Serve Robotics Inc (QB) (SBOT) Quote

SERV dropped to $3.06.
These OTC stocks that upgrade to Nasdaq almost always crash at least 50% on the first day of trading.
This stock closed yesterday at $5.30.
Again, I think the market cap is too pricey.
But, they have Nvidia and Uber involved. That's kind of cool.

Typical retracement back to PP price.
In this case that is $4.00.
Let it settle and wait for news.
Market cap seems hefty for this early technology.
JMO.

SBOT moved to the Nasdaq from the OTC:

https://otce.finra.org/otce/dailyList?viewType=Deletions

SERVE ROBOTICS INC. /DE/
FORM 424B3
(Prospectus filed pursuant to Rule 424(b)(3))
Filed 04/09/24

https://www.otcmarkets.com/filing/conv_pdf?id=17438417&guid=A_Q-k6R4LcFPxBh

SERVE ROBOTICS INC. /DE/
FORM S-1/A
(Securities Registration Statement)
Filed 04/09/24

https://www.otcmarkets.com/filing/conv_pdf?id=17438446&guid=A_Q-k6R4LcFPxBh

Crazy volatility due to illiquidity.
They have S1 to raise money.
Likely will announce RS, financing, and upgrade to Nasdaq at same time.
How will market respond?

OTC stock. They lead people on that Nvidia would discuss their robot at keynote speech. Makes them look promotional at best and scam at worst. No thank you.

sheeeeesh.

low volume games.

Got in earlier today. Just came across this one. Seems promising.

Nvidia GCT today.
Maybe some news? Let’s get the word out.
Unfortunately, selling broke that $6 iceberg buy.
Time will tell.

Doesn’t hurt to have Uber and Nvidia as investors.
Curious to see where this goes?

Delivery robot developer Serve Robotics files for a $46 million Nasdaq uplisting

https://www.renaissancecapital.com/IPO-Center/News/103673/Delivery-robot-developer-Serve-Robotics-files-for-a-$46-million-Nasdaq-upli

are they trying to uplist to the NASDAQ?

SERVE ROBOTICS INC. /DE/
FORM 8-K
(Current report filing)
Filed 03/07/24 for the Period Ending 03/07/24

https://www.otcmarkets.com/filing/conv_pdf?id=17351648&guid=zId-kHCNU1nKJth

SERVE ROBOTICS INC. /DE/
Address
Telephone CIK Symbol SIC Code Fiscal Year
FORM S-1
(Securities Registration Statement)
Filed 03/11/24

https://www.otcmarkets.com/filing/conv_pdf?id=17356856&guid=zId-kHCNU1nKJth

NVDA owns 10%, UBER owns 16% No Brainer here, only 6.9 million in the float as well