secwatch.observer — SEC 8-K summary
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Issuer:     Driveitaway Holdings, Inc. (DWAY)
CIK:        0001394638
Form:       8-K
Filed at:   2023-02-16T23:59:59+00:00
Accession:  0001731122-23-000228
Event type: debt
Sentiment:  negative
Materiality: 0.60
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DriveItAway amends AJB note: principal +$85K, maturity to May 2023, warrant shares doubled to 2M at $0.05
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- Promissory note principal increased by $85,000 to $835,000; maturity extended to May 24, 2023.
- Amended warrant issued for 2,000,000 shares at $0.05 exercise price, replacing 1,000,000 shares at $0.30.
- Additional proceeds ($81,500 net of fees) disbursed directly to company vendors per side letter.
- Company and AJB waived prior defaults (late filing, loss of bid price) in earlier Oct 2022 amendment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1394638/000173112223000228/0001731122-23-000228-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1394638/000173112223000228/e4427_8k.htm
  HTML page:      https://secwatch.observer/filing/0001731122-23-000228

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