BlackRock, Inc. Increases Stake in SERVE ROBOTICS INC to 5.9%

BlackRock, Inc. has filed a Schedule 13G with the SEC, disclosing an increased ownership of 5.9% in SERVE ROBOTICS INC. The filing indicates that BlackRock now holds 3,562,455 shares of the company's common stock, up from 2,365,800 shares previously. This represents a 50.58% increase in the number of shares held and a 103.23% increase in the value of the holdings. The shares were acquired in the ordinary course of business and are not held for the purpose of influencing the control of the issuer. The filing also notes that various persons have the right to receive dividends or proceeds from the sale of the shares, but no single person's interest exceeds 5% of the total outstanding shares.