Navios Maritime Acquisition Corp.
Form F-4/A
NAVIOS MARITIME ACQUISITION CORP filed this Form F-4/A on 11/13/2018
Document Outline
Entire Document (6373.8 KB)
Subdocument 1 - F-4/A - AMENDMENT NO. 1 TO F-4
Page 1 - As filed with the Securities and Exchange Commission on November 13, 2018
Page 2 - The information in this information statement/prospectus is not complete and may be changed. A regis
Page 3 - TABLE OF CONTENTS
Page 4 - PART II INFORMATION NOT REQUIRED IN PROSPECTUS
Page 5 - QUESTIONS AND ANSWERS
Page 6 - If you do not properly make an election in respect of your Navios Midstream Public Units by sending
Page 7 - Q. Is a vote of the Navios Acquisition stockholders required in order for Navios Acquisition to issu
Page 8 - Q. What if my Navios Midstream Public Units are certificated, but I cannot find the certificates?
Page 9 - SUMMARY
Page 10 - Navios Maritime Midstream Partners GP LLC
Page 11 - Description of the Navios Acquisition Series E Preferred Stock
Page 12 - Election Procedures (page [ ])
Page 13 - Opinion of Financial Advisor to Navios Midstream s Conflicts Committee (page [ ])
Page 14 - opinion of counsel to the effect that the Merger will qualify for the Intended Tax Treatment. In add
Page 15 - When the Merger Becomes Effective
Page 16 - Termination
Page 17 - Other Information Related to the Merger
Page 18 - SELECTED CONSOLIDATED HISTORICAL FINANCIAL DATA OF NAVIOS ACQUISITION
Page 19 - N/A
Page 20 - SELECTED CONSOLIDATED HISTORICAL FINANCIAL DATA OF NAVIOS MIDSTREAM
Page 21 - N/A
Page 22 - SUMMARY UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL INFORMATION
Page 23 - Statement of Operations
Page 24 - COMPARATIVE PER SHARE AND PER UNIT DATA
Page 25 - N/A
Page 26 - COMPARATIVE PER SHARE AND PER UNIT MARKET PRICE INFORMATION
Page 27 - RISK FACTORS
Page 28 - If you elect (or are deemed to have elected) to receive Preferred Stock Consideration instead of Com
Page 29 - The Merger is subject to closing conditions that, if not satisfied or waived, will result in the Mer
Page 30 - The successful execution of the integration strategy following the consummation of the Merger will i
Page 31 - N/A
Page 32 - N/A
Page 33 - Navios Acquisition could be materially adversely affected by violations of the U.S. Foreign Corrupt
Page 34 - Additional Risk Factors
Page 35 - CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
Page 36 - N/A
Page 37 - WRITTEN CONSENTS OF HOLDERS OF NAVIOS MIDSTREAM COMMON UNITS
Page 38 - THE MERGER
Page 39 - Background of the Transaction
Page 40 - N/A
Page 41 - N/A
Page 42 - N/A
Page 43 - N/A
Page 44 - N/A
Page 45 - Resolution of Conflict of Interest; Standards of Conduct and Modification of Duties
Page 46 - Reasons for the Navios Midstream Conflicts Committee s Recommendation
Page 47 - N/A
Page 48 - N/A
Page 49 - N/A
Page 50 - Unaudited Financial Projections of Navios Acquisition and Navios Midstream
Page 51 - Opinion of Financial Advisor to Navios Midstream s Conflicts Committee
Page 52 - undertaken by Piper Jaffray in rendering its opinion, and is attached hereto as Annex C. You are enc
Page 53 - N/A
Page 54 - Merger Analysis
Page 55 - Analysis of Navios Midstream
Page 56 - N/A
Page 57 - N/A
Page 58 - Analysis of Navios Acquisition
Page 59 - N/A
Page 60 - Analysis of the Combined Company
Page 61 - N/A
Page 62 - N/A
Page 63 - General
Page 64 - Reasons for the Approval of the Navios Acquisition Board
Page 65 - N/A
Page 66 - Interests of Navios Midstream s Directors and Officers in the Merger
Page 67 - Director and Officer Indemnification and Insurance
Page 68 - Listing of Navios Acquisition Common Stock and Navios Acquisition Series E Preferred Stock to be Iss
Page 69 - UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL INFORMATION
Page 70 - Unaudited Pro Forma Condensed Combined Balance Sheet
Page 71 - Unaudited Pro Forma Condensed Combined Statement of Operations
Page 72 - Unaudited Pro Forma Condensed Combined Statement of Operations
