05:53 PM EDT, 10/20/2025 (MT Newswires) -- DocGo ( DCGO ) agreed to buy SteadyMD for up to $25 million in cash and earn-out payments.

The transaction includes $12.5 million payable at closing, and up to $12.5 million in cash or equity contingent on performance milestones, DocGo ( DCGO ) said Monday in a regulatory filing.

Virtual-care platform SteadyMD, which operates a US network of 600 clinicians, is expected to generate $25 million in 2025 revenue, DocGo ( DCGO ) said in a statement.

DocGo ( DCGO ) plans to update its 2025 revenue guidance to reflect the transaction in results scheduled for release in early November.

Shares of DocGo ( DCGO ) rose 58% in after-hours trading.