Company: SERV
Filing Date: 2025-03-06
Form Type: POS AM
Source: 0001213900-25-021238
Chunk: 22

Company: Serve Robotics Inc. /DE/
Filing Date: 2025-03-06
Form: POS AM
Chunk 22
---
 the securities are traded or in private transactions. These sales may be at fixed or negotiated prices.
A selling stockholder may use any one or more of the following methods when selling securities:

| ● | ordinary brokerage transactions and transactions in which 
 the broker-dealer solicits purchasers;                    |

| ● | block trades in which the broker-dealer will attempt to sell the securities as agent but may position and resell a portion of the block as principal to facilitate the transaction; |

| ● | purchases by a broker-dealer as principal and resale by the broker-dealer for its account; |

| ● | an exchange distribution in accordance with the rules of the applicable exchange; |

| ● | privately negotiated transactions; |

| ● | settlement of short sales; |

| ● | in transactions through broker-dealers that agree with the selling stockholders to sell a specified number of such securities at a stipulated price per security; |

| ● | through the writing or settlement of options or other hedging transactions, whether through an options exchange or otherwise; |

| ● | a combination of any such methods of sale; or |

| ● | any other method permitted pursuant to applicable law. |

The selling stockholders may also sell securities under Rule 144 or
any other exemption from registration under the Securities Act, if available, rather than under this prospectus.

Broker-dealers engaged by the selling stockholders may arrange for
other brokers-dealers to participate in sales. Broker-dealers may receive commissions or discounts from the selling stockholders (or,
if any broker-dealer acts as agent for the purchaser of securities, from the purchaser) in amounts to be negotiated, but, except as set
forth in a supplement to this Prospectus, in the case of an agency transaction not in excess of a customary brokerage commission in compliance
with FINRA Rule 2440; and in the case of a principal transaction a markup or markdown in compliance with FINRA IM-2440.

In connection with the sale of the securities or interests therein,
the selling stockholders may enter into hedging transactions with broker-dealers or other financial institutions, which may in turn engage
in short sales of the securities in the course of hedging the positions they assume. The selling stockholders may also sell securities
short and deliver these securities to close out their short positions, or loan or pledge the securities to broker-dealers that in turn
may sell these securities. The selling stockholders may also enter into option or other transactions with broker-dealers or other financial
in