HADDONFIELD, N.J., March 02, 2022 (GLOBE NEWSWIRE) -- DriveItAway, Inc. (OTC-BB:CLCN), a Delaware corporation (“DIA”), an industry leader in new mobility platforms for automobile dealers, announced today that it has completed the Plan of Share Exchange with Creative Learning Corporation (OTC-BB:CLCN), under which CLCN acquired all of the issued and outstanding common stock of DIA by issuing one share of Series A Convertible Preferred Stock (the “Series A Preferred”) of CLCN for each outstanding share of DIA common stock (the “Share Exchange”). As a result of the Share Exchange, DIA became a wholly-owned subsidiary of CLCN with shareholders of DriveItAway, Inc. the beneficial owners of approximately 85% of the CLCN’s common stock.
DriveItAway Consummates the Share Exchange with Creative Learning Corporation to Lead the Company in Enabling EV Subscription to Ownership for Entry Level and Credit Challenged Consumers
Globe Newswire - Press Release
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