Marshall Islands

18 SPACs incorporated in Marshall Islands

delisted

10

survivor

5

zombie

3

Why Marshall Islands?

The Marshall Islands is a popular jurisdiction for shipping and maritime SPACs due to its favorable maritime laws and tax-neutral status. Companies incorporated here benefit from flexible corporate statutes modeled on Delaware law but with fewer compliance requirements.

CompanyTickerStatusSectorYear
Alberton Acquisition—delistedDiversified2018
Aspac I Acquisition—delistedDiversified2021
Aspac II AcquisitionASCBFsurvivorDiversified2022
Aspac III AcquisitionASPCsurvivorDiversified2024
Blue Safari Group Acquisition—delistedDiversified2021
DD3 Acquisition Corp., S.a. de C.v.—delistedDiversified2018
East Stone Acquisition—delistedDiversified2020
Eucrates Biomedical Acquisition—delistedHealthcare2020
Euda Health HoldingsEUDAsurvivorHealthcare2021
HL Acquisitions—delistedDiversified2018
Jvspac Acquisition—zombieDiversified2023
Kismet Acquisition One—delistedDiversified2020
Model Performance Acquisition—delistedDiversified2021
National Energy Services ReunitedNESRsurvivorClean Energy2017
Nova Vision Acquisition—zombieDiversified2021
RoadzenRDZNzombieDiversified2021
Xynomic Pharmaceuticals Holdings—delistedHealthcare2017
YHN Acquisition IYHNAsurvivorDiversified2024