Unassociated Document

SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.  20549

SCHEDULE 13D


INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(a)

(Amendment No. 2)*


Navios Maritime Acquisition Corporation
(Name of Issuer)

Common Stock, par value $0.0001 per share
(Title of Class of Securities)

Y62159101
(CUSIP Number)

Malibu Partners, LLC
15332 Antioch Street #528
Pacific Palisades, CA 90272
Attention: Kenneth J. Abdalla

Tel:  310-393-1370
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

June 2, 2010
(Date of Event Which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box  o.

Note.  Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7(b) for other parties to whom copies are to be sent.

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes.)

 
Page 1 of 8 pages
 
 
CUSIP No.:  Y62159101
 
NAME OF REPORTING PERSON
   
1
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
   
  Malibu Partners, LLC
   
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP       
 
(a) o
 
(b) o
   
3
SEC USE ONLY
   
4
SOURCE OF FUNDS
   
  PF
   
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)  o
   
6
CITIZENSHIP OR PLACE OF ORGANIZATION
   
  California
     
NUMBER OF
7
SOLE VOTING POWER   -   0
SHARES
    
BENEFICIALLY
8
SHARED VOTING POWER   -   448,000
OWNED BY
    
EACH REPORTING
9
SOLE DISPOSITIVE POWER   -     0
PERSON WITH
  
  
 
10
SHARED DISPOSITIVE POWER   -  448,000
 
  
  
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  448,000
   
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES o
   
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  1.4%
   
14
TYPE OF REPORTING PERSON
   
  OO
 
 
Page 2 of 8 pages
 
 
CUSIP No.:  Y62159101
 
NAME OF REPORTING PERSON
   
1
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
   
  Malibu Capital Partners, LLC
   
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP       
 
(a) o
 
(b) o
   
3
SEC USE ONLY
   
4
SOURCE OF FUNDS
   
  PF
   
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)  o
   
6
CITIZENSHIP OR PLACE OF ORGANIZATION
   
  California
     
NUMBER OF
7
SOLE VOTING POWER   -   0
SHARES
    
BENEFICIALLY
8
SHARED VOTING POWER   -   0
OWNED BY
    
EACH REPORTING
9
SOLE DISPOSITIVE POWER   -     0
PERSON WITH
  
  
 
10
SHARED DISPOSITIVE POWER   -  0
 
  
  
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  0
   
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES o
   
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  0.0%
   
14
TYPE OF REPORTING PERSON
   
  OO
 
 
Page 3 of 8 pages
 
 
CUSIP No.:  Y62159101
 
NAME OF REPORTING PERSON
   
1
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
   
  Broad Beach Partners, LLC
   
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP       
 
(a) o
 
(b) o
   
3
SEC USE ONLY
   
4
SOURCE OF FUNDS
   
  PF
   
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)  o
   
6
CITIZENSHIP OR PLACE OF ORGANIZATION
   
  California
     
NUMBER OF
7
SOLE VOTING POWER   -   0
SHARES
    
BENEFICIALLY
8
SHARED VOTING POWER   -   50,000
OWNED BY
    
EACH REPORTING
9
SOLE DISPOSITIVE POWER   -     0
PERSON WITH
  
  
 
10
SHARED DISPOSITIVE POWER   -  50,000
 
  
  
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  50,000
   
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES o
   
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  0.2%
   
14
TYPE OF REPORTING PERSON
   
  OO

 
Page 4 of 8 pages
 
 
CUSIP No.:  Y62159101
 
NAME OF REPORTING PERSON
   
1
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
   
  Kenneth J. Abdalla
   
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP       
 
(a) o
 
(b) o
   
3
SEC USE ONLY
   
4
SOURCE OF FUNDS
   
  PF
   
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)  o
   
6
CITIZENSHIP OR PLACE OF ORGANIZATION
   
  United States
     
NUMBER OF
7
SOLE VOTING POWER   -   0
SHARES
    
BENEFICIALLY
8
SHARED VOTING POWER   -   498,000
OWNED BY
    
EACH REPORTING
9
SOLE DISPOSITIVE POWER   -     0
PERSON WITH
  
  
 
10
SHARED DISPOSITIVE POWER   -  498,000
 
  
  
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  498,000
   
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES o
   
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  1.6%
   
14
TYPE OF REPORTING PERSON
   
  IN
 
 
Page 5 of 8 pages
 
 
EXPLANATORY NOTE

This Amendment No. 2 to Schedule 13D (this “Amendment No. 2”) is being filed with respect to the beneficial ownership of common stock, par value $0.0001 per share, of Navios Maritime Acquisition Corporation, a Marshall Islands corporation.  This Amendment No. 2 restates in its entirety Item 7 of the Schedule 13D originally filed on April 26, 2010 (as amended) to reflect that the Reporting Persons have withdrawn their confidential treatment request with respect to the Option Purchase Agreement attached as Exhibit 2.

ITEM 7.
Material to be Filed as Exhibits.
   
Exhibit No. 
 Document 
 
1. 
Joint Filing Agreement (previously filed)
   
2. 
 Option Purchase Agreement, dated April 14, 2010 (re-filed herewith without redaction) 
 
 
Page 6 of 8 pages
 
 
SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated:  June 2, 2010

KENNETH J. ABDALLA
MALIBU PARTNERS, LLC
MALIBU CAPITAL PARTNERS, LLC
BROAD BEACH PARTNERS, LLC

By:           /s/ Kenneth J. Abdalla                                                       
Kenneth J. Abdalla, for himself, and as Managing Member
of Malibu Partners, Malibu Capital and Broad Beach
 
 
Page 7 of 8 pages
 

EXHIBIT INDEX
Exhibit No. 
 Document 
 
1. 
Joint Filing Agreement (previously filed)
   
2. 
 Option Purchase Agreement, dated April 14, 2010 (re-filed herewith without redaction) 
 
 
Page 8 of 8 pages