secwatch.observer — SEC 8-K summary
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Issuer:     Serve Robotics Inc. /DE/ (SERV)
CIK:        0001832483
Form:       8-K
Filed at:   2025-01-07T23:59:59+00:00
Accession:  0001213900-25-001415
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Serve Robotics raises ~$80M via registered direct offering of 4.2M shares at $19 each
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- Gross proceeds of approximately $80 million from sale of 4,210,525 shares at $19.00 per share.
- Offering expected to close January 7, 2025; net proceeds for general corporate purposes including working capital.
- Northland Capital Markets acted as exclusive placement agent; fee of 5% of gross proceeds.
- Shares offered under effective shelf registration statement on Form S-3 (File No. 333-282389).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1832483/000121390025001415/0001213900-25-001415-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1832483/000121390025001415/ea0226951-8k_serve.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-001415

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