A Greek shipping company has filed for a $220m (â¬141.8m) special purpose acquisition company on the heels of a separate $688m reverse acquisition by a blank cheque company as the sector begins to show signs of life following a month of no filings.
The structure of Navios Maritime Acquisition Corp.âs preliminary filing reflects a return to the traditional Spac form with the managers taking a 20% stake in the company following an acquisition.
