TRG Latin America Acquisitions Corp (NASDAQ: TRGS) said that, commencing April 20, 2026, holders of IPO units may elect to separately trade Class A ordinary shares and rights included in each unit.
Separated Class A ordinary shares will trade under TRGS and separated rights under TRGSR; units that remain intact will continue trading as TRGSU.
TRG Latin America Acquisitions Corp (NASDAQ: TRGS) announced a partial exercise of its IPO over-allotment on March 27, 2026.
The underwriter purchased an additional 632,000 units at $10.00 per unit for $6,320,000, raising total units to 20,632,000 and total gross proceeds to $206,320,000. A remaining option for 2,368,000 units is available. Class A shares and rights are expected to trade as TRGS and TRGSR.
TRG Latin America Acquisitions Corp (Nasdaq: TRGS) closed its initial public offering of 20,000,000 units at $10.00 per unit, raising gross proceeds of $200,000,000 on Feb 27, 2026. Units began trading on Nasdaq on Feb 26, 2026 under TRGSU.
Each unit comprises one Class A ordinary share and one right to receive one-tenth of a Class A share upon an initial business combination. Class A shares and rights are expected to trade separately no later than the 52nd day, under TRGS and TRGSR. Santander was sole book-running manager and holds a 45-day option for up to 3,000,000 additional units. SEC registration became effective Feb 25, 2026.
TRG Latin America Acquisitions (NASDAQ:TRGSU) priced a $200 million initial public offering of 20,000,000 units at $10.00 per unit, with units set to begin trading on Nasdaq under TRGSU on February 26, 2026.
Each unit contains one Class A ordinary share and one right to receive one-tenth of a Class A share upon an initial business combination. The company granted a 45-day option for an additional 3,000,000 units; separate trading of shares and rights is expected no later than the 52nd day. The offering is expected to close February 27, 2026, subject to customary conditions.