TRG Latin America Acquisitions Corp. has priced its initial public offering at $10.00 per unit, bringing the total raise to $200 million. The blank check company's 20 million units will begin trading on Nasdaq under the ticker symbol TRGSU, with each unit comprising one Class A ordinary share and one right entitling holders to fractional shares.
Santander has been designated as the sole book-running manager for the offering. The IPO is scheduled to conclude on February 27, 2026, marking the official launch of the company's publicly traded operations.
The offering represents TRG Latin America Acquisitions' entry into the SPAC market, positioning the company to identify and pursue merger or acquisition targets within the Latin American region. Upon completion of the transaction, the company intends to deploy capital toward identifying and combining with a strategic business opportunity in the Latin American marketplace.