Hunter Maritime Acquisition has announced the commencement of its initial public offering of 15m units at a price of $10.00 per unit. The company will grant the underwriters a 45-day option to purchase up to 2,250,000 additional units.
The units are expected to be listed on the Nasdap Capital Market. Morgan Stanley is acting as sole book-running manager for the offering. I-Bankers Securities and KBC Securities USA are acting as co-managers for the offering.
Hunter Maritime Acquisition is a blank cheque company formed by Belgium’s Saverys family for the acquisition of shipping assets and companies in a range of sectors, starting with dry bulk.
Marc Saverys’s sons Alexander and Ludovic will serve as ceo and cfo respectively.