Serve Robotics Raises $80 Million in Registered Direct Offering

​Serve Robotics Inc., a leading autonomous sidewalk deli​very company, entered into securities purchase agreements with institutional investors for the purchase and sale of 4,210,525 shares of common stock, resulting in gross proceeds of approximately $80 million. ​Faegre Drinker represented Northland Capital Markets, the exclusive placement agent for the transaction.

Results may vary depending on your particular facts and legal circumstances.