SEC Comment Letter 0000000000-25-002975 to Serve Robotics Inc. /DE/ (SERV)
Serve Robotics Inc. /DE/
Date: March 19, 2025 · CIK: 0001832483 · Accession: 0000000000-25-002975
AI Filing Summary & Sentiment
Reasoning
File numbers found in text: 001-42023
Letter
Re: Serve Robotics Inc. Form 10-K for the Fiscal Year Ended December 31, 2024 Filed March 6, 2025 File No. 001-42023 Dear Brian Read:
March 19, 2025
Brian Read Chief Financial Officer Serve Robotics Inc. 730 Broadway Redwood City, CA 94063
We have limited our review of your filing to the financial statements and related disclosures and have the following comment.
Please respond to this letter within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe a comment applies to your facts and circumstances, please tell us why in your response.
After reviewing your response to this letter, we may have additional comments.
Form 10-K for the Fiscal Year Ended December 31, 2024 Item 9A. Controls and Procedures, page 58
1. We note that you excluded management's report on internal control over financial reporting in reliance on Section 215.02 of our Compliance and Disclosure Interpretations on Regulation S-K. Please note that this C&DI provided an accommodation for the Form 10-K covering the fiscal year your reverse merger was consummated, which was your December 31, 2023 Form 10-K, but does not provide an accommodation for subsequent fiscal years. Please amend your Form 10-K to provide management's report on internal control over financial report as of December 31, 2024, as required by Item 308(a) of Regulation S-K.
In closing, we remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. March 19, 2025 Page 2
Please contact Jennifer Thompson at 202-551-3737 or Anne McConnell at 202-551- 3709 with any questions.
Sincerely,
Division of Corporation
Finance
Office of Manufacturing
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<DOCUMENT> <TYPE>TEXT-EXTRACT <SEQUENCE>2 <FILENAME>filename2.txt <TEXT> March 19, 2025 Brian Read Chief Financial Officer Serve Robotics Inc. 730 Broadway Redwood City, CA 94063 Re: Serve Robotics Inc. Form 10-K for the Fiscal Year Ended December 31, 2024 Filed March 6, 2025 File No. 001-42023 Dear Brian Read: We have limited our review of your filing to the financial statements and related disclosures and have the following comment. Please respond to this letter within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe a comment applies to your facts and circumstances, please tell us why in your response. After reviewing your response to this letter, we may have additional comments. Form 10-K for the Fiscal Year Ended December 31, 2024 Item 9A. Controls and Procedures, page 58 1. We note that you excluded management's report on internal control over financial reporting in reliance on Section 215.02 of our Compliance and Disclosure Interpretations on Regulation S-K. Please note that this C&DI provided an accommodation for the Form 10-K covering the fiscal year your reverse merger was consummated, which was your December 31, 2023 Form 10-K, but does not provide an accommodation for subsequent fiscal years. Please amend your Form 10-K to provide management's report on internal control over financial report as of December 31, 2024, as required by Item 308(a) of Regulation S-K. In closing, we remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. March 19, 2025 Page 2 Please contact Jennifer Thompson at 202-551-3737 or Anne McConnell at 202-551- 3709 with any questions. Sincerely, Division of Corporation Finance Office of Manufacturing </TEXT> </DOCUMENT>