Motion Acquisition Corp.
MOTN · Nasdaq
NO ACTION REQUIRED
Nothing left to do
The purchase completed and the shares became shares in the company it bought. There is no deadline left to miss.
Cash at settlement
No cash-per-share figure was filed for this vehicle before it finished.
Last close
Daily close
No price history on file yet — daily closes accumulate from the market data feed.
Trust settled · There is no line to draw here. This vehicle has finished: the cash was paid back or spent closing the deal, so the last filed figure describes an account that no longer exists and would be a floor under nothing.
SpacBrain’s read
Trust settled
The deal closed — SPAC shares became the target's shares, so there is no trust left to redeem (nobody missed a window; holders who wanted cash elected it at the vote).
In plain terms
- What it is
- A SPAC from Motion Acquisition LLC, listed on Nasdaq in October 2020.
- What it's doing now
- It agreed to buy DocGo Inc.. That purchase completed, and it stopped being a SPAC — the shares became shares in the business it bought.
- What you should know
- This SPAC has finished. The purchase completed, and the shares became shares in the company it bought — anyone who wanted the cash instead asked for it at the vote, so there is no cash left here to claim and no deadline left to miss.
At a glance
- Where it stands
- Closed (deSPAC)
- The business it bought
- DocGo Inc. — DocGo is leading the proactive healthcare revolution with an innovative care delivery platform that includes mobile health services, remote patient monitoring and ambulance services.
- Industry
- the deal record does not name the target's industry yet
- Deal value
- not stated in the filings we hold
- Price vs cash at settlement
- no live price on file
- Cash in trust when it settled
- not yet extracted into a snapshot — the filings below may state it
- the last trust total filed while this was still a SPAC — the account has since been paid out or used to close the deal
- IPO
- 16 October 2020
- size not on file
- Headquarters
- 685 THIRD AVENUE, NEW YORK, NY, 10017
- registered in Delaware
- Lead underwriter
- not extracted from the prospectus yet
- Key officers
- Bienstock Lee (Chief Executive Officer) · ROSENBERG NORMAN (CFO and Treasurer) · Sugrue Stephen (Chief Compliance Officer)
- Listed securities
- MOTN common
This vehicle has finished, so there is no window to file a cash-per-share figure for and none will follow. No estimate is shown in its place.
Nothing dated is on file. That is an absence in the record, not a statement that nothing is coming.
Yield to redemption
Nothing left to redeem — no yield to compute.
This SPAC has finished — its trust was paid back or used to close the deal, so there is nothing left to redeem and no yield to compute. A yield to redemption is a claim that you can hand these shares back for the trust cash. That account is closed, so this page will not print a number here.
What happened to the cash
The reasoning behind the verdict above, in the order the filings establish it.
- The deal closed — SPAC shares became the target's shares, so there is no trust left to redeem (nobody missed a window; holders who wanted cash elected it at the vote).
What has happened, and what is coming
1 dated milestoneEvery dated step from the day it listed to the next date you may have to act on. Where you have to do something, the day your broker needs the instruction is marked too.
- 16 October 2020IPOpassed
IPO size not on file
The deal
terms as filedWhat it is buying, on what terms, and how much of the combined company new shares take from you.
- closed
What DocGo Inc. does — read from docgo.com on 26 August 2026
DocGo is a healthcare company shaping the future of proactive health care by delivering virtual and mobile health solutions through proprietary technology and skilled clinicians. Their services aim to keep patients healthier at home and out of the hospital, including medical transportation, care gap closure, longitudinal care programs for payers, and population health programs for public health departments.
HealthcareTelehealthMedical TransportationRemote Patient MonitoringDeal structureSEC-primary — BCA 8-K / S-4 / DEFM14A- PIPE
- ≈ $125M · unsourced
- Min-cash condition
- $175M
PIPE terms — instrument, coupon, conversion price and any reset floor — are not sourced for this deal. The size above is itself unsourced — a stored figure no filing we hold states — so neither the size nor the terms should be read as cited.
stated in:0001213900-21-035616
The score
deterministic, from filed fieldsMOTN is not in the scored universe, so no score is shown. A withheld score is a fact about the record, not a verdict about the company.
The score is only published for names that carry both a price and a filed cash-per-share figure — 292 of the tracked fleet today. The rest keep an empty dial rather than a modelled one, and fill in by themselves as the fields land.
