Motion Acquisition Corp.

Motion Acquisition Corp. is a blank-check company (SPAC) that raised $115M in its initial public offering on Oct 16, 2020, listing on Nasdaq Capital Market. It completed its business combination with Ambulnz, Inc. on Nov 5, 2021; the combined company is DocGo Inc. (DCGO). Verizon Communications led the IPO, with Fontinalis Partners and Fortive. Graubard Miller and Greenberg Traurig advised the underwriters on the IPO.

Ambulnz, which is expected to operate as DocGo, provides on-site services that bridge the gap between physical and virtual care. It agreed a business combination with Motion Acquisition Corp.

Status

Merger completed

IPO date

Oct 16, 2020

IPO size

$115M

IPO exchange

Nasdaq Capital Market

Target

Ambulnz, Inc. (DocGo)

Announced

Mar 9, 2021

Closed

Nov 5, 2021

Combined company

DocGo Inc. (DCGO)

IPO underwriters

Verizon Communications, Fontinalis Partners and Fortive

Underwriters' counsel (IPO)

Graubard Miller and Greenberg Traurig