Hunter Maritime Acquisition Corp. launches IPO

Stock Markets — By on November 14, 2016 at 5:39 PM

Hunter logoNovember 14, 2016 — Hunter Maritime Acquisition Corp. (the “Company”) today announced the commencement of its initial public offering of 15,000,000 units at a price of $10.00 per unit. Each unit consists of one Class A common share of the Company and one-half of one warrant, each whole warrant entitling the holder thereof to purchase one Class A common share of the Company. 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 NASDAQ Capital Market (“NASDAQ”) and trade under the ticker symbol “HUNTU”. Once the securities composing the units begin separate trading, the Class A common shares and warrants are expected to be listed and trade on NASDAQ under the symbols “HUNT” and “HUNTW,” respectively.

Morgan Stanley is acting as sole book-running manager for the offering. I-Bankers Securities, Inc. and
KBC Securities USA, Inc. are acting as co-managers for the offering.

The offering may be made only by means of a prospectus. A written prospectus meeting the
requirements of Section 10 of the Securities Act of 1933, as amended, when available, may be
obtained from Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd
Floor, New York, New York 10014.

A registration statement relating to these securities has been filed with the U.S. Securities and
Exchange Commission, but has not yet become effective. The securities may not be sold, nor may
offers to buy be accepted, prior to the time the registration statement becomes effective. This press
release does not constitute an offer to sell or the solicitation of an offer to buy any securities issuable
pursuant to the registration statement, nor will there be any sale of these securities in any state or
jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or jurisdiction.

About Hunter Maritime Acquisition Corp.
Hunter Maritime Acquisition Corp. is a blank check company, also commonly referred to as a Special
Purpose Acquisition Company, or SPAC, formed for the purpose of acquiring, through a merger, capital
stock exchange, asset acquisition, debt acquisition, stock purchase, reorganization or other similar
business combination, vessels, vessel contracts (including contracts for the purchase and charter-in of
vessels) or one or more operating businesses, which the Company intends to be in the international
maritime shipping industry.

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