Motion Acquisition Corp. (MOTN) to Combine with DocGo in $900M Deal

Mar 9, 2021 INTEL by Nicholas Alan Clayton

Motion Acquisition Corp. (NASDAQ:MOTN) has entered into a definitive agreement to combine with Ambulnz, which is to be renamed DocGo upon consummation of the deal, at an enterprise value of $900 million. DocGo, which provides medical transportation and telehealth services, is valued at 5.8x its 2021E revenue in the deal. The combined company is expected
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Motion Acquisition Corp. (MOTN) to Combine with DocGo in $900M Deal

Motion Acquisition Corp. (MOTN) to Combine with DocGo in $900M Deal

ByNicholas Alan Clayton