Page 73 - Pro Forma Adjustments
Page 74 - N/A
Page 75 - MATERIAL U.S. FEDERAL INCOME TAX CONSEQUENCES OF THE MERGER
Page 76 - However, the completion of the Merger is not conditioned upon the receipt of an opinion of counsel t
Page 77 - N/A
Page 78 - THE MERGER AGREEMENT
Page 79 - When the Merger Becomes Effective
Page 80 - Exchange of Units
Page 81 - Conditions to the Merger
Page 82 - Representations and Warranties
Page 83 - Covenants and Other Agreements
Page 84 - N/A
Page 85 - Indemnification and Insurance
Page 86 - Amendment and Waiver
Page 87 - DESCRIPTION OF NAVIOS ACQUISITION CAPITAL STOCK
Page 88 - Series E Preferred Stock
Page 89 - N/A
Page 90 - N/A
Page 91 - N/A
Page 92 - Registration Rights
Page 93 - Dividends
Page 94 - Transfer Agent
Page 95 - COMPARISON OF STOCKHOLDER AND UNITHOLDER RIGHTS
Page 96 - N/A
Page 97 - N/A
Page 98 - N/A
Page 99 - N/A
Page 100 - N/A
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Page 105 - N/A
Page 106 - N/A
Page 107 - N/A
Page 108 - N/A
Page 109 - REPUBLIC OF MARSHALL ISLANDS COMPANY CONSIDERATIONS
Page 110 - N/A
Page 111 - N/A
Page 112 - N/A
Page 113 - ENFORCEABILITY OF NAVIOS ACQUISITION CIVIL LIABILITIES
Page 114 - LEGAL MATTERS
Page 115 - EXPERTS
Page 116 - WHERE YOU CAN FIND MORE INFORMATION
Page 117 - Annex A
Page 118 - TABLE OF CONTENTS
Page 119 - EXHIBIT
Page 120 - AGREEMENT AND PLAN OF MERGER
Page 121 - N/A
Page 122 - N/A
Page 123 - N/A
Page 124 - N/A
Page 125 - N/A
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Page 157 - N/A
Page 158 - N/A
Page 159 - N/A
Page 160 - N/A
Page 161 - N/A
Page 162 - Annex B
Page 163 - N/A
Page 164 - N/A
Page 165 - N/A
Page 166 - N/A
Page 167 - N/A
Page 168 - N/A
Page 169 - N/A
Page 170 - Annex C
Page 171 - N/A
Page 172 - N/A
Page 173 - N/A
Page 174 - Annex D
Page 175 - TABLE OF CONTENTS
Page 176 - FORWARD-LOOKING STATEMENTS
Page 177 - N/A
Page 178 - PART I
Page 179 - N/A
Page 180 - N/A
Page 181 - RISK FACTORS
Page 182 - N/A
Page 183 - Spot market rates for tanker vessels are highly volatile and may decrease in the future, which may m
Page 184 - An oversupply of tanker vessel capacity may lead to reductions in charter hire rates, vessel values
Page 185 - Charter rates in the crude oil tankers sector in which we operate and in the product and chemical ta
Page 186 - Delays in deliveries of second-hand vessels, our decision to cancel an order for purchase of a vesse
Page 187 - Our growth depends on continued growth in demand for crude oil, refined petroleum products (clean an
Page 188 - We may be unable to make or realize expected benefits from acquisitions, and implementing our growth
Page 189 - If we fail to manage our planned growth properly, we may not be able to expand our fleet successfull
Page 190 - We may face unexpected maintenance costs, which could materially adversely affect our business, fina
Page 191 - The market values of tanker vessels have declined from historically high levels and may fluctuate si
Page 192 - Future increases in vessel operating expenses, including rising fuel prices, could materially advers
Page 193 - A decrease in the level of China s imports of crude oil or petroleum products or a decrease in oil t
Page 194 - The employment of our vessels could be adversely affected by an inability to clear the oil majors ri
Page 195 - We depend on significant customers for part of our revenue. Charterers may terminate or default on t
Page 196 - We are subject to inherent operational risks that may not be adequately covered by our insurance. If
Page 197 - We are subject to various laws, regulations and conventions, including environmental and safety laws
Page 198 - N/A
Page 199 - N/A
Page 200 - Climate change and government laws and regulations related to climate change could negatively impact
Page 201 - N/A
Page 202 - We are subject to vessel security regulations and we incur costs to comply with adopted regulations.
