---
schema_version: "secwatch.filing_event.v1"
accession: "0001731122-22-001193"
form_type: "8-K"
ticker: "DWAY"
cik: "0001394638"
company_name: "Driveitaway Holdings, Inc."
filed_at: "2022-07-07T23:59:59+00:00"
generated_at: "2026-06-24T19:17:47.627534+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# DriveitAway raises $250,000 via secured convertible notes and warrants for EV acquisitions

## Summary
- Closed on $250,000 aggregate investment from two investors for five Units at $50,000/Unit.
- Each Unit includes a 24-month Secured Convertible Note at 15% interest, convertible at $0.20/share.
- Each Unit also includes a warrant for 25,000 shares at $0.30/share exercisable for five years.
- Net proceeds of $230,000 (after legal/diligence costs) to be used for EV vehicle purchases and working capital.
- Notes are secured by all company vehicles and include piggyback registration rights.

## SEC filing metadata
- accession: 0001731122-22-001193
- form_type: 8-K
- ticker: DWAY
- cik: 0001394638
- company_name: Driveitaway Holdings, Inc.
- filed_at: 2022-07-07T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1394638/000173112222001193/0001731122-22-001193-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1394638/000173112222001193/e3891_8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001731122-22-001193
- JSON: https://secwatch.observer/filing/0001731122-22-001193.json
- Plain text: https://secwatch.observer/filing/0001731122-22-001193.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.