SPACs Incorporated in Marshall Islands
4 SPACs raised $41.4M in trust from Marshall Islands-incorporated vehicles.
The Marshall Islands has served as the incorporation domicile for four blank-check companies tracked on SpacDesk's platform. Of those vehicles, one remains in active target search, one has announced or completed a business combination, and two have wound down through liquidation, reflecting the broader attrition trends seen across offshore-registered SPAC vehicles in recent vintage years. The Marshall Islands, alongside the Cayman Islands and British Virgin Islands, is a common incorporation choice for blank-check companies given its flexible corporate statutes and streamlined formation process. Investors and analysts tracking deal activity in this jurisdiction can sign up for SpacDesk to access full filing histories, sponsor profiles, and combination timelines.
| SPAC | Sponsor | Trust | Status | IPO Date | Sector | Target |
|---|---|---|---|---|---|---|
| BBVUF BBV Vietnam S.E.A. Acquisition Corp. | — | $41.4M | Searching | 2008-02-11 | Other / Diversified | — |
| NNA NAVIOS MARITIME ACQUISITION CORPORATION | Navios Maritime Holdings | — | Closed | — | Logistics / Mobility | — |
| OKN Oceanaut, Inc. | — | — | Liquidated | — | Logistics / Mobility | — |
| SRG Seanergy Maritime Corp. | — | — | Liquidated | — | Logistics / Mobility | — |
Data sourced from SEC EDGAR filings. Jurisdiction of incorporation extracted from S-1 and S-1/A prospectus cover sheets. Trust size reflects declared trust at IPO.