Nautilus Marine Acquisition Corp. Announces Pricing of $48,000,000 Initial Public Offering at $11.50/Share

Nautilus Marine Acquisition Corp.

today announced the pricing of its initial public offering of 4,800,000 units at a price of $10.00 per unit for gross proceeds of $48,000,000 on July 14, 2011. Each unit issued in the initial public offering consists of one share of common stock and one warrant to purchase one share of common stock at an exercise price of $11.50 per share.