Driveitaway Holdings, INC

DriveItAway Holdings, Inc. has filed to voluntarily terminate its SEC registration and suspend reporting obligations, citing cost savings and a focus on operations.

Driveitaway Holdings, Inc. announced the unregistered sale of pre-funded warrants to accredited investors, allowing purchase of 12.5 million common shares for $250,000.

DriveItAway Holdings is restating its financial statements for the three and nine months ended June 30, 2024, due to material errors related to convertible notes payable and derivative liabilities.

DriveItAway Holdings, Inc. has dismissed Mac Accounting Group & CPAs, LLP and appointed Victor Mokoulu, CPA, PLLC as its new independent registered public accounting firm.

DriveitAway Holdings' subsidiary, DIA Leasing, LLC, has entered into a $2 million line of credit agreement to finance the purchase of new motor vehicles for its business.

DriveItAway Holdings has announced the resignation of its CFO, Mike Elkin, and the appointment of Steven M. Plumb as the new part-time CFO, effective April 2, 2024.

DriveItAway Holdings reports increased quarterly revenue alongside significant going concern warnings and material weaknesses in internal controls.

DriveItAway Holdings, Inc. reported a net income of $548,868 for the quarter ended December 31, 2025, a 20% increase year-over-year, despite ongoing concerns about its ability to continue as a going concern and significant internal control weaknesses.

DriveItAway Holdings, Inc. reported a significant increase in net loss for the quarter ended June 30, 2025, driven by higher operating expenses and a substantial loss from derivative liabilities, despite strong revenue growth.

DriveItAway Holdings, Inc. reports increased revenue for the six months ended March 31, 2025, but acknowledges material weaknesses in internal control over financial reporting.

DriveItAway Holdings reports a net income of $456,463 for the quarter ended December 31, 2024, but acknowledges substantial doubt about its ability to continue as a going concern.

DriveItAway Holdings restated its unaudited condensed consolidated interim financial statements for the quarter ended June 30, 2024, due to misstatements related to common stock valuation, deferred financing costs, and derivative liabilities.

Driveitaway Holdings, Inc. filed an amendment to its annual report for fiscal year 2025, primarily to correct the auditor's report which highlights substantial doubt about the company's ability to continue as a going concern.

DriveItAway Holdings, Inc. reported a substantial increase in net loss for fiscal year 2025, despite significant revenue growth and strategic partnerships, raising going concern doubts.

DriveItAway Holdings, Inc. reports a revenue increase of 50% for the year ended September 30, 2024, but also a significant net loss of $2.25 million.

DriveItAway Holdings saw a significant increase in revenue in fiscal year 2023, but continues to operate at a loss and faces going concern challenges.