Motion Acquisition Corp. a publicly traded special purpose acquisition company, announced today that its merger partner Ambulnz, Inc., dba DocGo, a leading provider of last-mile telehealth and integrated medical mobility services, has disclosed select preliminary unaudited financial results for its first quarter ended March 31, 2021.
Going public through a special purpose acquisition company is officially mainstream. Special purpose acquisition companies, once looked down upon by Wall Street-types as a less respectable way to go public, have been forming and going public at an unprecedented pace this year.
It was another busy week for the SPAC market with numerous deal announcements and rumored deals. Benzinga’s “SPACs Attack” covered the deals and news of the week.
The Investor Presentation for the Ambulnz and Motion Acquisition Corp. merger is available.
Ambulnz, a provider of mobile medical services and patient transportation, has agreed to go public through a merger with Motion Acquisition Corp., according to people with knowledge of the matter.