Market Overview

Union Acquisition Corp. Announces Pricing of $100 Million Initial Public Offering

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Union Acquisition Corp. (NYSE:LTN) (the "Company")
announced today the pricing of its initial public offering of 10,000,000
units at $10.00 per unit. Each unit consists of one ordinary share of
the Company ("Ordinary Shares"), one right
to receive one-tenth (1/10) of one Ordinary Share upon consummation of
an initial business combination, and one redeemable warrant entitling
the holder to purchase one Ordinary Share at a price of $11.50 per
share. The units will be listed on the New York Stock Exchange ("NYSE")
and trade under the ticker symbol "LTN.U" beginning on February 28,
2018. Once the securities comprising the units begin separate trading,
the ordinary shares, rights and warrants are expected to be traded on
the NYSE under the symbols "LTN," "LTN RT" and "LTN WS," respectively.

Union Acquisition Corp. is a newly formed blank check company organized
for the purpose of effecting a merger, share exchange, asset
acquisition, stock purchase, recapitalization, reorganization, or other
similar business combination with one or more businesses or entities.
The Company's efforts to identify a prospective target business will not
be limited to any particular industry or geographic region, although the
Company initially intends to focus on target businesses located in Latin
America. The Company is led by Juan Sartori, Chairman of the Board of
the Company and Chairman and founder of Union Group, and Kyle P.
Bransfield, Chief Executive Officer of the Company and Partner of
Atlantic-Pacific Capital, Inc.

Ladenburg Thalmann & Co. Inc., a subsidiary of Ladenburg Thalmann
Financial Services Inc. (NYSE:LTS), is acting as sole
book-running manager of the offering, CIM Securities, LLC is acting as
lead manager of the offering and I-Bankers Securities, Inc. is acting as
co-manager of the offering. The Company has granted the underwriters a
45-day option to purchase up to 1,500,000 additional units at the
initial public offering price solely to cover overallotments, if any.
The offering is being made only by means of a prospectus, copies of
which may be obtained from Ladenburg Thalmann & Co. Inc., 277 Park
Avenue, 26th Floor, New York, NY 10172, Attn: Syndicate Department.
Copies are also available on the Securities and Exchange Commission's
website, www.sec.gov.

A registration statement relating to these securities was declared
effective by the Securities and Exchange Commission on February 27,
2018. This press release shall not constitute an offer to sell or a
solicitation of an offer to buy, nor shall there be any sale of these
securities in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.

Forward Looking Statements

This press release includes forward-looking statements that involve
risks and uncertainties. Forward looking statements are statements that
are not historical facts. Such forward-looking statements, including
with respect to the initial public offering and the anticipated use of
the proceeds thereof, are subject to risks and uncertainties, which
could cause actual results to differ from the forward looking
statements, including those set forth in the risk factors section of the
prospectus used in connection with the Company's initial public
offering. No assurance can be given that the offering discussed above
will be completed on the terms described, or at all, or that the net
proceeds of the offering will be used as indicated. The Company
expressly disclaims any obligations or undertaking to release publicly
any updates or revisions to any forward-looking statements contained
herein to reflect any change in the Company's expectations with respect
thereto or any change in events, conditions or circumstances on which
any statement is based, except as required by law.

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