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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.
Here is a look back at the announced deals, rumors and some top headlines.
SPAC Deals
Last-mile telehealth company Ambulnz is going public in a $1.1 billion deal with Motion Acquisition Corp (NASDAQ: MOTN). Ambulnz will rebrand as DocGo as part of the deal. The company operates with a business-to-business model serving hospital networks, insurance providers, municipalities and large commercial enterprises.
Ambulnz provides services such as testing, vaccination, bloodwork, IV/hydration, wound care and mobile imaging. The company operates in 23 states in the US and has operations in the UK. Additional states have been approved or are pending in the company’s expansion plan.