---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-054200"
form_type: "8-K"
ticker: "SERV"
cik: "0001832483"
company_name: "Serve Robotics Inc. /DE/"
filed_at: "2026-05-11T23:59:59+00:00"
generated_at: "2026-05-14T18:55:17.728906+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Serve Robotics ends $150M ATM sales agreement, reports pro forma Q1 net loss of $51M from Diligent acquisition

## Summary
- Terminated $150M at-the-market equity offering with Cantor Fitzgerald and other agents effective May 7, 2026; no penalties.
- Prior agreement raised $91.2M gross from 7.7M shares before termination.
- Filed unaudited pro forma Q1 2026 combining Serve and Diligent (acquired Jan 27 for $25.7M).
- Pro forma Q1 revenue $3.5M, net loss $51.0M, diluted EPS -$0.68 vs Serve standalone -$0.65.
- Preliminary purchase price: $20.1M cash, $2.5M stock, $3.1M contingent earnout; $10M goodwill recorded.

## SEC filing metadata
- accession: 0001213900-26-054200
- form_type: 8-K
- ticker: SERV
- cik: 0001832483
- company_name: Serve Robotics Inc. /DE/
- filed_at: 2026-05-11T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1832483/000121390026054200/0001213900-26-054200-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1832483/000121390026054200/ea028960901-8k_serve.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-054200
- JSON: https://secwatch.observer/filing/0001213900-26-054200.json
- Plain text: https://secwatch.observer/filing/0001213900-26-054200.txt

## Source-grounded claims
- claim_id: 896fd3e4b61bfdfdade81d765cd81b5e8c371d00
  claim: Serve Robotics Inc. /DE/ terminated Controlled Equity Offering SM Agreement with Cantor Fitzgerald & Co., Wedbush Securities Inc., Northland Securities, Inc., Ladenburg Thalmann & Co. Inc. and Seaport Global Securities LLC (collectively, the "Agents") valued at up to $150 million (effective 2026-05-07).
  evidence_excerpt: On May 7, 2026, Serve Robotics Inc. (the “Company”) and each of Cantor Fitzgerald & Co., Wedbush Securities Inc., Northland Securities, Inc., Ladenburg Thalmann & Co. Inc. and Seaport Global Securities LLC (collectively, the “Agents”) agreed to terminate the Controlled Equity Offering SM Agreement, dated as of March 6, 2025 (the “Prior Sales Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1832483/000121390026054200/0001213900-26-054200-index.htm

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