Sichenzia Ross Ference Carmel LLP Represents Aegis Capital Corp. in $15 Million PIPE of Uber and NVIDIA-backed Serve Robotics Inc.

New York, NY – July 24, 2024 – Sichenzia Ross Ference Carmel LLP announced that it has represented Aegis Capital Corp. as exclusive placement agent in a $15 million private placement offering by Serve Robotics Inc. (Nasdaq: SERV) of common stock warrants and pre-funded common stock warrants. Backed by Uber and NVIDIA, Serve Robotics develops advanced, AI-powered, low-emissions sidewalk delivery robots that endeavor to make delivery sustainable and economical.  Serve Robotics was spun off from Uber in 2021.  The Firm previously represented Aegis Capital as the sole book-running manager in Serve Robotics’ $40 million underwritten public offering of common stock and uplisting to Nasdaq in April 2024, and as co-placement agent in Serve Robotics’ $15.7 million “APO” reverse merger and private placement in July – October 2023.  The Firm also represented Laidlaw & Company (UK) Ltd. as co-placement agent in a $3 million convertible note bridge financing for Serve Robotics in April 2023.

The SRFC team was led by partners Gregory Sichenzia, Barrett DiPaolo and Matthew Siracusa and associate Benjamin Sklar.