The company
from SEC filingsRead the full profile
Motion Acquisition Corp. was a blank-check company whose common stock traded on the Nasdaq Stock Market under the ticker MOTN, classified under SEC SIC industry code 8000 (Services-Health Services). The company priced its initial public offering on October 16, 2020, pursuant to a 424B prospectus filed under SEC file number 333-249061, which belonged to an S-1 registration statement filed on September 25, 2020, registering shares sold for cash. The registrant described itself as a blank-check company in that prospectus, and its common ticker MOTN appeared on the cover page of a 10-K filed on March 30, 2021. The company completed a business combination and ceased filing as a separate vehicle, with the closing established by an 8-K filed on November 12, 2021, reporting a change in shell company status under Item 5.06. EDGAR now files the company's CIK under the name DocGo Inc.
Material findings
from the full read of every filingEvery document this company files gets read whole — body and exhibits. These are the ones the read flagged as material, newest first, each citing its filing.
The filer is the post-combination operating company, not a blank-check shell: there is no trust account, no redemption value and no deadline in this document. The quarter records lower revenue year over year on both a three- and six-month basis and a cash balance about half its year-end level.
Confirms DocGo signed a merger agreement to acquire Hicuity Health on August 16, 2026 and that the consideration structure includes a market-capitalization earnout. No consideration amount, closing condition or termination term is stated in the captured text, so nothing about the economics can be read from this row.
A granted second compliance period, not a deficiency notice and not a delisting. The Company says it will evaluate options including initiating a reverse stock split, and notes that at the June 16, 2026 annual meeting stockholders approved an amendment permitting a split at a ratio of 1-for-5, 1-for-6, 1-for-7, 1-for-8, 1-for-9 or 1-for-10 at the Board's sole discretion. No ratio has been chosen and no split has been effected on this report.
The registered ceiling splits into 83,600,000 shares issuable for Ambulnz's outstanding equity securities on an as-converted basis immediately before consummation, and 5,000,000 shares as the maximum issuable under the earn-out. So 5,000,000 of the ceiling is contingent consideration that is not delivered at closing, while the 83,600,000 already absorbs the target's preferred and convertible instruments rather than leaving them to be added later.
The split is fully stated at this version: 83,600,000 shares are issuable in respect of Ambulnz's outstanding equity securities on an as-converted basis immediately before consummation, and 5,000,000 are the maximum issuable under the earn-out provisions. The contingent tranche therefore sits inside the registered ceiling rather than on top of it, and the closing issuance is the smaller figure. The post-combination company collapses to one class of common stock, so the SPAC's two-class structure does not survive the closing.
Three amendments in, the registered amount has not moved and its split is still stated on the face of the table: 83,600,000 shares in respect of Ambulnz's outstanding equity securities on an as-converted basis immediately before consummation, and 5,000,000 as the maximum issuable under the earn-out provisions. The $9.935 is the average of the high and low sales prices of the registrant's Class A Common Stock on June 29, 2021, months old by this filing and used only to compute a fee already paid.
Show 3 more material filings
83,600,000 of the 88,600,000 registered shares are issuable in respect of Ambulnz's outstanding equity securities on an as-converted basis immediately before consummation, so the target's preferred and convertible instruments are already inside that figure rather than added to it. The post-combination company has a single class of common stock, so the SPAC's two-class structure does not survive the closing. The $9.935 is a market average used only to compute the fee.
The registered count is split explicitly: 83,600,000 shares are issuable in respect of Ambulnz's outstanding equity securities on an as-converted basis immediately prior to consummation, and 5,000,000 are the maximum issuable under the earn-out provisions. So the earn-out is a stated, capped number rather than an open-ended overhang, and a Motion holder can see the difference between what is issued at closing and what is contingent. The $9.935 is a market average used only to compute the fee.
The registered figure separates the deal from its contingency: 83,600,000 shares are issuable in respect of Ambulnz's outstanding equity securities on an as-converted basis immediately before consummation, and 5,000,000 are the maximum issuable under the earn-out provisions. The post-combination company has a single class of common stock, so the founder class does not survive the closing as a separate class. The $9.935 is a market-based price used only to compute the fee, not a negotiated deal price.
Filings
live EDGAR feedEverything this company has filed with the SEC recently, newest first, each with a plain summary of what changed and why it matters.
