SCHEDULE: Serve Robotics: G1 & Susquehanna Disclose 2.8% Stake

G1 Execution Services and Susquehanna Securities have jointly disclosed a 2.8% beneficial ownership stake in Serve Robotics Inc., including options.

Summary

• G1 Execution Services, LLC and Susquehanna Securities, LLC, affiliated independent broker-dealers, have filed an Amendment No. 1 to Schedule 13G for Serve Robotics Inc.
• The Reporting Persons collectively beneficially own 2,118,500 shares of Serve Robotics Inc. common stock.
• This ownership represents 2.8% of the company's outstanding common stock, based on 74,483,482 shares outstanding as of November 10, 2025.
• Susquehanna Securities, LLC's reported beneficial ownership includes options to purchase 1,274,200 shares.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of Serve Robotics Inc.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a moderately positive signal, indicating institutional interest in Serve Robotics Inc. from affiliated broker-dealers. The inclusion of options suggests potential future equity conversion, but the overall stake remains below a significant influence threshold.

Positives

• The disclosure indicates institutional interest in Serve Robotics Inc. from affiliated broker-dealers G1 Execution Services and Susquehanna Securities.
• The inclusion of options to buy 1,274,200 shares in Susquehanna's beneficial ownership suggests potential future equity conversion and continued engagement.

Negatives

• The disclosed stake of 2.8% is below the 5% threshold typically associated with significant activist or strategic investment, suggesting a more passive or trading-oriented position rather than a controlling interest.

Risks

• The filing itself does not detail company-specific risks for Serve Robotics Inc. as it is a disclosure of beneficial ownership.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that Schedule 13G filings provide transparency into significant passive ownership stakes by institutional investors. The disclosure of a 2.8% stake by affiliated broker-dealers G1 Execution Services and Susquehanna Securities in Serve Robotics Inc. indicates ongoing institutional interest in the robotics sector, which is experiencing growth and innovation. While not a controlling stake, such disclosures can signal market participants' engagement with emerging technology companies.

Comparison to Industry Standards

• StockSavvy.ai observes that a 2.8% beneficial ownership stake is a relatively modest position for institutional investors, particularly for broker-dealers who may hold shares for trading or client facilitation rather than long-term strategic influence.
• For comparison, activist investors often target stakes above 5% to exert influence, as seen in cases like Starboard Value's campaigns or Elliott Management's significant positions in various tech companies.
• This stake is more akin to a passive investment or a position taken in the ordinary course of business, rather than a strategic move to rival major institutional holdings in companies like Boston Dynamics (owned by Hyundai) or iRobot (acquired by Amazon).

Stakeholder Impact

• Shareholders: Provides transparency regarding institutional ownership, potentially signaling market confidence or liquidity.
• Company Management: Awareness of institutional holdings, though this stake is not indicative of control or activist pressure.

Key Dates

Keywords

Serve Robotics, SRVR, Schedule 13G, Beneficial Ownership, G1 Execution Services, Susquehanna Securities, Broker-Dealer, Institutional Ownership, Common Stock, Robotics