Company: SERV
Filing Date: 2025-03-06
Form Type: S-3
Source: 0001213900-25-021234
Chunk: 60

Company: Serve Robotics Inc. /DE/
Filing Date: 2025-03-06
Form: S-3
Chunk 60
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, infrastructure 
 and integrated software by us or third-party vendors; and                |

The forward-looking statements contained in this prospectus and in
any document incorporated by reference are based on our current expectations and beliefs concerning future developments and their potential
effects on our business. There can be no assurance that future developments affecting our business will be those that we have anticipated.
These forward-looking statements involve a number of risks, uncertainties (some of which are beyond our control) or other assumptions
that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements.
These risks and uncertainties include, but are not limited to, those factors described in the section entitled “Risk Factors”
and in our periodic filings with the SEC. Our SEC filings are available publicly on the SEC website at www.sec.gov. Moreover, we operate
in a very competitive and rapidly changing environment. New risks and uncertainties emerge from time to time and it is not possible for
us to predict all such risk factors, nor can we assess the effect of all such risk factors on our business or the extent to which any
factor or combination of factors may cause actual results to differ materially from those contained in any forward-looking statements.
Should one or more of these risks or uncertainties materialize, or should any of our assumptions prove incorrect, actual results may vary
in material respects from those projected in these forward-looking statements. Accordingly, forward-looking statements in this prospectus
and in any document incorporated herein by reference should not be relied upon as representing our views as of any subsequent date, and
we undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or
otherwise, except as may be required under applicable securities laws.

<div align='center'>S-7

Use of Proceeds</div>

We may issue and sell shares of our common stock having aggregate sales
proceeds of up to $150,000,000 from time to time. Because there is no minimum offering price for the shares that we may offer from time
to time, the actual total public offering amount, commissions and proceeds to us, if any, are not determinable at this time. There can
be no assurance that we will sell any shares under or fully utilize the Sales Agreement with the Agents as a source of financing.

Our management will have broad discretion over the uses of the net
proceeds in this offering. We intend to use the net proceeds that we receive from this offering for working capital and other