TRG Latin America Acquisitions Closes Partial Over-Allotment Sale of 632,000 Units
TRG Latin America Acquisitions Corp. announced that the underwriter partially exercised its over-allotment option, buying 632,000 additional units at $10.00 each for $6,320,000 in gross proceeds. The proceeds were placed in the trust account, bringing its total balance to $206,320,000, which increases the capital held for a future business combination.
Key points
- On March 27, 2026, the underwriter bought 632,000 option units at $10.00 per unit, generating $6,320,000 in additional gross proceeds.
- Total trust account balance is $206,320,000, held with Continental Stock Transfer & Trust Company as trustee.
- Total units sold rose to 20,632,000; the underwriter has a remaining option to buy up to 2,368,000 more units.
- Each unit has one Class A ordinary share and one right to receive one-tenth of a share upon a business combination; expected Nasdaq symbols are TRGS and TRGSR.
The filing
Written by AI on Nov 9, 2026, 11:48 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 27, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.