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Serve Robotics completes acquisition of Diligent Robotics

Story Highlights
  • Serve Robotics closed its acquisition of Diligent Robotics on January 27, 2026.
  • The deal includes $29 million in stock, cash debt payoff, assumed RSUs and potential earnout shares.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Serve Robotics completes acquisition of Diligent Robotics

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An announcement from Serve Robotics Inc ( (SERV) ) is now available.

On January 27, 2026, Serve Robotics Inc. completed its previously announced acquisition of Diligent Robotics, Inc., with Diligent merging into a wholly owned subsidiary of Serve. Under the merger terms, Diligent’s preferred stockholders received Serve common shares valued at an aggregate $29 million, subject to net debt and working capital adjustments and including a potential $5.3 million earnout, while Diligent’s common shares, options and warrants were cancelled for no consideration, and 1,319,151 restricted stock units held by continuing employees were assumed on a 1:1 basis into Serve RSUs. At closing, Serve issued 32,835 common shares, with the number calculated using a 10‑day volume‑weighted average price and adjusted for approximately $19 million of Diligent debt paid in cash, and it may issue up to an additional 366,332 shares as earnout consideration, with all stock consideration issued via private placements exempt from registration, signaling a significant expansion of Serve’s asset base and workforce through an all‑stock‑plus‑cash structure.

The most recent analyst rating on (SERV) stock is a Buy with a $15.00 price target. To see the full list of analyst forecasts on Serve Robotics Inc stock, see the SERV Stock Forecast page.

Spark’s Take on SERV Stock

According to Spark, TipRanks’ AI Analyst, SERV is a Neutral.

The score is held back primarily by weak financial performance (negative margins, negative operating cash flow, and poor ROE) despite low leverage. Technicals are supportive with price above major moving averages and positive MACD, while the earnings call indicates strong scaling and ambitious growth targets but with continued high expenses and negative EBITDA. Valuation is constrained by negative earnings and no dividend data.

To see Spark’s full report on SERV stock, click here.

More about Serve Robotics Inc

Serve Robotics Inc. operates in the robotics industry, focusing on autonomous robotic solutions and related technologies. The company issues common stock and restricted stock units as part of its capital structure and uses strategic acquisitions to expand its capabilities and market presence.

Average Trading Volume: 7,031,696

Technical Sentiment Signal: Buy

Current Market Cap: $951.2M

For a thorough assessment of SERV stock, go to TipRanks’ Stock Analysis page.

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