Company: SERV
Filing Date: 2025-03-06
Form Type: S-3
Source: 0001213900-25-021234
Chunk: 42

Company: Serve Robotics Inc. /DE/
Filing Date: 2025-03-06
Form: S-3
Chunk 42
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 us against certain civil liabilities, including liabilities under the Securities Act, or to contribution with respect
to payments made by the underwriters, dealers or agents, under agreements between us and the underwriters, dealers and agents.

Any person participating in the distribution of
common stock registered under the registration statement that includes this base prospectus will be subject to applicable provisions of
the Exchange Act, and the applicable SEC rules and regulations, including, among others, Regulation M, which may limit the timing of purchases
and sales of any of our common stock by any such person. Furthermore, Regulation M may restrict the ability of any person engaged in the
distribution of our common stock to engage in market-making activities with respect to our common stock. These restrictions may affect
the marketability of our common stock and the ability of any person or entity to engage in market-making activities with respect to our
common stock.

We may grant underwriters who participate in the
distribution of the securities an option to purchase additional securities to cover overallotments, if any, in connection with the distribution.
Any underwriter may engage in overallotment, stabilizing transactions, short-covering transactions and penalty bids in accordance with
Regulation M that stabilize, maintain or otherwise affect the price of the offered securities. Overallotment involves sales in excess
of the offering size, which create a short position. Stabilizing transactions permit bids to purchase the underlying security so long
as the stabilizing bids do not exceed a specified maximum. Short covering transactions involve purchases of the common stock in the open
market after the distribution is completed to cover short positions. Penalty bids permit the underwriters to reclaim a selling concession
from a dealer when the common stock originally sold by the dealer is purchased in a covering transaction to cover short positions. Those
activities may cause the price of the common stock to be higher than it would otherwise be. If commenced, the underwriters may discontinue
any of the activities at any time. If any such activities will occur, they will be described in the applicable prospectus supplement.

Underwriters or agents and their associates may
be customers of, engage in transactions with or perform services for us in the ordinary course of business and any such relationships
will be described in the applicable prospectus supplement.

If more than 10% of the net proceeds of any offering
of securities made under this base prospectus will be received by FINRA members participating in the offering or affiliates or associated
persons of such FINRA members, the offering will be conducted in