Navios Maritime Acquisition, a SPAC sponsored by drybulk shipper Navios Maritime (NYSE: NM) which intends to focus on the marine transportation and logistics industries, filed with the SEC for an IPO on Tuesday. The company plans to offer 22 million shares at an expected price of $10. The company's Chairman and CEO, Angeliki Frangou, was Chairman and CEO of SPAC International Shipping Enterprises before it acquired Navios Maritime in August 2005. J.P. Morgan and Deutsche Bank are the lead underwriters on the deal.