Page 203 - Our international activities increase the compliance risks associated with economic and trade sancti
Page 204 - N/A
Page 205 - We could be materially adversely affected by violations of the U.S. Foreign Corrupt Practices Act, t
Page 206 - Increased inspection procedures and tighter import and export controls could increase costs and disr
Page 207 - The smuggling of drugs or other contraband onto our vessels may lead to governmental claims against
Page 208 - Acts of piracy on ocean-going vessels have increased in frequency and magnitude, which could adverse
Page 209 - Governments could requisition vessels of a target business during a period of war or emergency, resu
Page 210 - N/A
Page 211 - As international tank companies often generate most or all of their revenues in U.S. dollars but inc
Page 212 - Navios Holdings may compete directly with us, causing certain officers to have a conflict of interes
Page 213 - Risks Related to Our Common Stock and Capital Structure
Page 214 - Anti-takeover provisions in our amended and restated articles of incorporation could make it difficu
Page 215 - Risks Related to Our Indebtedness
Page 216 - The agreements and instruments governing our indebtedness and other obligations do or will contain r
Page 217 - Our ability to generate the significant amount of cash needed to service our other indebtedness and
Page 218 - An increase or continuing volatility in interest rates would increase the cost of servicing our inde
Page 219 - We may require additional financing to acquire vessels or businesses or to exercise vessel purchase
Page 220 - Other Tax Jurisdictions
Page 221 - Item 4. Information on the Company
Page 222 - Vessel Deliveries, Acquisitions and Sales
Page 223 - B. Business Overview
Page 224 - Navios Acquisition s Fleet
Page 225 - Competitive Strengths
Page 226 - Business Strategy
Page 227 - Our Customers
Page 228 - Competition
Page 229 - Expenses
Page 230 - Oil Company Tanker Vetting Process
Page 231 - N/A
Page 232 - N/A
Page 233 - N/A
Page 234 - N/A
Page 235 - N/A
Page 236 - N/A
Page 237 - N/A
Page 238 - N/A
Page 239 - N/A
Page 240 - Risk of Loss and Liability Insurance
Page 241 - Uninsured Risks
Page 242 - Crewing and Staff
Page 243 - Affiliates included in the financial statements accounted for under the equity method:
Page 244 - D. Property, plants and equipment
Page 245 - Fleet Development
Page 246 - N/A
Page 247 - Our Charters
Page 248 - Vessels Operations
Page 249 - Administrative Services
Page 250 - A. Operating results
Page 251 - Period over Period Comparisons
Page 252 - Revenue: Revenue for the year ended December 31, 2017 decreased by $63.0 million, or 21.7%, to $227.
Page 253 - Interest income: Interest income for year ended December 31, 2017 increased by $5.3 million to $10.0
Page 254 - Year Ended December 31, 2016 Compared to the Year Ended December 31, 2015
Page 255 - Revenue: Revenue for the year ended December 31, 2016 decreased by $23.2 million, or 7.4%, to $290.2
Page 256 - Depreciation and amortization: Depreciation and amortization amounted to $57.6 million for each of t
Page 257 - N/A
Page 258 - Cash flows for the year ended December 31, 2017 compared to the year ended December 31, 2016:
Page 259 - Cash provided by investing activities for the year ended December 31, 2017 as compared to the year e
Page 260 - Cash flows for the year ended December 31, 2016 compared to the year ended December 31, 2015:
Page 261 - Cash provided by/ (used in) investing activities for the year ended December 31, 2016 as compared to
Page 262 - Reconciliation of EBITDA and Adjusted EBITDA to Net Cash from Operating Activities
Page 263 - Long-Term Debt Obligations and Credit Arrangements
Page 264 - Guarantees
Page 265 - N/A
Page 266 - N/A
Page 267 - Sale and Leaseback Agreement
Page 268 - Critical Accounting Policies
Page 269 - N/A
Page 270 - Use of Estimates: The preparation of consolidated financial statements in conformity with U.S. GAAP
Page 271 - N/A
Page 272 - Revenue Recognition: Revenue is recorded when services are rendered, under a signed charter agreemen
