Market Overview

Union Acquisition Corp. Securities to Commence Separate Trading

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Union Acquisition Corp. (NYSE:LTN, the "Company")) announced today
that separate trading of its ordinary shares, rights and warrants
underlying the Company's units would commence on or about March 22,
2018. The ordinary shares, rights and warrants will be listed on the New
York Stock Exchange under the symbols LTN, LTN RT and LTN WS,
respectively. Units not separated will continue to be listed on the New
York Stock Exchange under the symbol LTN.U.

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.

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 are subject to
risks and uncertainties, which could cause actual results to differ from
the forward looking statements. 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.

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