Motion Acquisition said it filed a late Form 10-Q on June 3 for the three months ended March 31, regaining compliance with the Nasdaq listing rule. The SPAC reported last week that it had received notice from the exchange about non-compliance.
Motion has a merger agreement with Ambulnz, a provider of last-mile telehealth and integrated medical mobility services, with an equity value of $1.1 billion. Read more.