What changed: Q2 2026 10-Q of DocGo Inc. (DCGO), the successor to Motion Acquisition Corp. Revenue was $73,424,719 for the three months ended June 30, 2026 versus $80,417,622 a year earlier, and $148,975,203 for the six months versus $176,450,677. Net loss was $17,992,298 for the quarter (prior year $13,289,893) and $34,692,135 for the six months. Cash and equivalents fell to $25,233,369 from $51,018,657 at December 31, 2025; total assets $186,816,249; accumulated deficit $214,385,203. 98,928,369 shares were outstanding as of August 14, 2026. Why it matters: The filer is the post-combination operating company, not a blank-check shell: there is no trust account, no redemption value and no deadline in this document. The quarter records lower revenue year over year on both a three- and six-month basis and a cash balance about half its year-end level.
going-concern doubtnothing moved · 1 with no prior record of ours
- Going-concern doubt
- stated · unchanged
The clause …“is probable that, when implemented, the plans will be sufficient to alleviate substantial doubt about the Company’s ability to continue as a going concern for the twelve months following the issuance date. Basis of Presentation The”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
What changed: Exhibit 2.1 to an 8-K filed under Motion Acquisition Corp's CIK: an Agreement and Plan of Merger dated August 16, 2026 among DocGo Inc., Ambulnz Holdings, LLC, HH Merger Sub, LLC, Hicuity Health, Inc., and Concord Innovation Fund II, LP (also acting as Shareholder Representative). The portion of the exhibit captured here is the table of contents, which lists a Market Capitalization Earnout (Section 2.6), closing calculations, a post-closing adjustment payment, and dissenting-share and appraisal provisions. Why it matters: Confirms DocGo signed a merger agreement to acquire Hicuity Health on August 16, 2026 and that the consideration structure includes a market-capitalization earnout. No consideration amount, closing condition or termination term is stated in the captured text, so nothing about the economics can be read from this row.(flagged for human review)
What changed: 8-K of DocGo Inc. Item 3.01 (notice of delisting or failure to satisfy a continued listing standard): on July 28, 2026 the Company received a letter from Nasdaq Listing Qualifications granting it an additional 180 calendar days, until January 25, 2027, to regain compliance with the minimum bid price requirement of Listing Rule 5550(a)(2). If at any time before that date the closing bid price is at least $1.00 for a minimum of 10 consecutive business days, Staff will confirm compliance in writing. The report gives no assurance compliance will be regained. Why it matters: A granted second compliance period, not a deficiency notice and not a delisting. The Company says it will evaluate options including initiating a reverse stock split, and notes that at the June 16, 2026 annual meeting stockholders approved an amendment permitting a split at a ratio of 1-for-5, 1-for-6, 1-for-7, 1-for-8, 1-for-9 or 1-for-10 at the Board's sole discretion. No ratio has been chosen and no split has been effected on this report.
Show the other 10 filings
What changed: DocGo Inc., the Motion Acquisition Corp. successor, disclosed that on June 26, 2026 its board approved extending the expiration date of its existing share repurchase programme from June 30, 2026 to December 31, 2026. The programme permits purchases of up to $26 million of common stock and no other changes were made. Repurchases may be made at the company's discretion through open market or negotiated transactions, Rule 10b5-1 plans or accelerated programmes, funded from cash, future cash flow or borrowings, and may be suspended at any time. Why it matters: A buyback extension is the opposite of the pattern across this cohort, where companies issue shares rather than retire them, and it implies the board considers the stock undervalued and the balance sheet able to support repurchases. The caveats matter though: the programme is discretionary, capped at $26 million, can be funded with borrowings and can be suspended without notice, so it is an option rather than a commitment. No trust or redemption right from the former MOTN vehicle is affected.
- What changed vs 2025-11-10going concern APPEARED
going-concern doubt, combination deadline1 moved · 1 with no prior record of ours
- Going-concern doubt
- not statedstated
- Combination deadline
- 2025-12-31not matched in this filing
SpacBrain reads this as the substantial-doubt sentence is in this filing and not in the previous one.
The clause …“is probable that, when implemented, the plans will be sufficient to alleviate substantial doubt about the Company’s ability to continue as a going concern for the twelve months following the issuance date. Basis of Presentation The”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
What changed: DocGo Inc., the successor to Motion Acquisition Corp., called its 2026 annual meeting for Tuesday, June 16, 2026 at 12:00 p.m. Eastern Time, conducted exclusively online, record date April 20, 2026, with seven items of business including ratification of the auditor for the year ending December 31, 2026. The proxy discloses that on April 17, 2026 Dr. Stephen K. Klasko, Chair of the Board, notified the Board that he intends to step down as a director effective as of the conclusion of the Annual Meeting. Directors Leite and Travers were last elected in 2023 and Mr. Burdiek in 2024. Why it matters: The board chair stepping down at the close of the very meeting where directors are elected leaves leadership of the board unresolved on the day of the vote, and two sitting directors have not faced shareholders since 2023. For legacy Motion Acquisition holders no trust or redemption right remains, so board composition is the only remaining lever - and it is in flux precisely when the vote is being taken.
The sponsor
The people who set this company up, what they have done before, and the advisers around the deal.
