Serve Robotics (NASDAQ: SERV) investors elect directors and ratify PwC
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Serve Robotics Inc. reported results of its 2026 annual stockholder meeting held on June 17, 2026. Stockholders elected Ali Kashani and Touraj Parang as Class III directors and ratified PricewaterhouseCoopers LLP as independent auditor for the year ending December 31, 2026.
Of 77,324,755 common shares entitled to vote, 44,215,710 shares, or about 57.18%, were represented in person or by proxy, establishing a quorum. Director nominees received over 11.7 million votes each, and the auditor ratification received 43,715,369 votes in favor versus 246,041 against.
Positive
- None.
Negative
- None.
8-K Event Classification
Item 5.07 — Submission of Matters to a Vote of Security Holders
1 item
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Key Figures
Shares entitled to vote: 77,324,755 shares
Shares represented: 44,215,710 shares
Participation rate: 57.18%
+3 more
6 metrics
Shares entitled to vote
77,324,755 shares
Common stock entitled to vote at 2026 annual meeting
Shares represented
44,215,710 shares
Shares present in person or by proxy at meeting
Participation rate
57.18%
Percentage of entitled shares represented, constituting a quorum
Votes for PwC ratification
43,715,369 votes
For ratifying PwC as auditor for year ending December 31, 2026
Votes for Ali Kashani
12,185,502 votes
For election as Class III director at 2026 annual meeting
Votes for Touraj Parang
11,787,105 votes
For election as Class III director at 2026 annual meeting
Key Terms
emerging growth company, quorum, broker non-votes, independent registered public accounting firm
4 terms
emerging growth company regulatory
"Emerging growth company Item 5.07. Submission of Matters to a Vote"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
quorum financial
"44,215,710 shares, or approximately 57.18%, were represented ... constituting a quorum."
A quorum is the minimum number of members needed to officially hold a meeting or make decisions. It ensures that decisions are made with enough participation to represent the group’s interests, much like a majority must be present for a vote to be valid. For investors, understanding quorum is important because it affects when and how important company or organization decisions can be legally made.
broker non-votes financial
"The votes regarding the election of directors were as follows ... Broker Non-Votes"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
independent registered public accounting firm financial
"ratification of the selection of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 17, 2026
(Exact Name of Registrant as Specified in Charter)
| (State or Other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||||||||
| (Address of Principal Executive Offices) | (Zip Code) | |||||||
(818 ) 860-1352
(Registrant’s telephone number, including area code)
730 Broadway, Redwood City, CA 94063
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||||||||
The | ||||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.07. Submission of Matters to a Vote of Security Holders.
At the 2026 annual meeting of stockholders of Serve Robotics Inc. (the “Company”) held on June 17, 2026 (the “Annual Meeting”), the following proposals were submitted to the stockholders of the Company:
Proposal 1: The election of Ali Kashani and Touraj Parang as Class III directors.
Proposal 2: The ratification of the selection of PricewaterhouseCoopers LLP (“PwC”) as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026.
For more information about the foregoing proposals, see the Company’s definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission on April 24, 2026 (the “Proxy Statement”). Of the 77,324,755 shares of the Company’s common stock entitled to vote at the Annual Meeting, 44,215,710 shares, or approximately 57.18%, were represented at the meeting in person or by proxy, constituting a quorum. The number of votes cast for, against or withheld, as well as abstentions and broker non-votes, if applicable, in respect of each such matter is set forth below:
Proposal 1: Election of Directors.
The Company’s stockholders elected the following directors to serve as Class III directors. The votes regarding the election of directors were as follows:
| Director | Votes For | Votes Abstaining/ Withheld | Broker Non-Votes | |||||||||||||||||
| Ali Kashani | 12,185,502 | 2,621,065 | 29,409,143 | |||||||||||||||||
| Touraj Parang | 11,787,105 | 3,019,462 | 29,409,143 | |||||||||||||||||
Proposal 2: Ratification of PwC.
The Company’s stockholders ratified the selection of PwC as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026. The votes regarding this proposal were as follows:
| Votes For | Votes Against | Votes Abstaining/Withheld | ||||||||||||
| 43,715,369 | 246,041 | 254,300 | ||||||||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Serve Robotics Inc. | |||||
| Dated: June 18, 2026 | /s/ Brian Read | ||||
| Brian Read | |||||
| Chief Financial Officer | |||||
FAQ
What did Serve Robotics (SERV) stockholders approve at the 2026 annual meeting?
Serve Robotics stockholders elected Ali Kashani and Touraj Parang as Class III directors and ratified PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026, confirming the company’s proposed board slate and auditor choice.
What were the vote totals for Serve Robotics director Ali Kashani in 2026?
Ali Kashani received 12,185,502 votes for election as a Class III director. There were 2,621,065 votes abstaining or withheld and 29,409,143 broker non-votes, indicating majority support among votes cast for his board seat at Serve Robotics.
How did Serve Robotics (SERV) stockholders vote on ratifying PwC as auditor?
Serve Robotics stockholders voted 43,715,369 shares for ratifying PricewaterhouseCoopers LLP as independent auditor, with 246,041 shares against and 254,300 abstaining. This strong majority approval confirms PwC for the fiscal year ending December 31, 2026.
What were the vote results for Serve Robotics director Touraj Parang?
Touraj Parang received 11,787,105 votes for election as a Class III director. Votes abstaining or withheld totaled 3,019,462, with 29,409,143 broker non-votes, resulting in his election based on the votes cast in favor.