Terrapin 3 Acquisition Corp
Completed 2016-12-16- CIK 1608298
- TRTL
- Now YTRA
- IPO 2014-07-17
- 119 filings
Filings, by quarter
119 filings over 12 quarters; dark bars carry a milestone
- 14 Q2: 7 filings
- 14 Q3: 26 filings
- 14 Q4: 1 filing
- 15 Q1: 8 filings
- 15 Q2: 1 filing
- 15 Q3: 2 filings
- 15 Q4: 3 filings
- 16 Q1: 8 filings
- 16 Q2: 3 filings
- 16 Q3: 23 filings
- 16 Q4: 32 filings
- 17 Q1: 5 filings
S-1 filed
IPO
Definitive agreement
Completed
- S-1 filed 14 Q2
- IPO 14 Q3
- Definitive agreement 16 Q3
- Completed 16 Q4
Successfully merged with Yatra Online, Inc. • Now trading as YTRA
SPAC Overview
$213M
IPO Size
Completed
Current Status
2014
IPO Year
Timeline Progress
About
Terrapin 3 Acquisition Corporation is a blank-check company formed to complete a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.
Key Information
IPO Date
2014-07-17
Total Redemptions
$113M
PIPE
$20M
SIC
6770
Completion Date
2016-12-16
Merger Target
Yatra Online, Inc.
SPAC Ticker
TRTL
Merged Ticker
YTRA
Stock Performance
YTRA
Trading Symbol
First Trade
2016-12-19
$10.00
6 Months Post-Merger
2017-06-23
$10.27
+3%
1 Year Post-Merger
2017-12-18
$8.13
-19%
2 Years Post-Merger
2018-12-18
$4.18
-58%
Current Price
2026-10-02
$0.88
-91%
SPAC Team
Underwriters
Extended Team Information
Nathan Leight chaired two previous SPACs that completed business combinations; Sanjay Arora and Guy Barudin were key members of the management team of Aldabra 2. The team has experience in capital markets, investment management, private equity, and operations, with Macquarie contributing financial advisory and deal-sourcing capabilities.