Company: SERV
Filing Date: 2025-01-07
Form Type: 424B3
Source: 0001213900-25-001712
Chunk: 2

Company: Serve Robotics Inc. /DE/
Filing Date: 2025-01-07
Form: 424B3
Chunk 2
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| ☐ | Pre-commencement communications                                        
 pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |

Securities registered pursuant to Section 12(b) of the Act:

| Title of each class                       |     | Trading Symbol(s) |     | Name of each exchange on which registered |
| Common Stock, par value $0.0001 per share |     | SERV              |     | The Nasdaq Capital Market                 |

Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the
Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 4, 2024, Serve Robotics Inc. (the
“Company”) appointed Lily Sarafan to the Company’s Board of Directors (the “Board”) effective December 4,
2024. Ms. Sarafan was additionally appointed to serve on the Audit Committee and the Compensation Committee of the Board. There are no
arrangements or understanding between Ms. Sarafan and any other persons pursuant to which she was selected as a director, and there are
no transactions reportable under Item 404(a) of Regulation S-K in which Ms. Sarafan has a direct or indirect material interest. She will
be entitled to receive the standard cash paid to all directors as described in the Company’s Outside Director Compensation Policy
which is attached as Exhibit 10.33 to the Company’s Annual Report on Form 10-K for the year ended December 31, 2023 and 20,000 restricted
stock units vesting in full on the earlier to occur of (i) the Company’s next annual stockholder meeting or (ii) December 4, 2025. Ms.
Sarafan was appointed to the Board to replace Mr. Jordan as a Class II Director