Serve Robotics Board Changes and Officer Compensation
Ticker: SERV · Form: 8-K · Filed: Dec 9, 2024 · CIK: 1832483
Sentiment: neutral
Topics: board-changes, executive-compensation
TL;DR
Serve Robotics swapped a director and updated exec pay. Board shakeup incoming?
AI Summary
Serve Robotics Inc. announced on December 4, 2024, a change in its board of directors, with the departure of Director David L. Nelson and the appointment of Dr. Alissa J. Gross as a new Class II director. The company also disclosed compensatory arrangements for its officers.
Why It Matters
Changes in board composition can signal shifts in company strategy or governance, while details on officer compensation provide insight into management's incentives.
Risk Assessment
Risk Level: medium — Board changes and executive compensation disclosures can indicate internal shifts that may impact future performance.
Key Players & Entities
- Serve Robotics Inc. (company) — Registrant
- David L. Nelson (person) — Departing Director
- Dr. Alissa J. Gross (person) — Appointed Director
- December 4, 2024 (date) — Date of earliest event reported
FAQ
Who is the new Class II director appointed to Serve Robotics' board?
Dr. Alissa J. Gross was appointed as a new Class II director.
Which director has departed from Serve Robotics' board?
Director David L. Nelson has departed from the board.
What is the date of the earliest event reported in this 8-K filing?
The earliest event reported is dated December 4, 2024.
What are the main items reported in this Serve Robotics 8-K filing?
The filing reports the departure of a director, the election of a new director, and compensatory arrangements of certain officers.
What is Serve Robotics Inc.'s state of incorporation?
Serve Robotics Inc. is incorporated in Delaware.
Filing Stats: 681 words · 3 min read · ~2 pages · Grade level 10.3 · Accepted 2024-12-09 16:40:49
Key Financial Figures
- $0.0001 — ch registered Common Stock, par value $0.0001 per share SERV The Nasdaq Capital M
Filing Documents
- ea0224005-8k_serve.htm (8-K) — 28KB
- ea022400501ex99-1_serve.htm (EX-99.1) — 8KB
- image_001.jpg (GRAPHIC) — 13KB
- ex99-1_001.jpg (GRAPHIC) — 5KB
- 0001213900-24-106983.txt ( ) — 252KB
- serv-20241204.xsd (EX-101.SCH) — 3KB
- serv-20241204_lab.xml (EX-101.LAB) — 33KB
- serv-20241204_pre.xml (EX-101.PRE) — 22KB
- ea0224005-8k_serve_htm.xml (XML) — 4KB
01. Other Events
Item 8.01. Other Events. On December 9, 2024, the Company issued a press release regarding the appointment of Ms. Sarafan to the Board. A copy of the press release is attached as Exhibit 99.1 hereto.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits. The following exhibits are included in this report: No. Description 99.1 Press Release issued on December 9, 2024 104 Cover Page Interactive Data File (formatted in iXBRL) 1
SIGNATURES
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: December 9, 2024 /s/ Brian Read Brian Read Chief Financial Officer 2