TRG Latin America Acquisitions Corp.’s Lock-Up Period Set To End on August 25th (NASDAQ:TRGS)

TRG Latin America Acquisitions’ (NASDAQ:TRGS) lock-up period will expire on Tuesday, August 25th. TRG Latin America Acquisitions had issued 20,000,000 shares in its IPO on February 26th. The total size of the offering was $200,000,000 based on an initial share price of $10.00. After the end of TRG Latin America Acquisitions’ lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.

Analysts Set New Price Targets

Separately, Weiss Ratings started coverage on shares of TRG Latin America Acquisitions in a research report on Friday, August 14th. They issued a “sell (e)” rating for the company. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has a consensus rating of “Sell”.

TRG Latin America Acquisitions Stock Down 0.1%

Shares of NASDAQ:TRGS opened at $9.93 on Friday. TRG Latin America Acquisitions has a one year low of $9.82 and a one year high of $10.10. The business’s 50 day simple moving average is $9.91.

About TRG Latin America Acquisitions

TRG Latin America Acquisitions Corp is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.