Company: SERV
Filing Date: 2025-01-07
Form Type: 424B3
Source: 0001213900-25-001716
Chunk: 94

Company: Serve Robotics Inc. /DE/
Filing Date: 2025-01-07
Form: 424B3
Chunk 94
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corporate purposes, including working capital.

Northland Capital Markets is acting as the exclusive placement agent
for the transaction.

The offering is being made pursuant to an effective shelf registration
statement on Form S-3 (File No. 333-282389), which was declared effective by the Securities and Exchange Commission (the “SEC”)
on October 3, 2024. A final prospectus supplement and the accompanying prospectus relating to the registered direct offering will be filed
with the SEC and will be available on the SEC’s website located at http://www.sec.gov. Additionally, when available, electronic copies
of the final prospectus supplement and the accompanying prospectus may be obtained, when available, from Northland Securities, Inc., 150
South Fifth Street, Suite 3300, Minneapolis, MN.

This press release shall not constitute an offer to sell or the solicitation
of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction
in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such
state or jurisdiction.

About Serve Robotics

Serve Robotics develops advanced, AI-powered, low-emissions sidewalk
delivery robots that endeavor to make delivery sustainable and economical. Spun off from Uber in 2021 as an independent company, Serve
has completed tens of thousands of deliveries for enterprise partners such as Uber Eats and 7-Eleven. Serve has scalable multi-year contracts,
including a signed agreement to deploy up to 2,000 delivery robots on the Uber Eats platform across multiple U.S. markets.

For further information about Serve Robotics (Nasdaq: SERV), please
visit www.serverobotics.com or follow us on social media via X (Twitter), Instagram, or LinkedIn @serverobotics.

Safe Harbor Forward-Looking Statements

This press release contains forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995. Serve intends such forward-looking statements to be covered by the safe harbor
provisions for forward-looking statements contained in Section 21E of the Exchange Act. These forward-looking statements can be about
future events, including statements regarding Serve’s intentions, objectives, plans, expectations, assumptions and beliefs about future
events, including Serve’s expectations with respect to the financial and operating performance of its business, its capital position,
and future growth. The words “anticipate”, “believe”, “expect