TRG Latin America Acquisitions Corp.’s Lock-Up Period Set To Expire Tomorrow (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 initial public offering 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 major shareholders and company insiders from selling shares in the company will be lifted.

Wall Street Analysts Forecast Growth

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

TRG Latin America Acquisitions Stock Performance

Shares of TRGS stock opened at $9.93 on Monday. The business has a 50 day moving average of $9.91. TRG Latin America Acquisitions has a one year low of $9.82 and a one year high of $10.10.

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.