Page 273 - Pooling arrangements: For vessels operating in pooling arrangements, the Company earns a portion of
Page 274 - Recent Accounting Pronouncements
Page 275 - N/A
Page 276 - N/A
Page 277 - Item 6. Directors, Senior Management and Employees
Page 278 - Vasiliki Papaefthymiou has been our Secretary since our inception. Ms. Papaefthymiou has also served
Page 279 - Ted C. Petrone has been a member of our Board of Directors since our inception and was our President
Page 280 - Board Classes
Page 281 - Nominating committee
Page 282 - Facilities
Page 283 - Item 7. Major Stockholders and Related Party Transactions
Page 284 - Stock options and restricted shares
Page 285 - Navios Midstream
Page 286 - The Management Agreement
Page 287 - N/A
Page 288 - The Administrative Services Agreement
Page 289 - Navios Europe I
Page 290 - Navios Europe II
Page 291 - The Acquisition Omnibus Agreement
Page 292 - The Midstream Omnibus Agreement
Page 293 - Navios Containers Omnibus Agreement
Page 294 - Sale of C. Dream and Nave Celeste
Page 295 - Item 8. Financial Information
Page 296 - B. Significant Changes
Page 297 - B. Memorandum and Articles of Association
Page 298 - N/A
Page 299 - N/A
Page 300 - D. Exchange controls
Page 301 - MATERIAL INCOME TAX CONSIDERATIONS
Page 302 - We urge beneficial owners of shares of our common stock to consult their own tax advisers as to the
Page 303 - N/A
Page 304 - Taxation in Absence of Exemption
Page 305 - United States Taxation of Gain on Sale of Vessels
Page 306 - Medicare Tax below. Because the common stock of Navios Acquisition was traded on the NYSE during 201
Page 307 - N/A
Page 308 - Taxation of U.S. Holders Making a Timely QEF Election
Page 309 - Taxation of U.S. Holders Not Making a Timely QEF or Mark-to-Market Election
Page 310 - are correct. In addition, U.S. Holders should consult their tax advisers regarding the IRS informati
Page 311 - U.S. Backup Withholding Tax and Related Information Reporting Requirements
Page 312 - Item 11. Quantitative and Qualitative Disclosures about Market Risks
Page 313 - PART II
Page 314 - D. Changes in internal control over financial reporting
Page 315 - Item 16D. Exemptions from the Listing Standards for Audit Committees
Page 316 - N/A
Page 317 - N/A
Page 318 - N/A
Page 319 - N/A
Page 320 - N/A
Page 321 - Date: April 5, 2018
Page 322 - NAVIOS MARITIME ACQUISITION CORPORATION
Page 323 - REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
Page 324 - N/A
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Page 373 - NAVIOS MARITIME ACQUISITION CORPORATION
Page 374 - Annex E
Page 375 - NAVIOS MARITIME ACQUISITION CORPORATION
Page 376 - Operating and Financial Review and Prospects
Page 377 - Recent Developments
Page 378 - Bareboat structure on newbuild Very Large Crude Carriers ( VLCC )
Page 379 - N/A
Page 380 - Charter Policy and Industry Outlook
Page 381 - Voyage, Time Charter and Pooling Arrangements
Page 382 - N/A
Page 383 - Period-over-Period Comparisons
Page 384 - General and administrative expenses: Total general and administrative expenses for the three month p
Page 385 - For the Nine Month Period ended September 30, 2018, as compared to the Nine Month Period ended Septe
Page 386 - General and administrative expenses: Total general and administrative expenses for the nine month pe
Page 387 - Liquidity and Capital Resources
Page 388 - Cash Flow
Page 389 - Cash provided by investing activities for the nine month period ended September 30, 2018, as compare
Page 390 - Reconciliation of EBITDA and Adjusted EBITDA to Net Cash from Operating Activities
Page 391 - N/A
Page 392 - Long-Term Debt Obligations and Credit Arrangements
Page 393 - Sale and Leaseback Agreement
Page 394 - Off-Balance Sheet Arrangements Legal Proceedings
Page 395 - Related Party Transactions
Page 396 - General and administrative expenses: Pursuant to the Administrative Services Agreement with Navios H
Page 397 - Midstream Omnibus Agreement: Navios Acquisition entered into an omnibus agreement (the Midstream Omn
Page 398 - Option Vessels: In connection with the IPO of Navios Midstream, Navios Acquisition granted options t
