
AcquisitionsApr 13, 2026, 01:57 PM
Seer Receives Unsolicited Acquisition Proposal for $2.25/Share
AI Summary
Seer, Inc. confirmed it received a highly contingent, non-binding, and unsolicited proposal from the Radoff-JEC Group to acquire all outstanding shares of its Class A common stock for $2.25 per share in cash plus a contingent value right. The Board of Directors will carefully review the proposal in consultation with its financial and legal advisors. Additionally, the Radoff-JEC Group nominated three director candidates for election at the Company's 2026 Annual Meeting of Stockholders, which the Corporate Governance and Nominating Committee will review.
Key Highlights
- Seer received an unsolicited proposal to acquire all outstanding shares.
- The offer is $2.25 per share in cash plus a contingent value right.
- Radoff-JEC Group nominated three director candidates for the 2026 Annual Meeting.
- Seer's Board will review the proposal and director nominations.