secwatch.observer — SEC 8-K summary
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Issuer:     Serve Robotics Inc. /DE/ (SERV)
CIK:        0001832483
Form:       8-K
Filed at:   2024-07-23T23:59:59+00:00
Accession:  0001213900-24-063643
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Serve Robotics raises $15M via private placement of pre-funded warrants and warrants
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- 2.5M pre-funded warrants (exercise $0.0001) plus 2.5M $6.00 warrants sold at $6.00/unit.
- Gross proceeds ~$15.0M; net for general corporate purposes.
- Closing expected July 24, 2024; Aegis Capital Corp. as placement agent (7.5% commission).
- Securities exempt from registration; registration rights agreement to file resale S-1 within 15 days of close.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1832483/000121390024063643/0001213900-24-063643-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1832483/000121390024063643/ea0209876-8k_serve.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-063643

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer