DriveItAway Holdings Transitions to OTCIDTM and Accelerates National Scale with Free2move — Launches 19 New Cities, Expands to 40 U.S. Markets
Philadelphia, PA, March 31, 2026 (GLOBE NEWSWIRE) -- DriveItAway Holdings, Inc . (OTC Marketplace: DWAY) ("DriveItAway" or the "Company"), a digital mobility platform delivering flexible lease-to-ownership and subscription-to-ownership solutions through franchised automotive dealers, today announced that it has successfully qualified for and transitioned to the OTCIDTM Basic Market operated by OTC Markets Group. Simultaneously, the Company announced the launch of operations in 19 additional major U.S. metropolitan markets , bringing its national footprint to 40 active metropolitan regions in just over fifteen months . The dual milestone — enhanced disclosure standards combined with accelerated national expansion — marks a significant step in DriveItAway's evolution as it advances toward its longer-term capital markets objectives and scalable national platform deployment. A Step Toward Higher-Tier Capital Markets The transition to OTCID reflects DriveItAway's commitment to enhanced transparency and current public disclosures under the updated OTC Markets framework, replacing the prior Pink Current Information tier. Companies trading on OTCID meet baseline reporting and disclosure standards designed to improve market integrity and investor confidence. "Our transition to OTCID represents another important step in our evolution as a public company," said John F. Possumato , Founder and Chief Executive Officer of DriveItAway. "At the same time, we are executing on rapid national scale. The combination of expanding market footprint, strategic partnerships, and enhanced transparency positions DriveItAway for the next phase of growth." "These milestones reflect a disciplined approach to scaling — expanding operationally while strengthening our capital markets foundation," Possumato added. Accelerating Nationwide Expansion The most recent expansion follows the Company's previously announced January rollout of eight new cities and is driven by the accelerating national deployment of Free2move Powered by DriveItAway , the co-branded mobility platform developed in partnership with Free2move , the global mobility subsidiary of Stellantis . This partnership provides: Industrial-scale infrastructure Dealer integration and onboarding Fleet alignment and supply access Operational leverage for rapid market deployment DriveItAway's platform enables ... Full story available on Benzinga.com
