Navios Maritime Acquisition Corp is selling a further chunk of equity to help cover the day-to-day business costs.
The Monaco-based tanker owner has priced an offering of 1.88 million shares of common stock for an aggregate of about $15m in a registered direct offering at $8 per share.
The offering, set to close on or about 24 October, expects to make $14m, to be put toward "general corporate purposes", the company said.
