Company: SERV
Filing Date: 2025-10-10
Form Type: 424B5
Source: 0001213900-25-098177
Chunk: 40

Company: Serve Robotics Inc. /DE/
Filing Date: 2025-10-10
Form: 424B5
Chunk 40
---
 forum provision does not
apply to suits brought to enforce any duty or liability created by the Exchange Act. Accordingly, actions by our stockholders to enforce
any duty or liability created by the Exchange Act or the rules and regulations thereunder must be brought in federal court. Our stockholders
will not be deemed to have waived our compliance with the federal securities laws and the regulations promulgated thereunder.

Any person or entity purchasing or otherwise acquiring
or holding any interest in shares of our capital stock shall be deemed to have notice of and consented to the forum selection provisions
in the amended and restated certificate of incorporation.

The choice of forum provisions may limit a stockholder’s
ability to bring a claim in a judicial forum that it finds favorable for disputes with us or our directors, officers or other employees,
which may discourage such lawsuits against us and our directors, officers and other employees. Alternatively, if a court were to find
the choice of forum provisions contained in the amended and restated certificate of incorporation to be inapplicable or unenforceable
in an action, we may incur additional costs associated with resolving such action in other jurisdictions, which could harm our business,
results of operations and financial condition.

Limitation on Liability and Indemnification of Directors and Officers

The amended and restated bylaws provide that our
directors and officers will be indemnified and advanced expenses by us to the fullest extent authorized or permitted by the DGCL as it
now exists or may in the future be amended. In addition, the amended and restated certificate of incorporation provides that our directors
and officers will not be personally liable to us or our stockholders for monetary damages for breaches of their fiduciary duty as directors
or officers to the fullest extent permitted by the DGCL as it now exists or may in the future be amended.

The amended and restated bylaws also permit us
to purchase and maintain insurance on behalf of any officer, director, employee or agent of ours for any liability arising out of his
or her status as such, regardless of whether the DGCL would permit indemnification.

These provisions may discourage stockholders from
bringing a lawsuit against our directors for breach of their fiduciary duty. These provisions also may have the effect of reducing the
likelihood of derivative litigation against our directors and officers, even though such an action, if successful, might otherwise benefit
us and our stockholders. Furthermore, a stockholder’s investment may be adversely affected to the extent we pay the costs of settlement