Company: SERV
Filing Date: 2025-03-06
Form Type: S-3
Source: 0001213900-25-021234
Chunk: 11

Company: Serve Robotics Inc. /DE/
Filing Date: 2025-03-06
Form: S-3
Chunk 11
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 held by non-affiliates is less than $700 million. If we are a smaller reporting company at the time we cease to be an emerging growth company, we may continue to rely on exemptions from certain disclosure requirements that are available to smaller reporting companies. Specifically, as a smaller reporting company we may choose to present only the two most recent fiscal years of audited financial statements in our Annual Report on Form 10-K and, similar to emerging growth companies, smaller reporting companies have reduced disclosure obligations regarding executive compensation.

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RISK FACTORS</div>

Investing in our securities involves a high degree
of risk. Before you invest in our securities, in addition to the other information, documents or reports incorporated by reference in
this base prospectus and any prospectus supplement or other offering materials, you should carefully consider the risk factors in this
section, the section entitled “Risk Factors” in any prospectus supplement as well as our most recent Annual Report on Form 10-K,
and in our Quarterly Reports on Form 10-Q filed subsequent to such Annual Report on Form 10-K, which are incorporated by reference
into this base prospectus and any prospectus supplement in their entirety, as the same may be amended, supplemented or superseded from
time to time by other reports we file with the SEC in the future. Each of the risks described in these sections and documents could materially
and adversely affect our business, financial condition, results of operations and prospects, and could result in a partial or complete
loss of your investment. The risks and uncertainties we have described are not the only ones we face. Additional risks and uncertainties
not presently known to us or that we currently deem immaterial may also affect our operations. See “Where You Can Find More Information.”

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CAUTIONARY NOTE REGARDING FORWARD LOOKING INFORMATION</div>

This base prospectus, each prospectus supplement
and the information incorporated by reference in this base prospectus and each prospectus supplement contain certain statements that constitute
“forward-looking statements” within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange
Act. All statements, other than statements of historical facts, included or incorporated in this base prospectus regarding our strategy,
future operations, financial position, future revenues, projected costs, projected timelines, prospects, plans and objectives of management
are forward-looking statements. We may, in some cases, use words such as “believe,” “anticipate