On December 7, 2021, Creative Learning Corporation (the "Company"), DriveItAway Inc., a Delaware corporation ("DIA"), and the existing shareholders of DIA executed an Agreement and Plan of Share Exchange (the "Share Exchange Agreement"), under which the Company would acquire 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 the Company for each outstanding share of DIA common stock (the "Share Exchange"). As a result of the Share Exchange, DIA will become a wholly-owned subsidiary of the Company. Upon closing of the Share Exchange, all of the existing members of the board of directors (the "Board") of the
Company have agreed to resign, and John Possumato, Adam Potash and Paul Patrizio will be appointed to the Company's Board. Upon closing of the Share Exchange, Christopher Rego and Rod Whiton have agreed to resign as officers, and upon their resignation John Possumato will be appointed chief executive officer and Adam Potash will be appointed chief operating officer. Mike Elkin has agreed to remain as chief financial officer of the Company.
DriveItAway Holdings, Inc. is a dealer-focused mobility platform that enables car dealers to sell vehicles through e-commerce, with its Pay as You Go application-based subscription program. The Company provide a comprehensive turnkey, solutions driven program with proprietary mobile technology and driver app, insurance coverages and training to get dealerships. The Company has expanded its consumer application, subscription to ownership platform to enable entry level consumers to drive and acquire new electric vehicles. It has developed a consumer-facing application and Web-based platform that allows any automotive retailer the ability to provide a subscription to ownership model for any consumer for both the consumer and the retailer. It works with franchise and independent dealers and is primarily a turnkey subscription dealer platform. Any consumer, regardless of credit, can go on its application, select a vehicle, sign for and pick up a vehicle, and have the subscription deal.
DRIVEITAWAY HOLDINGS, INC. 
