Inc. Announces Pricing of $40 Million Public Offering and Uplisting to the Nasdaq Capital Market Under New Ticker "SERV"
Summary
, /PRNewswire/ -- (the "Company" or "Serve"), a leading autonomous sidewalk delivery company, today announced the pricing of its underwritten public offering of 10,000,000 shares of common stock at a price to the public of per share, for aggregate gross proceeds of , prior to deducting underwriting discounts and offering expenses. Copies of the final prospectus may be obtained, when available, on the website, www.sec.gov, or by contacting , Attention: , , 27th floor, 10105, by email at syndicate@aegiscap.com, or by telephone at (212) 813-1010.This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.Backed by and NVIDIA, Serve Robotics develops advanced, AI-powered, low-emissions sidewalk delivery robots that endeavor to make delivery sustainable and economical. The company has scalable multi-year contracts, including a signed agreement to deploy up to 2,000 delivery robots on the platform across multiple markets.For further information about Serve Robotics (NASDAQ:SERV), please visit www.serverobotics.com or follow us on social media via X (Twitter), Instagram, or LinkedIn @serverobotics.This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words "anticipate", "believe", "expect", "project", "predict", "will", "forecast", "estimate", "likely", "intend", "outlook", "should", "could", "may", "target", "plan" and other similar expressions can generally be used to identify forward-looking statements. Serve undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made.