Serve Robotics Inc.(SERV) - 2024 Q1 - Quarterly Results

Serve Robotics Exhibit 99.1 Serve Robotics Announces First Quarter 2024 Results and Provides Corporate Update ● Revenue of $0.95 million; 124% sequential growth in delivery and branding revenue ● Signed agreement with Magna International for a long-term licensing partnership and exclusive contract manufacturing of Serve robots ● Post quarter-end, successfully uplisted to the Nasdaq Capital Market with concurrent$ 40 million equity of ering ● Continued focus on deploying 2,000 robots under Uber Eats contract ...