Serve Robotics Inc. ("Serve") (NASDAQ:SERV), a leading autonomous delivery robotics company, today announced that it has entered into a securities purchase agreement with a single institutional investor for the purchase and sale, in a private placement, of pre-funded warrants to purchase 2,500,000 shares of Serve's common stock (the "Common Stock"), together with a warrants to purchase up to an aggregate of 2,500,000 shares of Common Stock at an exercise price of $6.00 per share. Each pre-funded warrant to purchase one share of Common Stock together with one $6.00 warrant to purchase one share of Common Stock is being sold at a purchase price of $6.00. The $6.00 warrants will have, will be exercisable upon issuance, and will expire five and a half years from the date of issuance.
Aegis Capital Corp. is acting as the exclusive placement agent for the offering. Orrick, Herrington & Sutcliffe LLP served as counsel to the Company and Sichenzia Ross Ference Carmel LLP served as counsel to Aegis Capital Corp. for the private placement.
The offering is expected to close on or about July 24, 2024, subject to satisfaction of customary closing conditions. The gross proceeds to Serve Robotics from this offering are expected to be approximately $15.0 million, before deducting placement agent fees and other offering expenses.
领先的自动交付机器人公司Serve Robotics Inc.(“Serve”)(纳斯达克股票代码:SERV)今天宣布,它已与单一机构投资者签订证券购买协议,以私募方式购买和出售购买250万股Serve普通股(“普通股”)的预先融资认股权证,以及一次行使最多250万股普通股的认股权证每股价格为6.00美元。每份购买一股普通股的预先筹集资金的认股权证以及一份购买一股普通股的6.00美元认股权证将以6.00美元的收购价出售。6.00美元的认股权证将有,将在发行时行使,并将自发行之日起五年半到期。
Aegis Capital Corp. 是本次发行的独家配售代理。Orrick、Herrington & Sutcliffe LLP担任该公司的法律顾问,Sichenzia Ross Ference Carmel LLP担任Aegis Capital Corp.的私募法律顾问。
此次发行预计将于2024年7月24日左右结束,但须满足惯例成交条件。在扣除配售代理费和其他发行费用之前,Serve Robotics从本次发行中获得的总收益预计约为1,500万美元。