Company: SERV
Filing Date: 2025-03-06
Form Type: 10-K
Source: 0001832483-25-000010
Chunk: 54

Company: Serve Robotics Inc. /DE/
Filing Date: 2025-03-06
Form: 10-K
Item: Item 12
Chunk 54
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Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters

The following table sets forth certain information with respect to the beneficial ownership of our common stock as of February 24, 2025 by:

•each of our named executive officers;

•each of our directors;

•all of our current directors and executive officers as a group; and

•each person, or group of affiliated persons, who beneficially owned more than 5% of our common stock.

We have determined beneficial ownership in accordance with the rules of the SEC, and the information is not necessarily indicative of beneficial ownership for any other purpose. Except as indicated by the footnotes below, we believe, based on information furnished to us, that the persons and entities named in the table below have sole voting and sole investment power with respect to all shares of common stock that they beneficially owned, subject to applicable community property laws.

The percentage of shares beneficially owned is computed on the basis of 56,892,029 shares of common stock outstanding as of February 24, 2025. Unless otherwise indicated, the address of each beneficial owner in the table below is c/o Serve Robotics Inc., 730 Broadway, Redwood City, CA 94063.

 Shares of Common Stock Beneficially Owned NameNumberPercentage 5% StockholdersPostmates, LLC(1)5,298,8339.3 %Directors and Named Executive OfficersAli Kashani(2)2,150,8943.8 %Touraj Parang(3)777,0761.4 %Olivier Vincent(4)29,928*David Goldberg(5)21,425*Lily Sarafan(5)18,402*Euan Abraham(6)21,128*Brian Read—— Evan Dunn—— Anthony Armenta—— Sarfraz Maredia—— All directors and executive officers as a group (six persons)3,018,8535.3 %

*Represents beneficial ownership of less than 1% of the outstanding shares of common stock.

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Table of Contents

(1)Postmates, LLC is the wholly-owned subsidiary of Uber. The address of Uber is 1725 3rd Street, San Francisco, California 94158. The foregoing information is solely from a Schedule 13D reflecting beneficial ownership of the Company's common stock filed on May 8, 2024.

(2)Consists of (i)