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Date | Price Target | Rating | Analyst |
---|---|---|---|
10/28/2024 | $16.00 | Buy | Ladenburg Thalmann |
10/18/2024 | $16.00 | Outperform | Northland Capital |
10/7/2024 | $12.00 | Buy | Seaport Research Partners |
SC 13G/A - Serve Robotics Inc. /DE/ (0001832483) (Subject)
SC 13G - Serve Robotics Inc. /DE/ (0001832483) (Subject)
424B3 - Serve Robotics Inc. /DE/ (0001832483) (Filer)
424B3 - Serve Robotics Inc. /DE/ (0001832483) (Filer)
424B3 - Serve Robotics Inc. /DE/ (0001832483) (Filer)
4 - Serve Robotics Inc. /DE/ (0001832483) (Issuer)
4 - Serve Robotics Inc. /DE/ (0001832483) (Issuer)
4 - Serve Robotics Inc. /DE/ (0001832483) (Issuer)
SAN FRANCISCO, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Serve Robotics Inc. ("Serve" or the "Company") (NASDAQ:SERV), a leading autonomous sidewalk delivery company, announced today that the Company has entered into securities purchase agreements with certain institutional investors for the purchase and sale of 4,210,525 shares of common stock, pursuant to a registered direct offering, expected to result in gross proceeds of approximately $80.0 million, before deducting placement agent fees and other offering expenses. The offering is expected to close on or about January 7, 2025, subject to the satisfaction of customary closing conditions. The Company intends to use net proceeds from the offeri
SAN FRANCISCO, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Serve Robotics Inc. ("Serve" or the "Company") (NASDAQ:SERV), a leading autonomous delivery company, today announced that it raised gross proceeds of $86 million during December 2024, bringing total gross proceeds raised in 2024 to $167 million. Since its spinout from Uber in 2021, the Company has secured approximately $220 million in total funding. The additional December 2024 funding includes proceeds raised through Serve's previously filed ATM facility and the exercise of warrants. As of December 31, 2024, Serve had a total of approximately 51.5 million shares of common stock issued and outstanding. This infusion of capital significant
SAN FRANCISCO, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Serve Robotics Inc. (NASDAQ:SERV), a leading embodied AI and automation company, today announced the appointment of Lily Sarafan to its Board of Directors (the "Board"). Sarafan is an accomplished leader with nearly 20 years of experience in entrepreneurship, executive leadership and board governance. She is co-founder and former chief executive of TheKey, one of the largest and most trusted in-home care provider networks, where she serves as executive chair. Sarafan currently serves on the boards of Instacart, Thumbtack and Kyo as well as on the board of trustees of Stanford University. She has been recognized as an EY Entrepreneur of the
SAN FRANCISCO, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Serve Robotics Inc. (NASDAQ:SERV), a leading embodied AI and automation company, today announced the appointment of Lily Sarafan to its Board of Directors (the "Board"). Sarafan is an accomplished leader with nearly 20 years of experience in entrepreneurship, executive leadership and board governance. She is co-founder and former chief executive of TheKey, one of the largest and most trusted in-home care provider networks, where she serves as executive chair. Sarafan currently serves on the boards of Instacart, Thumbtack and Kyo as well as on the board of trustees of Stanford University. She has been recognized as an EY Entrepreneur of the
SAN FRANCISCO, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Serve Robotics Inc. ("Serve") (NASDAQ:SERV), a leading autonomous sidewalk delivery company, today announced the appointment of former Postmates and GM executive Anthony Armenta as Chief Software and Data Officer. In the newly created role, Armenta will lead the development and strengthening of Serve's software, AI, and autonomy stack, enhancing the robots' reliability, performance, and ability to scale nation-wide. Armenta re-joins Serve after previously spearheading early development of the company's autonomous robots as Vice President of Software Engineering at Postmates, prior to Serve's spin-off from Uber. "We are thrilled to have Anth
Acquisition deepens Serve's offerings for the restaurant industry, helping partners improve efficiency and manage labor shortage challenges from kitchen to curb SAN FRANCISCO, Nov. 7, 2024 /PRNewswire/ -- Serve Robotics Inc. ("Serve") (NASDAQ:SERV), a leading autonomous robotic delivery company, today announced its agreement to acquire the assets of Vebu Inc. ("Vebu"), a trailblazer in full-stack automation and robotics solutions for restaurant partners. Financial terms of the all-stock transaction were not disclosed. The acquisition strengthens Serve's strategic positioning b
Ladenburg Thalmann initiated coverage of Serve Robotics with a rating of Buy and set a new price target of $16.00
Northland Capital initiated coverage of Serve Robotics with a rating of Outperform and set a new price target of $16.00
Seaport Research Partners initiated coverage of Serve Robotics with a rating of Buy and set a new price target of $12.00
Announced plans for geographic expansion into the Dallas Fort Worth metroCompleted $32.3 million in capital raise transactions; Cash balance of $50.9 million as of third quarter endAnnounced agreement to acquire Vebu and its pioneering avocado-processing robot, AutocadoSAN FRANCISCO, Nov. 7, 2024 /PRNewswire/ -- Serve Robotics Inc. (the "Company" or "Serve") (NASDAQ:SERV), a leading autonomous sidewalk delivery company, today announced financial results for the third quarter 2024 ended September 30, 2024. "During the third quarter we made significant operational and financial
SAN FRANCISCO, Oct. 29, 2024 /PRNewswire/ -- Serve Robotics (NASDAQ:SERV), a leading autonomous sidewalk delivery company, today announced that it will release its financial results for the third quarter ended September 30, 2024 after U.S. markets close on Thursday, November 7, 2024. Company management will host a conference call and webcast at 2:00 p.m. PT / 5:00 p.m. ET to discuss the financial results and provide a corporate update. A live webcast and replay can be accessed from the investor relations page of Serve Robotics' website at Investor Relations — Serve Robotics. I
SAN FRANCISCO, Aug. 7, 2024 /PRNewswire/ -- Serve Robotics (NASDAQ:SERV), a leading autonomous sidewalk delivery company, today announced that it will release its financial results for the second quarter ended June 30, 2024 after U.S. markets close on Tuesday, August 13, 2024. Company management will host a conference call and webcast at 2:00 p.m. PT / 5:00 p.m. ET to discuss the financial results and provide a corporate update. A live webcast and replay can be accessed from the investor relations page of Serve Robotics' website at Investor Relations — Serve Robotics. Individuals interested in listening to the conference call may do so by dialing (646) 968-2525 and referencing conference ID