CUSIP No. 85516E115 13G Page 1 of 5 Pages
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS
FILED PURSUANT TO RULE 13D-1(b), (c) AND (d)
AND AMENDMENTS THERETO FILED PURSUANT TO 13D-2(b)
(Amendment No. _)*
Star Maritime Acquisition Corporation
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(Name of Issuer)
Common Stock, $.0001 par value
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(Title of Class of Securities)
85516E115
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(CUSIP Number)
December 31, 2005
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(Date of Event which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
|_| Rule 13d-1 (b)
|_| Rule 13d-1 (c)
|X| Rule 13d-1 (d)
* 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 the
disclosures provided in a prior cover page.
The information required in 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 ("Act") 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).
CUSIP No. 85516E115 13G Page 2 of 5 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Petros Pappas
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2 CHECK THE APPROPRIATE BOX IF A MAMBER OF A GROUP
(a) |_|
(b) |_|
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Greece
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NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY 3,947,873 (1)
OWNED BY --------------------------------------------------------
EACH 6 SHARED VOTING POWER
REPORTING
PERSON 0
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7 SOLE DISPOSITIVE POWER
3,947,873 (1)
--------------------------------------------------------
8 SHARES DISPOSITIVE POWER
0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,947,873 (1)
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |_|
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
13.6%
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12 TYPE OF REPORTING PERSON
IN
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(1) Does not include shares of common stock issuable upon exercise of
warrants that are not exercisable in the next 60 days.
CUSIP No. 85516E115 13G Page 3 of 5 Pages
Item 1(a). Name of Issuer: Star Maritime Acquisition Corporation
Item 1(b). Address of Issuer's Principal Executive Offices: 457 Madison Avenue,
New York, New York 10022
Item 2(a). Name of Person Filing: Petros Pappas
Item 2(b). Address of Principal Business Office or if none, Residence: 457
Madison Avenue, New York, New York 10022
Item 2(c). Citizenship: Greece
Item 2(d). Title of Class of Securities: Common Stock, $.0001 par value
Item 2(e). CUSIP Number: 85516E115
Item 3. Not Applicable
Item 4. Ownership:
(a) Amount Beneficially Owned: 3,947,873 shares of Common Stock
(b) Percent of Class: 13.6%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: 3,947,873 shares of
Common Stock
(ii) shared power to vote or to direct the vote: 0
(iii) sole power to dispose or to direct the disposition of:
3,947,873 shares of Common Stock
(iv) shared power to dispose or to direct the disposition of: 0
Item 5. Ownership of Five Percent or Less of a Class: Not Applicable
Item 6. Ownership of More than Five Percent on Behalf of Another Person: Not
Applicable
Item 7. Identification and Classification of Subsidiary Which Acquired the
Securities: Not Applicable
Item 8. Identification and Classification of Members of the Group: Not
Applicable
Item 9. Notice of Dissolution of Group: Not Applicable
CUSIP No. 85516E115 13G Page 4 of 5 Pages
Item 10. Certification: Not Applicable
CUSIP No. 85516E115 13G Page 5 of 5 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.
February 24, 2006
By: /s/ Petros Pappas
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Petros Pappas