Form 8-K Driveitaway Holdings, For: Aug 18
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
(Exact name of registrant as specified in its charter)
| (State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) |
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act: None.
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01. Other Events.
On August 17, 2026, the Board of Directors of DriveItAway Holdings, Inc. (the “Company”) determined that it is in the best interests of the Company and its stockholders to voluntarily terminate the registration of the Company’s common stock under Section 12(g) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and to suspend the Company’s reporting obligations under Sections 13(a) and 15(d) of the Exchange Act. The Company is eligible to do so because its common stock is held of record by fewer than 300 persons.
On August 18, 2026, the Company filed a Form 15 with the Securities and Exchange Commission (the “SEC”) to effect the foregoing. Upon the filing of the Form 15, the Company’s obligation to file certain reports with the SEC — including Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K — was immediately suspended. The deregistration of the Company’s common stock under Section 12(g) is expected to become effective 90 days after the filing of the Form 15, or such shorter period as the SEC may determine.
The Board determined to deregister because it believes that the substantial costs and demands associated with being a fully reporting company under the Exchange Act are not justified in light of the Company’s size and resources, and that the resources devoted to such compliance can be better used to support the Company’s operations for the benefit of its stockholders.
Following deregistration, the Company intends to continue to provide current financial and other information to investors through the OTC Markets Alternative Reporting Standard, so that the Company’s common stock may continue to be quoted on the OTC Markets current-information tier. The Company intends to make available its financial information, including for the current and prior periods, through that platform.
Forward-Looking Statements. This Current Report contains forward-looking statements within the meaning of the federal securities laws. These statements are based on the Company’s current expectations and are subject to risks and uncertainties that could cause actual results to differ materially. The Company undertakes no obligation to update any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by law.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit 99.1 | Press Release dated August 18, 2026. | |
| Exhibit 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
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.
| DRIVEITAWAY HOLDINGS, INC. | ||
| Date: | August 18, 2026 | |
| By: | /s/ John F. Possumato | |
| Name: | John F. Possumato | |
| Title: | Chief Executive Officer | |
ATTACHMENTS / EXHIBITS
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