Page 399 - Quantitative and Qualitative Disclosures about Market Risks
Page 400 - Inflation
Page 401 - N/A
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Page 435 - NAVIOS MARITIME ACQUISITION CORPORATION
Page 436 - NAVIOS MARITIME ACQUISITION CORPORATION
Page 437 - SIGNATURES
Page 438 - Annex F
Page 439 - TABLE OF CONTENTS
Page 440 - FORWARD-LOOKING STATEMENTS
Page 441 - N/A
Page 442 - PART I
Page 443 - A. Selected Financial Data
Page 444 - B. Capitalization and indebtedness
Page 445 - RISK FACTORS
Page 446 - Any limitation on the availability or operation of our six vessels could have a material adverse eff
Page 447 - Charter rates in the crude oil tankers sector in which we operate and in the product and chemical ta
Page 448 - Spot market rates for tanker vessels are highly volatile and may decrease in the future, which may m
Page 449 - The cyclical nature of the tanker industry may lead to volatility in charter rates and vessel values
Page 450 - An oversupply of tanker vessel capacity may lead to reductions in charter hire rates, vessel values
Page 451 - Increasing self-sufficiency in energy by the United States could lead to a decrease in imports of oi
Page 452 - Our ability to grow and to meet our financial needs may be adversely affected by our cash distributi
Page 453 - Our debt levels may limit our flexibility in obtaining additional financing and in pursuing other bu
Page 454 - Our Term Loan B contains restrictive covenants, which may limit our business and financing activitie
Page 455 - If we fail to manage our planned growth properly, we may not be able to expand our fleet successfull
Page 456 - Our future capital needs are uncertain and we may need to raise additional funds in the future.
Page 457 - We may be unable to make or realize expected benefits from acquisitions, and implementing our growth
Page 458 - Delays in deliveries of additional vessels, our decision to cancel an order for purchase of a vessel
Page 459 - All of the vessels we have acquired are second-hand vessels, and we may acquire more second-hand ves
Page 460 - Any decrease in shipments of crude oil from the Arabian Gulf or West Africa may materially adversely
Page 461 - We may face unexpected maintenance costs, which could materially adversely affect our business, fina
Page 462 - The crude oil, refined petroleum product, LPG and chemical tanker sectors are subject to seasonal fl
Page 463 - N/A
Page 464 - N/A
Page 465 - N/A
Page 466 - Climate change and government laws and regulations related to climate change could negatively impact
Page 467 - The loss of key members of our senior management team could disrupt the management of our business.
Page 468 - The Manager may on our behalf be unable to attract and retain qualified, skilled employees or crew n
Page 469 - The operation of ocean-going vessels entails the possibility of marine disasters including damage or
Page 470 - A failure to pass inspection by classification societies could result in our vessels becoming unempl
Page 471 - If we experienced a catastrophic loss and our insurance is not adequate to cover such loss, it could
Page 472 - Disruptions in world financial markets and the resulting governmental action in Europe, the United S
Page 473 - Acts of piracy on ocean-going vessels have increased in frequency and magnitude, which could adverse
Page 474 - The employment of our vessels could be adversely affected by an inability to clear the oil majors ri
Page 475 - Our international activities increase the compliance risks associated with economic and trade sancti
Page 476 - N/A
Page 477 - N/A
Page 478 - We could be materially adversely affected by violations of the U.S. Foreign Corrupt Practices Act, t
Page 479 - Political and government instability, terrorist attacks, increased hostilities or war could lead to
Page 480 - Labor interruptions and problems could disrupt our business.
Page 481 - Unitholders have limited voting rights and our partnership agreement restricts the voting rights of
Page 482 - Our officers face conflicts in the allocation of their time to our business.
