TRG Latin America Acquisitions prices 20M-unit IPO, places $200M in trust
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TRG Latin America Acquisitions has successfully completed a 20,000,000-unit IPO, raising $200 million, which has been placed in a U.S. trust account. The IPO involved selling units at $10.00 each, generating gross proceeds of $200 million. Additionally, a private placement of 225,000 units was completed for $2.25 million. The total transaction costs amounted to $6,768,470, with a clean opinion issued by the auditor on the balance sheet as of February 27, 2026. The trust funds are invested in short-term U.S. treasury obligations or qualified money market funds.
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