secwatch.observer — SEC 8-K summary
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Issuer:     Serve Robotics Inc. /DE/ (SERV)
CIK:        0001832483
Form:       8-K
Filed at:   2025-01-06T23:59:59+00:00
Accession:  0001213900-25-000958
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Serve Robotics raises $86M in Dec 2024, total 2024 proceeds $167M
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- Raised $86M gross in December 2024 via ATM and warrant exercises; full-year 2024 raised $167M.
- Total funding since 2021 spinout ~$220M; shares outstanding ~51.5M as of Dec 31, 2024.
- Liquidity extends operational runway through end of 2026; can self-fund equipment investments.
- Funds support production ramp of third-gen robots and entry into new markets.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1832483/000121390025000958/0001213900-25-000958-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1832483/000121390025000958/ea0226824-8k_serve.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-000958

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