Page 483 - Our partnership agreement limits our general partner s and our directors fiduciary duties to our uni
Page 484 - Our partnership agreement contains provisions that may have the effect of discouraging a person or g
Page 485 - The control of our general partner may be transferred to Navios Holdings or a third party without un
Page 486 - Our management will have broad discretion with respect to the use of the proceeds resulting from the
Page 487 - Unitholders may not have limited liability if a court finds that unitholder action constitutes contr
Page 488 - Because we are organized under the laws of the Marshall Islands and our business is operated primari
Page 489 - U.S. tax authorities could treat us as a passive foreign investment company, which could have advers
Page 490 - You may be subject to income tax in one or more non-U.S. countries, including Greece, as a result of
Page 491 - A. History and Development of the Partnership
Page 492 - Our Fleet
Page 493 - Option Vessels
Page 494 - Business Strategies
Page 495 - Our Customers
Page 496 - Management of Ship Operations, Administration and Safety
Page 497 - Oil Company Tanker Vetting Process
Page 498 - N/A
Page 499 - Uninsured Risks
Page 500 - Ship safety regulations
Page 501 - N/A
Page 502 - Greenhouse gas emissions
Page 503 - Other international regulations to prevent pollution
Page 504 - United States environmental regulations and laws governing civil liability for pollution
Page 505 - N/A
Page 506 - N/A
Page 507 - International laws governing civil liability to pay compensation or damages
Page 508 - Facilities
Page 509 - Election to be Treated as a Corporation. We have elected to be treated as a corporation for U.S. fed
Page 510 - N/A
Page 511 - The Net Basis Tax and Branch Profits Tax. If we earn U.S. Source International Transportation Income
Page 512 - The 4.0% Gross Basis Tax. If the Section 883 Exemption does not apply and the net basis tax does not
Page 513 - Term Loan B: On June 18, 2015, Navios Midstream and Navios Maritime Midstream Finance (US) Inc. ( Na
Page 514 - N/A
Page 515 - Vessel Operations
Page 516 - Administrative Services
Page 517 - A. Operating results
Page 518 - Time charter expenses: Time charter expenses for the year ended December 31, 2017 decreased by $0.3
Page 519 - Year Ended December 31, 2016 Compared to the Year Ended December 31, 2015
Page 520 - Time charter expenses: Time charter expenses for the year ended December 31, 2016 increased by $0.4
Page 521 - B. Liquidity and Capital Resources
Page 522 - Term Loan B: On June 18, 2015, Navios Midstream and Navios Finance, as co-borrowers, completed the i
Page 523 - Cash provided by operating activities for the year ended December 31, 2017 compared to the year ende
Page 524 - Cash flows for the year ended December 31, 2016 compared to the year ended December 31, 2015:
Page 525 - Cash used in investing activities for the year ended December 31, 2016 as compared to the year ended
Page 526 - Operating Surplus
Page 527 - Borrowings
Page 528 - Possible Acquisitions of Other Vessels
Page 529 - Critical Accounting Policies
Page 530 - Use of Estimates: The preparation of consolidated financial statements in conformity with U.S. GAAP
Page 531 - N/A
Page 532 - Revenue Recognition: Revenue is recorded: (i) when services are rendered; (ii) the Company has signe
Page 533 - Provisions
Page 534 - A. Directors and Senior Management
Page 535 - Efstratios Desypris has been our Senior Vice President Business Development and a member of our boar
Page 536 - Vasilios Mouyis has been a member of our board of directors since our inception. Mr. Mouyis has over
Page 537 - C. Board Practices
Page 538 - N/A
Page 539 - D. Employees
Page 540 - A. Major Unitholders
Page 541 - N/A
Page 542 - N/A
Page 543 - N/A
Page 544 - Management Agreement
Page 545 - N/A
Page 546 - Administrative Services Agreement
Page 547 - Share Purchase Agreement
Page 548 - Balances due from related parties: Balance due from related parties as of December 31, 2017 and Dece
Page 549 - A. Consolidated Statements and Other Financial Information
Page 550 - Minimum Quarterly Distributions
Page 551 - Subordination period
Page 552 - B. Significant Changes
Page 553 - A. Share Capital
Page 554 - D. Exchange controls
Page 555 - MATERIAL U.S. FEDERAL INCOME TAX CONSIDERATIONS
Page 556 - U.S. Federal Income Taxation of U.S. Holders
Page 557 - Sale, Exchange or Other Disposition of Common Units
Page 558 - Taxation of U.S. Holders Making a Timely QEF Election
Page 559 - Taxation of U.S. Holders Making a Mark-to-Market Election
Page 560 - Controlled Foreign Corporation
Page 561 - Backup Withholding and Information Reporting
Page 562 - NON-UNITED STATES TAX CONSIDERATION
Page 563 - Interest Rate Risk
Page 564 - Disclosure Controls and Procedures
Page 565 - Audit Fees
Page 566 - N/A
Page 567 - N/A
Page 568 - SIGNATURES
Page 569 - NAVIOS MARITIME MIDSTREAM PARTNERS L.P.
