Serve Robotics terminates $100M equity distribution agreement, appoints PwC as new auditor

Serve Robotics Inc. /DE/

Terminated Equity Distribution Agreement with Northland, B. Riley, Ladenburg; no termination penalties.
Had sold 5,698,992 shares for ~$80M gross proceeds under the agreement; no further sales will be made.
Dismissed independent auditor dbbmckennon, effective after completion of FY2024 audit; no disagreements or reportable events except previously disclosed material weaknesses.
Appointed PricewaterhouseCoopers as new independent auditor for FY2025, effective after dbb completes 2024 audit.

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