Americas Technology Acquisition Corp. Announces Closing of $115 Million Initial Public Offering

New York, Dec. 17, 2020 (GLOBE NEWSWIRE) — Americas Technology Acquisition Corp. (NYSE: ATA.U, the “Company”) announced today that it closed its initial public offering of 11,500,000 units,
including the exercise in full of the underwriter’s over-allotment option to purchase up to an additional 1,500,000 units. The offering was priced at $10.00 per unit, resulting in gross proceeds of
$115,000,000.