Investing
IPO Pricing: Navios Maritime Acquisition Corporation (NNA.U, NM)
Published:
Last Updated:
Navios Maritime Acquisition Corporation (NYSE: NNA.U) has priced its IPO of 22,000,000 units at a price of $10.00 per unit for aggregate gross proceeds of $220,000,000. Each unit represents one share of common stock and one warrant to buy a share of stock at $7.00.
J.P. Morgan and Deutsche Bank were the joint book-running managers and S. Goldman Advisors LLC acted as the co-manager for the IPO.
If you check the filing dates and details we covered on this one, you might determine this was the fastest SPAC or Blank Check IPO in history.
Navios Maritime Holdings Inc. (NYSE: NM) is the sponsor company.
Jon C. Ogg
June 26, 2008
Get Ready To Retire (Sponsored)
Start by taking a quick retirement quiz from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes, or less.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Get started right here.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
