San Diego, CA -- (SBWIRE) -- 12/14/2021 -- DocGo Inc. is under investigation concerning potential securities laws violations in connection with certain financial statements.

Investors who purchased shares of DocGo Inc. (NASDAQ: DCGO), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on whether a series of statements by DocGo Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On November 22, 2021, in a filing with the U.S. Securities and Exchange Commission, DocGo Inc. disclosed that "[o]n November 22, 2021, the audit committee of the board of directors of the Company (the "Audit Committee"), based on the recommendation of and after consultation with management, concluded that the Company's (i) audited balance sheet as of December 8, 2020 (the "Audited Balance Sheet") filed as Exhibit 99.1 to the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission (the "SEC") on December 14, 2020, as amended as set forth in the Restated Form 10-K (as defined below), (ii) audited financial statements for the year ended December 31, 2020 (together with the Audited Balance Sheet, the "Audited Affected Financials"), as reported in the Company's Annual Report on Form 10-K/A filed with the SEC on May 14, 2021 (the "Restated Form 10-K"), (iii) unaudited financial statements as of March 31, 2021 (the "Q-1 Unaudited Financials") contained in the Company's Quarterly Report on Form 10-Q filed with the SEC on May 28, 2021, (iv) unaudited financial statements as of June 30, 2021 (together with the Q-1 Unaudited Financials, the "Unaudited Affected Financials") contained in the Company's Quarterly Report on Form 10-Q filed with the SEC on August 13, 2021 and (v) Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2021 filed with the SEC on November 10, 2021, should no longer be relied upon due to the error described above. The Company intends to reflect the error in an amendment to (1) its Annual Report on Form 10-K for the year ended December 31, 2020 (to include restatements with respect to the Audited Affected Financials) (the "Amended Form 10-K") and (2) its Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2021 (to include restatements with respect to the Unaudited Affected Financials) (the "Amended Form 10-Q"). Similarly, the related press releases, stockholder communications, investor presentations or other communications describing relevant portions of the Company's financial statements for these periods, should no longer be relied upon."

Shares of DocGo Inc. (NASDAQ: DCGO) declined from $10.85 per share on November 1, 2021, to as low as $7.14 per share on November 29, 2021.

Those who purchased shares of DocGo Inc. (NASDAQ: DCGO) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.