---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-063662"
form_type: "8-K"
ticker: "SERV"
cik: "0001832483"
company_name: "Serve Robotics Inc. /DE/"
filed_at: "2023-08-04T23:59:59+00:00"
generated_at: "2026-06-12T06:22:49.324090+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Serve Robotics completed reverse merger into Patricia Acquisition shell; raised $14.1M

## Summary
- Merger closed July 31, 2023: Patricia Acquisition (shell) merged with Serve Robotics; name changed to Serve Robotics Inc.
- Serve stockholders received 0.8035 shares of new company per share; up to 20.95M shares issued; options/warrants converted.
- Private placement raised ~$14.1M gross from 3.72M shares at $4.00 each; proceeds for working capital and growth.
- Bridge notes ($3.0M principal) converted into 937,968 shares at $3.20; 50% warrant coverage issued.
- New directors appointed; Ali Kashani becomes CEO; former shell officers resign; lock-up agreements for 12 months.

## SEC filing metadata
- accession: 0001213900-23-063662
- form_type: 8-K
- ticker: SERV
- cik: 0001832483
- company_name: Serve Robotics Inc. /DE/
- filed_at: 2023-08-04T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.01, 3.02, 1.01, 3.03, 4.01, 5.01, 5.02, 5.03, 5.06, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1832483/000121390023063662/0001213900-23-063662-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1832483/000121390023063662/ea180762-8k_patriciaacq.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-063662
- JSON: https://secwatch.observer/filing/0001213900-23-063662.json
- Plain text: https://secwatch.observer/filing/0001213900-23-063662.txt

## Key facts
- Governance Changes
  Serve Robotics Inc. /DE/: Amended and restated bylaws in their entirety on July 31, 2023 (effective 2023-07-31).
  - Change: bylaw amendment
  - Effective: 2023-07-31
  source text: Prior to the Merger, on July 31, 2023, we amended and restated our bylaws in their entirety.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1832483/000121390023063662/0001213900-23-063662-index.htm
- Governance Changes
  Serve Robotics Inc. /DE/: Amended and restated certificate of incorporation on July 31, 2023, approved by board and stockholders (effective 2023-07-31).
  - Change: charter amendment
  - Effective: 2023-07-31
  source text: Prior to the Merger, our board of directors approved the amendment and restatement of our certificate of incorporation on July 31, 2023, and stockholders holding 100% of the then outstanding shares of our common stock approved the amendment and restatement to our certificate of incorporation on July 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1832483/000121390023063662/0001213900-23-063662-index.htm
- Governance Changes
  Serve Robotics Inc. /DE/: Ceased to be a shell company as a result of the Merger.
  - Change: shell status
  source text: As a result of the Merger, we have ceased to be a shell company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1832483/000121390023063662/0001213900-23-063662-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