Motion Acquisition LLCnamed as sponsor in this SPAC’s filings — but with no researched track record behind it yet.
A missing score, not a score of zero — why
A Sponsor Score is only published once the sponsor’s prior vehicles have been verified on EDGAR and their post-close outcomes priced. That record does not exist for this sponsor yet, so no number and no tier is shown. That is a missing score, not a score of zero — and not a neutral 50 either.
Coverage so far: 301 of 1283 tracked SPACs (23%) are attached to a scored sponsor. This card fills in by itself as the research lands.
The record
The reference detail — how the shares were structured at listing, how thinly they trade, and where the company is registered.
Show the reference detail
Unit structure
from 424B3 0001213900-23-002810
Trading & liquidity
Company profile
Directors & officers
- Bienstock LeeChief Executive Officer
- ROSENBERG NORMANCFO and Treasurer
- Sugrue StephenChief Compliance Officer
- Tendler Ely DDirector
- Burdiek Michael JDirector
- Leite EtalvinaDirector
Institutional holders
from SC 13G/13DFunds that have declared a stake above 5%. Heavy ownership by arbitrage funds usually means heavy cash-outs at the next vote.
Show the declared stakes
10 filers with a stake on file · 0 re-affirmed in the last 12 months. A stake with no amendment since is the filer’s last word on it, not proof it is still held — and percentages filed in different years are percentages of different floats, because this vehicle’s share count collapses at every redemption.
- Motion Acquisition LLCwith 4 other reporting persons on the same schedule20.0% · SC 13DAug 26, 2021 stale
- Flynn James Ewith 3 other reporting persons on the same schedule8.9% · SC 13G/ANov 14, 2024 stale
- BlackRock Inc.6.3% · SC 13G/AJan 29, 2024 stale
- VASHOVSKY STANLEY5.8% · SC 13D/ANov 29, 2024 stale
- MOORE CAPITAL MANAGEMENT, LPwith 6 other reporting persons on the same schedule3.6% · SC 13G/AFeb 14, 2023 stale
- Hood River Capital Management LLC1.7% · SC 13G/AMar 1, 2024 stale
- Radcliffe Capital Management, L.P.with 5 other reporting persons on the same schedule0.0% · SC 13G/AFeb 14, 2022 stale
- ADAGE CAPITAL PARTNERS GP, L.L.C.with 2 other reporting persons on the same schedule0.0% · SC 13G/AFeb 10, 2022 stale
- Weiss Asset Management LPwith 3 other reporting persons on the same schedule0.0% · SC 13G/AFeb 4, 2022 stale
- Linden Capital L.P.with 2 other reporting persons on the same schedule0.0% · SC 13G/AFeb 2, 2022 stale
One line per filer, not per reporting person: a joint schedule names the management company, its funds and often the individual who controls them, and all of them report the same shares. Click a name for that filer’s whole footprint across every SPAC it has declared a stake in.
News
company wires and the financial pressReporting we have matched to this ticker. Headlines belong to the outlets that wrote them.
Show the headlines
- Ambulnz (dba DocGo), a Leading Provider of Last-Mile ...
PR Newswireundated by the source
Sources on file
harvested pages, kept in fullEvery public page we have read about this company, stored in full so a source can never go missing.
Show the sources
33 full SEC filing texts archived — searchable, never lost.
- Vault note — MOTN (Motion Acquisition Corp.)
vault-note · /vault/tickers/MOTN
- Vault deal note — DocGo Inc. (MOTN)
vault-note · /vault/deals/docgo-inc
- Ihre Datenschutzeinstellungen
news · consent.yahoo.com
- DocGo
company-site · docgo.com
- DocGo to acquire Hicuity Health, assume $52M debt | DCGO 8-K Filing
news · stocktitan.net
- Ihre Datenschutzeinstellungen
news · consent.yahoo.com
- DocGo - Wikipedia
news · en.wikipedia.org
In plain English
tap a term to open itEvery piece of jargon this page could have used, and what it actually means.
Open the plain-English guide
No floor / floorlessthe cash guarantee is gone — the price is unprotected
A SPAC's downside protection is not the cash in trust; it is your right to demand that cash. Once the redemption window closes, the cash stays with the company and the share can trade anywhere.
Redemption deadlinethe last day to hand shares back for cash
Set by the filing that calls the meeting. Tender after it and the company is under no obligation to pay you the trust value.
Broker action datethe day your broker needs the instruction — earlier than the official date
Brokers batch redemption instructions to the transfer agent, so the practical cutoff is roughly two business days before the published deadline. This is the date that actually costs people the floor.