Page 570 - Report of Independent Registered Public Accounting Firm
Page 571 - NAVIOS MARITIME MIDSTREAM PARTNERS L.P.
Page 572 - NAVIOS MARITIME MIDSTREAM PARTNERS L.P.
Page 573 - NAVIOS MARITIME MIDSTREAM PARTNERS L.P.
Page 574 - NAVIOS MARITIME MIDSTREAM PARTNERS L.P.
Page 575 - NAVIOS MARITIME MIDSTREAM PARTNERS L.P.
Page 576 - NAVIOS MARITIME MIDSTREAM PARTNERS L.P.
Page 577 - NAVIOS MARITIME MIDSTREAM PARTNERS L.P.
Page 578 - NAVIOS MARITIME MIDSTREAM PARTNERS L.P.
Page 579 - NAVIOS MARITIME MIDSTREAM PARTNERS L.P.
Page 580 - NAVIOS MARITIME MIDSTREAM PARTNERS L.P.
Page 581 - NAVIOS MARITIME MIDSTREAM PARTNERS L.P.
Page 582 - NAVIOS MARITIME MIDSTREAM PARTNERS L.P.
Page 583 - NAVIOS MARITIME MIDSTREAM PARTNERS L.P.
Page 584 - NAVIOS MARITIME MIDSTREAM PARTNERS L.P.
Page 585 - NAVIOS MARITIME MIDSTREAM PARTNERS L.P.
Page 586 - NAVIOS MARITIME MIDSTREAM PARTNERS L.P.
Page 587 - NAVIOS MARITIME MIDSTREAM PARTNERS L.P.
Page 588 - NAVIOS MARITIME MIDSTREAM PARTNERS L.P.
Page 589 - NAVIOS MARITIME MIDSTREAM PARTNERS L.P.
Page 590 - NAVIOS MARITIME MIDSTREAM PARTNERS L.P.
Page 591 - NAVIOS MARITIME MIDSTREAM PARTNERS L.P.
Page 592 - NAVIOS MARITIME MIDSTREAM PARTNERS L.P.
Page 593 - NAVIOS MARITIME MIDSTREAM PARTNERS L.P.
Page 594 - NAVIOS MARITIME MIDSTREAM PARTNERS L.P.
Page 595 - NAVIOS MARITIME MIDSTREAM PARTNERS L.P.
Page 596 - UNITED STATES
Page 597 - NAVIOS MARITIME MIDSTREAM PARTNERS L.P.
Page 598 - Operating and Financial Review and Prospects
Page 599 - Overview
Page 600 - Our Fleet
Page 601 - Option Vessels
Page 602 - Trends and Factors Affecting Our Future Results of Operations
Page 603 - Results of Operations
Page 604 - FINANCIAL HIGHLIGHTS
Page 605 - General and administrative expenses: Total general and administrative expenses for the three month p
Page 606 - Depreciation and amortization: Depreciation and amortization for the nine month period ended Septemb
Page 607 - Credit Facilities
Page 608 - Cash used in investing activities for the nine month period ended September 30, 2018, as compared to
Page 609 - Reconciliation of EBITDA and Adjusted EBITDA to Net Cash from Operating Activities and Operating Sur
Page 610 - Operating Surplus
Page 611 - Borrowings
Page 612 - F. Contractual Obligations and Contingencies
Page 613 - Cash Distribution Policy
Page 614 - Incentive Distribution Rights
Page 615 - Related Party Transactions
Page 616 - Backstop agreements: On November 18, 2014, Navios Acquisition entered into backstop agreements with
Page 617 - Quantitative and Qualitative Disclosures about Market Risks
Page 618 - Inflation
Page 619 - NAVIOS MARITIME MIDSTREAM PARTNERS L.P.
Page 620 - NAVIOS MARITIME MIDSTREAM PARTNERS L.P.
Page 621 - NAVIOS MARITIME MIDSTREAM PARTNERS L.P.
