Company: SERV
Filing Date: 2025-10-10
Form Type: 424B5
Source: 0001213900-25-098177
Chunk: 33

Company: Serve Robotics Inc. /DE/
Filing Date: 2025-10-10
Form: 424B5
Chunk 33
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.0001 per share, and 10,000,000 shares of preferred stock, par value $0.0001 per share.

As of March 4, 2025, we had 56,918,226 shares of
common stock outstanding, and no shares of preferred stock issued and outstanding. Unless stated otherwise, the following discussion summarizes
the term and provisions of our amended and restated certificate of incorporation and our amended and restated bylaws.

Common Stock

Dividend Rights

Subject to applicable law and the rights and preferences,
if any, of any holders of any outstanding series of preferred stock, the holders of our common stock are entitled to receive dividends
if our board of directors, in its discretion, determines to issue dividends and then only at the times and in the amounts that our board
of directors may determine, payable either in cash, in property or in shares of capital stock.

Voting Rights

Holders of our common stock are entitled to one
vote for each share of common stock held on all matters submitted to a vote of stockholders. Except as otherwise required by law, holders
of common stock are not entitled to vote on any amendment to the amended and restated certificate of incorporation (including any certificate
of designation relating to any series of preferred stock) that relates solely to the terms of one or more outstanding series of preferred
stock if the holders of such affected series are entitled, either separately or together as a class with the holders of one or more other
such series, to vote on such amendment pursuant to the amended and restated certificate (including any certificate of designation relating
to any series of preferred stock). We have not provided for cumulative voting for the election of directors in our amended and restated
certificate of incorporation. Accordingly, holders of a majority of the shares of our common stock will be able to elect all of our directors.
Our amended and restated certificate of incorporation establishes a classified board of directors, divided into three classes with staggered
three-year terms. Only one class of directors will be elected at each annual meeting of our stockholders, with the other classes continuing
for the remainder of their respective three-year terms.

No Preemptive or Similar Rights

Our common stock is not entitled to preemptive
rights and is not subject to conversion, redemption or sinking fund provisions.

Right to Receive Liquidation Distributions

Upon our liquidation, dissolution or winding-up
and after payment in full of all amounts required to be paid to creditors and to any holders of preferred stock