TRG Latin America Acquisitions Corp. (NASDAQ: TRGSU) announced today that the underwriter of its initial public offering (IPO) has partially exercised its over-allotment option, purchasing an additional 632,000 units at the public offering price of $10.00 per unit. This transaction generated additional gross proceeds of $6,320,000, bringing the total number of units sold in the IPO to 20,632,000 and total gross proceeds to $206,320,000. Each unit consists of one Class A ordinary share and one right entitling the holder to receive one-tenth of one Class A ordinary share upon the consummation of the Company’s initial business combination. The underwriter retains the option to purchase up to 2,368,000 additional units. The proceeds from the sale of the option units have been placed in a U.S.-based trust account, managed by Continental Stock Transfer & Trust Company, resulting in a total trust account balance of $206,320,000. This development is expected to enhance the company's liquidity position as it prepares for its initial business combination.

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