SPACs Incorporated in Maryland
2 SPACs raised $57.5M in trust from Maryland-incorporated vehicles.
Maryland has hosted a small but notable cohort of blank-check vehicles, with two SPACs on record incorporated under its corporate statutes. Of those two, one successfully announced or completed a business combination, while the other wound down through liquidation, leaving none still in active target-search mode. Maryland's SPAC activity has skewed toward smaller capital raises relative to higher-volume domiciles such as Delaware and the Cayman Islands. Both vehicles have now resolved their search phase, giving Maryland a closed-cycle record across its tracked SPAC universe. For complete filings, sponsor details, deal timelines, and sector breakdowns on every Maryland-domiciled SPAC, create a free account at SpacDesk.
| SPAC | Sponsor | Trust | Status | IPO Date | Sector | Target |
|---|---|---|---|---|---|---|
| SCEM Sachem Acquisition Corp. | Sachem Sponsor LLC | $57.5M | Withdrawn | — | Real Estate | — |
| TMCX Trinity Merger Corp | HN Investors | — | Closed | 2019-10-18 | — | BROADMARK REALTY CAPITAL INC |
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.