Motion Acquisition Corp. And DocGo Late Yesterday Announced Shareholder Approval Of Business Combination

Author: Benzinga Newsdesk | November 03, 2021 06:53am

Motion Acquisition Corp. ("Motion") (NASDAQ:MOTN), a special purpose acquisition company, and its merger partner Ambulnz, Inc., dba DocGo, a leading provider of Mobile Health services and integrated medical mobility solutions, announced today that their previously-announced business combination was approved by Motion's stockholders during an Annual Meeting today in which 99% of the votes cast were voted in favor of the business combination.  Holders of shares representing approximately 60% of the shares issued in Motion's initial public offering exercised their redemption rights.  The parties will now look to complete the proposed business combination as soon as possible subject to the parties satisfying all other remaining closing conditions. 

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