Sichenzia Ross Ference Carmel LLP Represents Aegis Capital Corp. in $40 Million Common Stock Offering and Nasdaq Uplisting of Serve Robotics Inc.

New York, NY – April 22, 2024 – Sichenzia Ross Ference Carmel LLP announced today that it represented Aegis Capital Corp, as the sole book-running manager in a common stock offering and uplisting to Nasdaq of Serve Robotics Inc., a leading autonomous sidewalk delivery company. The offering consisted of 10,000,000 shares of common stock at a price to the public of $4.00 per share, for aggregate gross proceeds of $40 million, prior to deducting underwriting discounts and offering expenses. The offering includes the participation of one of Serve’s largest stockholders and strategic partners, Postmates, LLC, a wholly-owned subsidiary of Uber Technologies Inc (NYSE: UBER).

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