NEW YORK, July 11, 2016 /PRNewswire/ -- Terrapin 3
Acquisition Corporation (NASDAQ: TRTL, TRTLU, TRTLW) (the
"Company") today announced that it intends to convene and then
adjourn, without conducting any business, its special meeting of
stockholders scheduled to occur at 10:00
a.m., Eastern time, on July 13,
2016, and reconvene at 10:00 a.m.,
Eastern time, on July 19,
2016, to vote on the proposals described in the proxy
statement filed with the Securities and Exchange Commission ("SEC")
on June 10, 2016. At the special
meeting, stockholders of the Company will be asked to vote on a
proposal to amend the Company's amended and restated certificate of
incorporation to extend the date by which the Company has to
consummate a business combination for an additional 150 days, from
July 22, 2016 to December 19, 2016 (the "Extended Date"), provided
that the Company has executed a definitive agreement for a business
combination on or before July 22,
2016; and a proposal to amend the Company's investment
management trust agreement, dated July 16,
2014, by and between the Company and Continental Stock
Transfer & Trust Company to extend the date on which to
commence liquidating the trust account established in connection
with the Company's initial public offering in the event the Company
has not consummated a business combination by the Extended
Date.
The special meeting will still be held at the offices of
Greenberg Traurig, LLP, located at the MetLife Building, 200 Park
Avenue, New York, New York
10166.
If you have not submitted a proxy for use at the special
meeting, you are urged to do so promptly. No action is required by
any stockholder who has previously delivered a proxy and who does
not wish to revoke or change that proxy. Information about voting
or revoking a proxy is included in the proxy statement filed by the
Company with the SEC on June 10,
2016, which is available without charge on the SEC's website
at http://www.sec.gov.
About Terrapin 3 Acquisition Corporation
Terrapin 3 Acquisition Corporation is a blank check company
formed for the purpose of effecting a merger, capital stock
exchange, asset acquisition, stock purchase, reorganization or
similar business combination with one or more businesses. Terrapin
3 Acquisition Corporation completed its initial public offering in
July 2014, raising approximately
$212,750,000 in gross proceeds.
Forward-Looking Statements
Certain statements made herein are "forward-looking statements"
within the meaning of the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements may be identified by the use of words such as
"anticipate", "believe", "expect", "estimate", "plan", "outlook",
and "project" and other similar expressions that predict or
indicate future events or trends or that are not statements of
historical matters. These forward-looking statements reflect the
current analysis of existing information and are subject to various
risks and uncertainties. As a result, caution must be exercised in
relying on forward-looking statements. Due to known and unknown
risks, our actual results may differ materially from our
expectations or projections.
Additional information concerning factors that may impact our
expectations and projections can be found in our periodic filings
with the SEC, including our Annual Report on Form 10-K for the
fiscal year ended December 31, 2015
and Quarterly Report on Form 10-Q for the quarterly period ended
March 31, 2016 and in the proxy
statement filed by the Company with the SEC on June 10, 2016. Our SEC filings are available
publicly on the SEC's website at http://www.sec.gov. The Company
disclaims any obligation to update the forward-looking statements,
whether as a result of new information, future events or
otherwise.
Additional Information about the Amendments and Where to Find
It
In connection with the proposed Charter Amendment and Trust
Amendment, the Company filed a definitive proxy statement with the
SEC on June 10, 2016 and thereafter
commenced mailing the definitive proxy statement to its
stockholders as of the May 27, 2016
record date for the special meeting. Investors and security
holders of the Company are advised to read the definitive proxy
statement that was filed with the SEC in connection with the
Company's solicitation of proxies for its stockholders' meeting to
be held to approve the proposed Charter Amendment and Trust
Amendment because the definitive proxy statement contains important
information about the proposed Charter Amendment and Trust
Amendment. Stockholders may also obtain a copy of the definitive
proxy statement, as well as other relevant documents that have been
or will be filed with the SEC, without charge, at the SEC's website
at http://www.sec.gov or by directing a request to: Terrapin 3
Acquisition Corporation, c/o Terrapin Partners, 1700 Broadway, 18th
Floor, New York, New York 10019,
Attn: Stephen Schifrin,
Secretary.
If you have any questions or need assistance voting your shares,
please call our proxy solicitor, Morrow & Co., LLC at:
Morrow & Co., LLC, 470 West Avenue, Stamford, CT 06902, phone: (800) 662-5200
(banks and brokers call collect at: (203) 658-9400), email:
TRTL.info@morrowco.com.
Participants in Solicitation
The Company and certain of its directors, executive officers and
other members of its management and employees may be deemed to be
participants in the solicitation of proxies from the Company's
stockholders. Information concerning the interests of the directors
and executive officers of the Company is set forth in the
definitive proxy statement filed with the SEC on June 10, 2016.
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SOURCE Terrapin 3 Acquisition Corporation
