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Reading: DriveItAway Holdings Transitions to OTCID™ and Speeds up Nationwide Scale with Free2move — Launches 19 New Towns, Expands to 40 U.S. Markets
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DriveItAway Holdings Transitions to OTCID™ and Speeds up Nationwide Scale with Free2move — Launches 19 New Towns, Expands to 40 U.S. Markets
Stock Market

DriveItAway Holdings Transitions to OTCID™ and Speeds up Nationwide Scale with Free2move — Launches 19 New Towns, Expands to 40 U.S. Markets

spsingh
Last updated: March 31, 2026 3:48 pm
spsingh
Published: March 31, 2026
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Philadelphia, PA, March 31, 2026 (GLOBE NEWSWIRE) — DriveItAway Holdings, Inc. (OTC Market: DWAY) (“DriveItAway” or the “Company”), a virtual mobility platform turning in versatile lease-to-ownership and subscription-to-ownership answers via franchised car sellers, lately introduced that it has effectively certified for and transitioned to the OTCID™ Fundamental Marketplace operated through OTC Markets Staff. Concurrently, the Corporate introduced the release of operations in 19 further primary U.S. metropolitan markets, bringing its nationwide footprint to 40 energetic metropolitan areas in simply over fifteen months.

The twin milestone — enhanced disclosure requirements blended with speeded up nationwide enlargement — marks a vital step in DriveItAway’s evolution because it advances towards its longer-term capital markets targets and scalable nationwide platform deployment.

A Step Towards Upper-Tier Capital Markets

The transition to OTCID displays DriveItAway’s dedication to enhanced transparency and present public disclosures beneath the up to date OTC Markets framework, changing the prior Purple Present Knowledge tier. Corporations buying and selling on OTCID meet baseline reporting and disclosure requirements designed to make stronger marketplace integrity and investor self belief.

“Our transition to OTCID represents another important step in our evolution as a public company,” stated John F. Possumato, Founder and Leader Government 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 National Enlargement

The newest enlargement follows the Corporate’s in the past introduced January rollout of 8 new towns and is pushed through the accelerating nationwide deployment of Free2move Powered through DriveItAway, the co-branded mobility platform advanced in partnership with Free2move, the worldwide mobility subsidiary of Stellantis.

This partnership supplies:

Commercial-scale infrastructureDealer integration and onboardingFleet alignment and provide accessOperational leverage for fast marketplace deployment

DriveItAway’s platform allows franchise sellers to transform credit-challenged or down-payment-constrained customers into energetic drivers via a versatile hire subscription program without a minimal credits ranking thresholds and no long-term dedication.

Newly introduced markets come with:

Harrisburg, PAAllentown, PAWilmington, DETrenton, NJAtlantic Town, NJWashington, DCSan Jose, CAOakland, CASacramento, CAModesto, CASunnyvale, CAAnaheim, CARiverside, CANewport Seaside, CALong Seaside, CACosta Mesa, CAPalm Springs, CASan Clemente, CAIrvine, CA

This enlargement brings DriveItAway’s platform to 40 primary U.S. metropolitan markets, representing one of the crucial quickest nationwide rollouts of a dealer-focused mobility platform.

Situated for “Hockey-Stick” Expansion Segment

DriveItAway’s accelerating geographic enlargement, blended with its scalable dealer-centric fashion and Stellantis-aligned infrastructure, positions the Corporate for persevered enlargement all through 2026.

Key enlargement drivers come with:

Speedy trader onboarding throughout more than one regionsExpanding fleet availability via Free2move infrastructureIncreasing client call for for versatile automobile accessGrowing adoption of subscription-to-ownership fashions

“We believe we are entering a new phase of accelerated growth,” Possumato persevered. “With national infrastructure now in place and dealer adoption accelerating, we expect continued expansion across additional U.S. markets throughout 2026.”

Trade Visibility and Marketplace Management

DriveItAway management, companions, and advisors can be featured at upcoming business occasions, together with the Used Automotive Trade Summit in Miami, April 13-15, 2026.

Founder & CEO John F. Possumato will take part in:

“The New Used-Car Profit Stack: Retail, Remarketing, and the Next Wave of Inventory Strategy”

Panel individuals come with:

The consultation will focal point on:

OEM mobility and fleet lifecycle strategyDealer subscription deploymentUsed automobile stock monetizationCapital markets and valuation dynamics

Momentum Continues

DriveItAway expects persevered enlargement into further U.S. markets all through 2026, pushed through trader participation, regional call for, and accelerating adoption of versatile mobility fashions. Further marketplace launches, platform milestones, and operational updates are anticipated as nationwide rollout continues.

About DriveItAway Holdings, Inc.

DriveItAway Holdings, Inc. (OTC: DWAY) is the primary nationwide dealer-focused mobility platform enabling franchise sellers to promote extra automobiles via seamless eCommerce with an unique lease-to-own, app-based subscription. DriveItAway supplies a turnkey program—proprietary cellular generation and driving force app, insurance coverage coverages, coaching, and trader enablement—to release temporarily and profitably in rising on-line gross sales alternatives, increasing gross sales and marketplace proportion.

About Free2move

Free2move is an international mobility supplier providing a whole and distinctive ecosystem to its person and trade shoppers. Pushed through information and generation, Free2move makes the buyer revel in its most sensible precedence. Blank, protected, inexpensive, and available by way of a unmarried app, the providing comprises free-floating car-sharing, quick, medium, and long-term vehicle condo, vehicle subscription, and cellular parking products and services. Free2move these days has greater than 6 million shoppers, 450,000 condo automobiles and 500,000 parking areas. The corporate is a part of the worldwide car producer and mobility supplier Stellantis.

For additional data: https://www.free2move.com  

Cautionary Commentary Referring to Ahead-Taking a look Statements

This press liberate would possibly comprise forward-looking statements throughout the that means of the federal securities regulations. Ahead-looking statements relate to expectancies, ideals, projections, long term plans and methods, expected occasions or tendencies, and identical expressions regarding issues that don’t seem to be ancient information. In some instances, you’ll determine forward-looking statements by means of forward-looking terminology similar to “may,” “will,” “should,” “expects,” “intends,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” or “potential” or the destructive of those phrases and words or identical phrases or words which can be predictions of or point out long term occasions or tendencies and which don’t relate only to ancient issues. Ahead-looking statements contain recognized and unknown dangers, uncertainties, assumptions and contingencies, a lot of which can be past our regulate, and would possibly reason exact effects to range considerably from the ones expressed in any forward-looking remark. All forward-looking statements replicate our excellent religion ideals, assumptions, and expectancies, however they don’t seem to be promises of long term efficiency. We warning traders to not unduly depend on any forward-looking statements. The forward-looking statements discuss most effective as of the date of this press liberate.

spsingh
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TAGGED:AcceleratesCitiesDriveItAwayExpandsFree2moveHoldingsLaunchesMarketsNationalOTCIDScaleTransitionsU.S
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