Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)
April 13 2022 - 09:00AM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
6-K
Report
of Foreign Private Issuer
Pursuant
to Rule 13a-16 or 15d-16
of
the Securities Exchange Act of 1934
April
11, 2022
Commission
File Number: 1-37968
YATRA
ONLINE, INC.
Gulf
Adiba, Plot No. 272,
04th
Floor, Udyog Vihar, Phase-II,
Sector-20,
Gurugram-122008, Haryana
India
(Address
of principal executive office)
Indicate
by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form
20-F ☒ Form 40-F ☐
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
Other
Events
Ebix
Litigation update
As
previously disclosed, on June 5, 2020, Yatra Online, Inc. (“we” or the “Company”)
delivered to Ebix Inc. (“Ebix”) our notice of termination of the merger agreement with Ebix and filed litigation in
the Court of Chancery of the State of Delaware based upon Ebix’s breaches of the merger agreement and an ancillary extension agreement.
In addition, we also sued Ebix for fraud and sued Ebix’s consortium of lenders for tortious interference with contractual relations.
On August 30, 2021, the Court of Chancery granted Ebix’s motions to dismiss and dismissed the complaint in its entirety. On September
17, 2021, we filed a notice of appeal of the dismissal to the Supreme Court of the State of Delaware. The matter was heard by the Supreme
Court on March 23, 2022. On April 11, 2022, the Supreme Court affirmed the final judgement of the Court of Chancery.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.
|
YATRA
ONLINE, INC. |
|
|
Date:
April 13, 2022 |
By: |
/s/
Dhruv Shringi |
|
|
Dhruv
Shringi |
|
|
Chief
Executive Officer |
Yatra Online (NASDAQ:YTRA)
Historical Stock Chart
From Feb 2024 to Mar 2024
Yatra Online (NASDAQ:YTRA)
Historical Stock Chart
From Mar 2023 to Mar 2024