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A&O Shearman guides underwriter on TRG Latin America Acquisitions Corp.’s SPAC IPO

A&O Shearman guides underwriter on TRG Latin America Acquisitions Corp.’s SPAC IPO
Published Date
Mar 27 2026
Related people
Image of Bill Nelson
Bill NelsonPartner, Houston
Image of John Menke
John MenkeCounsel, Houston
Image of Kazumasa Watanabe
Kazumasa WatanabeAssociate, New York
Image of Justin Higdon
Justin HigdonAssociate, Houston
Image of Paul Gerstle
Paul GerstleAssociate, Houston
Image of Jennifer Morton
Jennifer MortonPartner, New York
Image of Larry Crouch
Larry CrouchPartner, New York
Image of Taylor Pugliese
Taylor PuglieseAssociate, New York
Image of Austin Jones
Austin JonesAssociate, Silicon Valley
Image of Heebum Shin
Heebum ShinAssociate, Silicon Valley

A&O Shearman advised the underwriter on the initial public offering of TRG Latin America Acquisitions Corp., a special-purpose acquisition company, of 20.632 million units at an offering price of USD10.00 per unit, each unit consisting of one Class A ordinary share and one right to receive one-tenth of one Class A ordinary share, resulting in gross proceeds to the Company of USD206.320 million, before deducting underwriting discounts and commissions and offering expenses.

The 20.632 million units included 0.632 million units issued pursuant to the underwriter's option to purchase additional units. The units began trading on the NASDAQ under the ticker symbol “TRGSU” on February 26, 2026.

TRG Latin America Acquisitions Corp. is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company is sponsored by an affiliate of The Rohatyn Group and led by Chief Executive Officer Nicolas Rohatyn and Chief Financial Officer Miguel Gutierrez.

The A&O Shearman team was led by partner Bill Nelson (Houston, U.S. Capital Markets), counsel John Menke (Houston, U.S. Capital Markets), and associates Kazumasa Watanabe (New York, U.S. Capital Markets), Justin Higdon, and Paul Gerstle (both Houston, U.S. Capital Markets).

Other A&O Shearman lawyers involved in the transaction included partners Jennifer Morton (New York, Financial Services Regulatory) and Larry Crouch (Silicon Valley, Tax), and associates Taylor Pugliese (New York, Financial Services Regulatory), Austin Jones, and Heebum Shin (both Silicon Valley, Tax).

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