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Serve Robotics Inc. - $SERV STOCK NEWS

Welcome to our dedicated page for Serve Robotics news (Ticker: $SERV), a resource for investors and traders seeking the latest updates and insights on Serve Robotics stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Serve Robotics's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Serve Robotics's position in the market.

Rhea-AI Summary
Serve Robotics Inc. (NASDAQ: SERV) has entered into a production agreement with Magna International Inc. to scale its robot manufacturing capabilities. The agreement aims to deploy up to 2,000 robotic delivery vehicles for Uber Eats and expand geographically. Magna will manufacture Serve's robots exclusively, building on a previous licensing agreement, showcasing Serve's leadership in autonomous sidewalk delivery.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.35%
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Rhea-AI Summary
Serve Robotics Inc. announced the closing of a $40 million public offering, with 10,000,000 shares of common stock sold at $4.00 per share. The offering included participation from strategic partner Postmates, , a subsidiary of Uber Technologies Inc. Serve granted Aegis Capital Corp. an option to purchase additional shares. The net proceeds will fund research, development, manufacturing, expansion, and general corporate purposes. Serve's common stock is now listed on the Nasdaq Capital Market under the symbol 'SERV'.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.63%
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Rhea-AI Summary
Serve Robotics Inc. announced the pricing of a $40 million public offering, with 10,000,000 shares of common stock at $4.00 per share. The offering includes participation from Postmates, , a subsidiary of Uber Technologies Inc. The company will begin trading on the Nasdaq Capital Market under the symbol 'SERV'. Aegis Capital Corp. has an option to purchase additional shares.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-41.32%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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Serve Robotics Inc.

Nasdaq:SERV

SERV Rankings

SERV Stock Data

34.96M
Other Consumer Services
Consumer Services
Link
United States of America
REDWOOD CITY

About SERV

ServiceMaster Global Holdings, Inc. engages in the provision of residential and commercial services. It offers residential and commercial termite and pest control, national accounts pest control services, restoration, commercial cleaning, residential cleaning, cabinet and furniture repair, and home inspections. It operates through the following segments: Terminix, ServiceMaster Brands, and Corporate. The Terminix segment focuses on providing termite remediation, annual termite inspection and prevention, periodic pest control services, insulation services, crawlspace encapsulation, wildlife exclusion, and treatments with termite damage repair guarantees to residential and commercial customers. The ServiceMaster Brands segment consists of the ServiceMaster Restore, ServiceMaster Clean, Merry Maids, Furniture Medic, and AmeriSpec businesses. The Corporate segment includes corporate operations which provide various technology, human resources, finance, legal, and other support services to the reportable segments. The company was founded by Marion W. Wade in 1929 and is headquartered in Memphis, TN.