By definition, if it's sovereign it's a nation, not a corporation or a non-governmental organization anymore. So technically the answer is "no, no way."
Now, the idea of a nation whose territory consists of a building here and a building there, maybe that island over there, rather than a continuous and contiguous (or mostly c and c) bloc, is workable, but I think only in a very modern, mature-industrial setting. So long as a majority of people are engaged in agriculture, agricultural land is the source of wealth and power, and any "government" with some other theoretical basis will quickly be absorbed by a more traditional state. Only when wealth and power are no longer seen to come from farming and land.
A corporation with sovereign territory is just a nation which is up front about the idea that some people (the employees) exist for the benefit of others (the shareholders). Not a terribly original idea - I could argue that the UAE is organized that way today, and its more vicious detractors would say the same of the modern Cherokee.