NEW YORK and GURGAON, India, Nov. 21, 2016 /PRNewswire/ -- Terrapin 3 Acquisition Corporation (NASDAQ: TRTL; TRTLW; TRTLU; "TRTL") announced today the date for the special meeting of stockholders ("Special Meeting") of TRTL to approve, among other things, the proposed business combination between TRTL and Yatra Online, Inc. ("Yatra"), a rapidly growing India-based online travel agency. As announced previously, Yatra and TRTL, a publicly traded blank check company, intend to combine in a transaction that values Yatra at an enterprise value of $218 million. As a result of the business combination, Yatra expects its common stock and warrants to be listed on the NASDAQ Stock Market under the symbols YTRA and YTRAW, respectively. TRTL's common stock and warrants will convert to ordinary shares and warrants of Yatra on a one-for-one basis in connection with the business combination. TRTL's stockholders of record at the close of business on November 14, 2016 (the "Record Date") are entitled to receive notice of the Special Meeting and to vote the shares of common stock of TRTL owned by them at the Special Meeting. The Special Meeting to approve the proposed business combination is to be held on December 12, 2016 at 10:00 a.m. Eastern Standard Time in the offices of Greenberg Traurig LLP, The MetLife Building, 200 Park Avenue, 14 th Floor, New York, New York 10166. The full Special Meeting agenda will be included in TRTL's definitive proxy statement, which will be mailed to all stockholders of record as of the Record Date. Stockholders of TRTL who wish to exercise their redemption rights must, prior to 5:00 p.m. Eastern Standard Time on December 8, 2016 (two business days before the Special Meeting), submit a request in writing that TRTL redeem their shares for cash to Continental Stock Transfer & Trust Company, TRTL's transfer agent, at the address set forth in the proxy statement/prospectus and follow the procedures set forth in the proxy statement/prospectus. Stockholders who hold their shares in "street name," which means the shares are held of record by a broker, bank or nominee, should contact their broker, bank or nominee to ensure that votes related to the shares beneficially owned by such stockholders are properly counted. In this regard, holders must provide the broker, bank or nominee with instructions on how to vote the shares or, if such a stockholder wishes to attend the meeting and vote in person, obtain a proxy from the broker, bank or nominee.