Motion Acquisition Corp. announces the entry into force of the registration statement and the date of the annual meeting to approve the proposed business combination with DocGo
Meeting scheduled for November 2, 2021
Posted: October 14, 2021 at 11:50 a.m. CDT|Update: 1 hour ago
NEW YORK, October 14, 2021 / PRNewswire / – Motion Acquisition Corp. (“Motion”) (Nasdaq: MOTNU, MOTN, MOTNW), a publicly traded special purpose acquisition company, today announced that its registration statement on Form S-4 (the “Registration Statement ) In connection with its previously announced business combination (the “Business Combination”) with Ambulnz, Inc., dba DocGo (“DocGo” or the “Company”), a leading provider of telehealth services last mile and integrated medical mobility, has been declared in effect by the United States Securities and Exchange Commission (“SEC”). The registration statement provides important information about Motion, DocGo and the business combination.
Motion also announced today that its annual meeting of shareholders (the “annual meeting”) to consider and vote on the business combination and related matters has been set for November 2, 2021 To 10:00 a.m. EST. Shareholders registered at September 9, 2021 (the “Record Date”) have the right to attend and vote at the Annual Meeting which will be accessible by visiting https://www.cstproxy.com/motionacquisition/2021.
The closing of the business combination is subject to the approval of the shareholders of Motion and the satisfaction of other customary closing conditions.
To register and gain access to the Hybrid Virtual Meeting, registered shareholders and actual shareholders (those who hold shares through a securities brokerage account or through a bank or other registered holder) will need to follow the instructions given to them. are applicable provided in the proxy statement included in the registration statement.
DocGo is a leading provider of last mile telehealth and integrated medical mobility services. DocGo disrupts the traditional four-walled healthcare system by providing care on a human scale. DocGo’s innovative technology and dedicated field staff of certified healthcare professionals improve the quality of patient care and improve the business efficiency of facilities, hospital networks and health insurance providers. With Mobile Health, DocGo reinforces the full promise and potential of telehealth by facilitating healthcare treatment, in tandem with a remote physician, from the comfort of a patient’s home or workplace. With DocGo’s integrated Ambulnz medical transport services, DocGo bridges the gap between physical and virtual care. For more information, please visit www.docgo.com.
About Motion Acquisition Corp.
Motion Acquisition Corp. is a Special Purpose Acquisition Company (SPAC) founded by a management team and board of directors made up of seasoned business executives recognized as pioneers in the transportation software and technology industry who have experienced considerable in terms of exploitation and acquisition. Motion is traded on Nasdaq under the symbol “MOTN”. For more information, please visit https://motionacquisition.com/.
Additional information and where to find it
This press release concerns a proposed transaction between DocGo and Motion. Investors and securityholders of Motion are urged to read the registration statement, which includes a final proxy statement / solicitation of consent / prospectus, and any supplement thereto, as well as all other relevant documents. filed or will be filed with the SEC in connection with the proposed Business Combination as they become available, as they will contain important information about DocGo, Motion and the proposed business combination. The definitive proxy will be sent by mail to the shareholders of Motion as of September 9, 2021. Investors and security holders will be able to obtain free copies of the Registration Statement, Proxy Circular / Solicitation of Consent / Prospectus and all other relevant documents filed or to be filed with the SEC by motion, once these documents are filed, via the website. maintained by the SEC at www.sec.gov.
Material filed by Motion with the SEC may also be obtained free of charge from Motion’s website at https://motionacquisition.com or upon written request to Motion’s board, Graubard Miller, 405 Lexington Avenue, New York, New York State 10174. The information contained on, or accessible through, the websites referenced in this press release is not incorporated by reference into, and does not form part of, this press release.
Participants in the solicitation
Motion, DocGo and certain of their respective directors and officers, under SEC rules, may be considered participants in the potential solicitation of proxies from Motion shareholders in connection with the proposed transaction. A list of the names of such directors and officers and information regarding their interests in the proposed business combination will be contained in the proxy circular / prospectus when available. You can obtain free copies of these documents as described in the previous paragraph.
No offer or solicitation
This press release does not constitute a solicitation of any proxy, consent or authorization with respect to any security or with respect to the proposed transaction. This press release also does not constitute an offer to sell or the solicitation of an offer to buy any securities, and there will be no sale of securities in any state or jurisdiction where such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that other jurisdiction. No offer of securities will be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.
Caution Regarding Forward-Looking Statements
This announcement contains forward-looking statements (including within the meaning of Section 21E of the US Securities Exchange Act of 1934, as amended, and Section 27A of the US Securities Act of 1933, as amended) regarding DocGo. These statements include, without limitation, statements that relate to our future business and financial performance and statements regarding (i) our plans, objectives and intentions with respect to future operations, services and products, (ii) our competitive position and our opportunities, and (iii) other statements identified by words such as “may”, “will”, “expect”, “intend to”, “plan”, “potential” , “believe”, “seek”, “could”, “estimate”, “judgment”, “targeting”, “should”, “anticipate”, “predict” “project”, “objective”, “objective”, “perspective “,” orientation “, and similar words, phrases or expressions. These forward-looking statements are based on the current expectations and beliefs of management, as well as on the assumptions made by management and on information currently available to it, as well as on current market trends and conditions. Forward-looking statements inherently involve risks and uncertainties, many of which are beyond our control, and which may cause actual results to differ materially from those contained in our forward-looking statements. Therefore, you should not place undue reliance on these statements. The particular uncertainties that could significantly affect current or future results include any accounting adjustments made in the process of finalizing published financial results; any risks associated with global economic conditions and concerns; the effects of global epidemics of pandemics or contagious diseases or the fear of such epidemics, such as the COVID-19 coronavirus pandemic; competitive pressures; price drop ; growth rate in our target markets; our ability to improve our gross margins; cost containment measures; legislative and regulatory actions; the impact of legal proceedings and compliance risks; the impact on our business and reputation in the event of computer system failure, network disruption, cyber attacks, loss of or unauthorized access to or disclosure of confidential information; and the company’s ability to comply with laws and regulations regarding privacy and data protection. We have no intention or obligation to publicly update or revise these forward-looking statements, whether as a result of new information, future events or otherwise.
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