Page 622 - NAVIOS MARITIME MIDSTREAM PARTNERS L.P.
Page 623 - NAVIOS MARITIME MIDSTREAM PARTNERS L.P.
Page 624 - NAVIOS MARITIME MIDSTREAM PARTNERS L.P.
Page 625 - NAVIOS MARITIME MIDSTREAM PARTNERS L.P.
Page 626 - NAVIOS MARITIME MIDSTREAM PARTNERS L.P.
Page 627 - NAVIOS MARITIME MIDSTREAM PARTNERS L.P.
Page 628 - NAVIOS MARITIME MIDSTREAM PARTNERS L.P.
Page 629 - NAVIOS MARITIME MIDSTREAM PARTNERS L.P.
Page 630 - NAVIOS MARITIME MIDSTREAM PARTNERS L.P.
Page 631 - NAVIOS MARITIME MIDSTREAM PARTNERS L.P.
Page 632 - NAVIOS MARITIME MIDSTREAM PARTNERS L.P.
Page 633 - NAVIOS MARITIME MIDSTREAM PARTNERS L.P.
Page 634 - NAVIOS MARITIME MIDSTREAM PARTNERS L.P.
Page 635 - NAVIOS MARITIME MIDSTREAM PARTNERS L.P.
Page 636 - NAVIOS MARITIME MIDSTREAM PARTNERS L.P.
Page 637 - NAVIOS MARITIME MIDSTREAM PARTNERS L.P.
Page 638 - NAVIOS MARITIME MIDSTREAM PARTNERS L.P.
Page 639 - NAVIOS MARITIME MIDSTREAM PARTNERS L.P.
Page 640 - NAVIOS MARITIME MIDSTREAM PARTNERS L.P.
Page 641 - SIGNATURES
Page 642 - PART II
Page 643 - Item 21. Exhibits and Financial Statements.
Page 644 - EXHIBIT INDEX
Page 645 - N/A
Page 646 - N/A
Page 647 - N/A
Page 648 - Item 22. Undertakings.
Page 649 - EXHIBIT INDEX
Page 650 - N/A
Page 651 - N/A
Page 652 - N/A
Page 653 - N/A
Page 654 - SIGNATURES
Page 655 - Authorized Representative
Subdocument 2 - EX-5.1 - EX-5.1
Page 1 - Exhibit 5.1
Page 2 - Opinion
Page 3 - Disclosure
Page 4 - SCHEDULE 1
Subdocument 3 - EX-23.1 - EX-23.1
Page 1 - N/A
Subdocument 4 - EX-23.2 - EX-23.2
Page 1 - N/A
Subdocument 5 - EX-99.1 - EX-99.1
Page 1 - Exhibit 99.1
Page 2 - Any unit certificate(s) received by the Exchange Agent prior to the closing of the Merger will be he
Page 3 - ELECTION FORM
Page 4 - This election governs the Merger consideration that you, as a holder of Navios Midstream Public Unit
Page 5 - PREFERRED STOCK CONSIDERATION (1 share of Navios Acquisition Series E Preferred Stock per Navios Mid
Page 6 - Step 2. SIGNATURE(S) REQUIRED. Signature of Registered Holder(s) or Agent.
Page 7 - SPECIAL ISSUANCE FORM
Page 8 - INSTRUCTIONS
Page 9 - N/A
Page 10 - ELECTION INFORMATION BOOKLET
Page 11 - N/A
Page 12 - N/A
Page 13 - N/A
Page 14 - N/A
Page 15 - ELECTION INFORMATION
Page 16 - Therefore, neither Navios Midstream nor Navios Acquisition can ensure that all holders of Navios Mid
Page 17 - NOTHING CONTAINED HEREIN OR IN THE ENCLOSED DOCUMENTS SHALL CONSTITUTE THE APPOINTMENT OF YOU OR ANY
Page 18 - ELECTION INFORMATION
Page 19 - Therefore, neither Navios Midstream nor Navios Acquisition can ensure that all holders of Navios Mid
Page 20 - If you do not elect one of these options, the Exchange Agent will treat you as having made an electi
Page 21 - NOTICE OF GUARANTEED DELIVERY
Page 22 - GUARANTEE
Subdocument 6 - EX-99.2 - EX-99.2
Page 1 - N/A