---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-073390"
form_type: "8-K"
ticker: "SERV"
cik: "0001832483"
company_name: "Serve Robotics Inc. /DE/"
filed_at: "2024-08-28T23:59:59+00:00"
generated_at: "2026-05-31T07:14:30.931107+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Serve Robotics raises $20M in private placement and warrant exercise

## Summary
- Sold 555,555 pre-funded warrants and 555,555 common warrants at $9.00 per unit, raising ~$5M.
- Existing warrants for 2.5M shares exercised at $6.00 per share, yielding ~$15M; investor received 2.2M new warrants at $10.
- Common and new warrants expire in 5.5 years; exercise price $10.00 per share.
- Aegis Capital served as placement agent with 6% commission plus $150K expenses.
- Net proceeds intended for general corporate purposes; transaction expected to close August 28, 2024.

## SEC filing metadata
- accession: 0001213900-24-073390
- form_type: 8-K
- ticker: SERV
- cik: 0001832483
- company_name: Serve Robotics Inc. /DE/
- filed_at: 2024-08-28T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1832483/000121390024073390/0001213900-24-073390-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1832483/000121390024073390/ea0212636-8k_serve.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-073390
- JSON: https://secwatch.observer/filing/0001213900-24-073390.json
- Plain text: https://secwatch.observer/filing/0001213900-24-073390.txt

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