TRG Latin America Acquisitions Corp. Right is a right separated from the company's publicly traded units. Each right entitles the holder to receive one-tenth of one Class A ordinary share upon the successful completion of the company's initial business combination. TRG Latin America Acquisitions Corp. is a blank check company, or special purpose acquisition company (SPAC), incorporated as a Cayman Islands exempted company. It focuses on pursuing mergers, amalgamations, share exchanges, asset acquisitions, share purchases, reorganizations, or similar business combinations with one or more businesses, particularly in Latin America. The rights form part of the separable units, which also include one Class A ordinary share, allowing holders to trade the components independently while combined units remain available. Headquartered in New York, NY, this structure provides a mechanism for potential investors to participate in the SPAC's pre-combination phase, offering exposure to future acquisition opportunities in emerging markets without direct equity ownership until a target is identified and the combination is consummated.