Serve Robotics Ends $150 Million ATM Sales Agreement With Cantor Fitzgerald, Wedbush and Others
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Serve Robotics has terminated its $150 million Controlled Equity Offering Sales Agreement with Cantor Fitzgerald, Wedbush Securities, and others, effective May 7, 2026. The program allowed for the sale of common stock, with 7,716,935 shares sold for approximately $91.2 million before termination. The termination was mutual, with no penalties, as the company shifts its financing strategy and concludes the prior ATM program.
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