Cash in trust / trust per sharethe cash the company is holding for each public share
Filed quarterly in the 10-Q's XBRL. It earns interest between filings, so the figure on a given day is slightly higher than the last filed one — where we show that we label it an estimate.
Trust discountbuying below the cash held for you
Only meaningful while a redemption right exists. On a floorless name the same arithmetic is not a discount, it is the market pricing distress, and this product will not call it a yield.
Dilutionhow much of the company new shares take from you
Sponsor promote, PIPE shares, warrants and rights all issue stock that did not pay $10 for it. The headline deal value is before that; the effective value is after.
Pro-forma equitywhat the company is valued at once the deal closes
The combined company's equity value assuming the announced terms and the redemptions that have actually happened.
ARShow much upside you get per unit of downside
SpacBrain's asymmetric-return score. It is deterministic — the same inputs always produce the same number — and it is capped, not zeroed, when the floor is gone.
De-SPACthe day the SPAC becomes the real company
The shares stop being a claim on a pot of cash and start being equity in an operating business. Roughly 80% of recent de-SPACs traded below $10 within a year.
Outside datethe contractual long-stop for closing the deal
A deadline between the SPAC and its target, not between the SPAC and you. It confers no right to cash, which is exactly why it must never be counted as a redemption window.
Accession numberthe SEC's unique id for one filing
Every figure on this page carries the accession of the filing that states it, so you can open the primary document rather than trust us.
Accreted NAV (estimate)the last filed cash figure, plus the interest it should have earned since
A model, not a filing: last filed value compounded at the 3-month T-bill for the days elapsed. Always shown in italic with the word estimate, and never printed beside a filed number without it.
Ask the brain
from its filingsData provenance & audit trail4 internal entries
Written by SpacBrain’s data agents whenever a figure is captured, corrected or flagged, and kept verbatim so every number on this page can be traced back to the filing that states it. This is a running log, not the current record: an early entry may be superseded by a later correction — the panels above always hold the current values.
admitted from EDGAR's QUARTERLY FORM INDEX, walked without any SIC filter. The SIC 6770 census could not reach this registrant: EDGAR reassigns a shell's SIC the day it stops being one, and this CIK now files under 8000 (Services-Health Services). The screen found it by filing SHAPE instead — S-1 2020-09-25 → 8-A12B 2020-10-14 → 424B4 2020-10-16 — which nothing rewrites. Admission rule: src/lib/universe-admit.ts. SIC 8000 + self-described blank check in 424B4 0001213900-20-031673; 424B 0001213900-20-031673 priced 2020-10-16 under S-1 0001213900-20-028470 (file 333-249061, an offering for cash); common ticker MOTN off 10-K 0001213900-21-018497 (2021-03-30); lifecycle EXITED. The pricing prospectus was filed under SEC file number 333-249061, which belongs to S-1 0001213900-20-028470 (2020-09-25) — a registration of shares sold for CASH, which is what makes it an IPO rather than merger consideration. Blank-check status from the registrant's own first-person sentence in that prospectus (EDGAR full-text search, 424B4 2020-10-16). Ending PROVEN, not inferred: CLOSED per 8-K 0001213900-21-058683 (2021-11-12) — 8-K item 5.06 "Change in Shell Company Status" (EDGAR item index, items: 1.01,2.01,3.02,3.03,4.01,5.01,5.02,5.03,5.06,8.01,9.01). EDGAR now files this CIK as "DocGo Inc." — the SPAC's own name is kept here and the successor is the target. ipoSizeM and deadline left NULL: gross-proceeds prose conflates the over-allotment with the offering, and a charter deadline belonging to a vehicle that has ended is a date nobody can act on. ipoDate is the 424B pricing date.
sponsor "Motion Acquisition LLC" sourced from prospectus definition (10-K/A) acc 0001213900-21-029916.
[CLOSED-RENAME] EDGAR CIK 0001822359 records "Motion Acquisition Corp." ending 2021-11-05; the registrant continues as "DocGo Inc.". The rename is the SEC's own record of what the vehicle became, keyed by CIK. Closed 2021-11-05. No deal value is set — a rename says what was acquired, never for how much. No date column is set: Deal has announcedAt, voteDate and expectedCloseAt and nowhere to record an actual close, so the SEC's date is kept here until that column exists. [DEAL-STRUCTURE-MINED] pipeSizeM=125, minCashM=175 from primary filings (0001213900-21-035616).
pipeBasis set to UNSOURCED: the size came from the research seed / an earlier record and no filing we hold states it — surfaces now label it "unsourced"; an LLM re-read to FILED replaces this when credits allow