Company: SERV
Filing Date: 2025-03-06
Form Type: S-3
Source: 0001213900-25-021234
Chunk: 54

Company: Serve Robotics Inc. /DE/
Filing Date: 2025-03-06
Form: S-3
Chunk 54
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 in any applicable prospectus supplement and any applicable free writing prospectus before acquiring any such securities. If any of these risks actually occur, it may materially harm our business, financial condition, liquidity and results of operations. As a result, the market price of our securities could decline, and you could lose all or part of your investment. Additionally, the risks and uncertainties incorporated by reference in this prospectus or any prospectus supplement are not the only risks and uncertainties that we face. Additional risks and uncertainties not presently known to us or that we currently believe to be immaterial may become material and adversely affect our business.

Risks Relating to This Offering and Our Common Stock

Our share price may be volatile, and you may be unable to sell your shares at or above the offering price.

The market price of our common stock is likely to be volatile and could
be subject to wide fluctuations in response to many risk factors listed in this section, and others beyond our control, including:

| ● | actual or anticipated fluctuations in our financial condition and operating results, including fluctuations in our quarterly and annual results; |

| ● | our ability to maintain the listing of our common stock on Nasdaq; |

| ● | our ability to recognize the anticipated benefits of the Merger, which may be affected by, among other things, competition and our ability to grow and manage growth profitably; |

| ● | our ability to enter into binding contracts with original equipment manufacturers or tier-one suppliers in order to execute on our business plan; |

| ● | our expansion plans and opportunities; |

| ● | our expectations regarding future expenditures; |

| ● | announcements of technological innovations by us or our competitors; |

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| ● | overall conditions in our industry and the markets in which we operate; |

| ● | addition or loss of significant customers, or other developments with respect to significant customers; |

| ● | changes in laws or regulations applicable to our services; |

| ● | actual or anticipated changes in our growth rate relative to our competitors; |

| ● | announcements by us or our competitors of significant acquisitions, strategic partnerships, joint ventures or capital commitments; |

| ● | additions or departures of key personnel; |

| ● | competition from existing products or new products that may emerge; |

| ● | issuance of new or updated research or reports by securities analysts; |

| ● | fluctuations in the valuation of companies perceived by investors to be comparable to us; |

| ● | disputes or other developments related