,
payroll and translation of financial statements into USGAAP and other post-closing procedures in order to prepare the consolidated
financial statements included in this Quarterly Report on Form 10-Q. Notwithstanding the material weaknesses in our internal control
over financial reporting, we believe that the consolidated financial statements contained in this report present our financial
condition, results of operations, and cash flows for the periods covered thereby in all material respects.



Changes in Internal Control Over Financial Reporting



For the quarter ended March 31, 2015, there
has been no change in our internal control over financial reporting that has materially affected, or is reasonably likely to materially
affect, our internal control over financial reporting.



Item 6.   Exhibits



The following Exhibits are being filed
with this Quarterly Report on Form 10-Q/A:













|Exhibit
        No. |  | Description                                                                                                                                                                
|------------------- |  | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|                    |  |                                                                                                                                                                            
|31.1                |  | Certification of Chief Executive Officer, pursuant to SEC Rules 13a-14(a) and 15d-14(a), adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002                 
|                    |  |                                                                                                                                                                            
|31.2                |  | Certification of Chief Financial Officer, pursuant to SEC Rules 13a-14(a) and 15d-14(a), adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002                 
|                    |  |                                                                                                                                                                            
|32                  |  | Certification of Chief Executive Officer and Chief Financial Officer, pursuant to 18 U.S.C. Section 1350, adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002











SIGNATURES



In accordance with
the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.



|                        | TECNOGLASS INC.
|----------------------- | ---------------
|                        |                
|                        | By:            
|                        |                
|                        |                
|                        |                
|                        |                
|                        | By:            
|                        |                
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|Date: November 10, 2015 |