DocGo CFO Departs, Interim Appointed
Ticker: DCGO · Form: 8-K · Filed: Sep 30, 2024 · CIK: 1822359
| Field | Detail |
|---|---|
| Company | Docgo INC. (DCGO) |
| Form Type | 8-K |
| Filed Date | Sep 30, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.0001, $500,000, $300,000, $2,500, $400 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, cfo-departure
Related Tickers: DCGO
TL;DR
DocGo's CFO is out, interim in. Keep an eye on this.
AI Summary
DocGo Inc. announced on September 25, 2024, the departure of its Chief Financial Officer, Norman de Jong, effective September 25, 2024. The company also announced the appointment of Michael L. Smith as interim CFO. Smith previously served as the Chief Financial Officer of Motion Acquisition Corp., which merged with DocGo in August 2020.
Why It Matters
The sudden departure of a CFO can signal financial concerns or strategic shifts within a company, impacting investor confidence and operational stability.
Risk Assessment
Risk Level: medium — CFO departures can indicate underlying issues or uncertainty within a company's financial health or strategic direction.
Key Players & Entities
- DocGo Inc. (company) — Registrant
- Norman de Jong (person) — Departing Chief Financial Officer
- Michael L. Smith (person) — Interim Chief Financial Officer
- Motion Acquisition Corp. (company) — Former company of interim CFO
- August 2020 (date) — Date of merger with Motion Acquisition Corp.
- September 25, 2024 (date) — Effective date of CFO departure and report date
FAQ
Who has been appointed as the interim Chief Financial Officer of DocGo Inc.?
Michael L. Smith has been appointed as the interim Chief Financial Officer of DocGo Inc.
When was Norman de Jong's departure as CFO effective?
Norman de Jong's departure as CFO was effective September 25, 2024.
What was Michael L. Smith's previous role before becoming interim CFO at DocGo?
Michael L. Smith previously served as the Chief Financial Officer of Motion Acquisition Corp.
When did Motion Acquisition Corp. merge with DocGo?
Motion Acquisition Corp. merged with DocGo in August 2020.
What is the exact date of this 8-K filing?
The exact date of this 8-K filing is September 25, 2024.
Filing Stats: 1,304 words · 5 min read · ~4 pages · Grade level 10.3 · Accepted 2024-09-30 07:40:12
Key Financial Figures
- $0.0001 — ch registered Common stock, par value $0.0001 per share DCGO The Nasdaq Stock Market
- $500,000 — nt Date"), an initial one-time grant of $500,000 of stock options to Dr. Klasko under th
- $300,000 — t. Cash compensation in the amount of $300,000 for Dr. Klasko's first year of service
- $2,500 — ve consulting fees in the amount of (i) $2,500 per month plus (ii) $400 for each hour
- $400 — mount of (i) $2,500 per month plus (ii) $400 for each hour of services rendered in e
Filing Documents
- dcgo-20240925.htm (8-K) — 39KB
- dcgo-8kx20240930xexx101.htm (EX-10.1) — 80KB
- dcgo-8kx20240930xexx102.htm (EX-10.2) — 44KB
- dcgo-8kx20240930xexx991.htm (EX-99.1) — 16KB
- 0001822359-24-000085.txt ( ) — 340KB
- dcgo-20240925.xsd (EX-101.SCH) — 2KB
- dcgo-20240925_lab.xml (EX-101.LAB) — 22KB
- dcgo-20240925_pre.xml (EX-101.PRE) — 13KB
- dcgo-20240925_htm.xml (XML) — 3KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. 1 (d) Exhibits Exhibit No. Description 10.1 Amended and Restated Form of Indemnification Agreement, by and between the Company and its officers and directors. 10.2 Consulting Agreement, dated September 27 , 2024, by and between the Company and Steven Katz. 99.1 Press Release dated September 30, 2024. 104 Cover Page Interactive Data File (formatted as Inline XBRL). 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. DOCGO INC. By: /s/ Ely D. Tendler Name: Ely D. Tendler Title: General Counsel and Secretary Date: September 30, 2024 3