SpacDesk logoSpacDesk

SPACs Incorporated in Marshall Islands

4 SPACs raised $41.4M in trust from Marshall Islands-incorporated vehicles.

Total SPACs
4
Trust raised
$41.4M
Still searching
0
Deals
2
0 announced · 2 closed

The Marshall Islands has served as an incorporation jurisdiction for at least four special purpose acquisition companies tracked on SpacDesk, making it a minor but recurring venue among offshore SPAC formations. Of those four vehicles, two have announced or completed business combination transactions, reflecting a deal-conversion rate broadly in line with smaller jurisdiction cohorts. One SPAC incorporated in the Marshall Islands has liquidated without completing a merger, while none remain in active target-search mode, indicating the cohort has largely run its course. The Marshall Islands offers a streamlined corporate statute that some sponsors have favored alongside more common domiciles such as the Cayman Islands and Delaware. Sign up at SpacDesk for the full jurisdiction breakdown, deal timelines, and sponsor-level data on every SPAC in our database.

SPACSponsorTrustStatusIPO DateSectorTarget
BBVUF
BBV Vietnam S.E.A. Acquisition Corp.
$41.4MDeregistered2008-02-11Other / Diversified
OKN
Oceanaut, Inc.
LiquidatedLogistics / Mobility
NNA
NAVIOS MARITIME ACQUISITION CORPORATION
Navios Maritime HoldingsCompletedLogistics / Mobility
SRG
Seanergy Maritime Corp.
CompletedLogistics / 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.