Seer Confirms Receipt of Proposal and Director Nominations from Radoff-JEC Group

Published: 2026-04-14 07:20:29 ET SEER

Published on 04/14/2026 at 07:20 am EDT

On April 14, 2026, Seer, Inc. confirmed that it has received a proposal from Bradley L. Radoff and Michael Torok to acquire all of the outstanding shares of Company?s Class A common stock for $2.25 per share in cash plus a contingent value right, and the Company stated that consistent with its fiduciary duties and in consultation with its independent financial and legal advisors, the Company Board of Directors will carefully review and consider the proposal to determine the course of action that it believes is in the best interests of the Company and all the Company stockholders. In addition, the Company stated that Bradley L. Radoff has nominated 3 director candidates to stand for election to the Board at the Company?s 2026 Annual Meeting of Stockholders, and the Company stated that the Corporate Governance and Nominating Committee of the Board will review the proposed nominees in accordance with the Company?s bylaws. Further, the Company stated that its board will present its formal recommendation regarding the Radoff?s director nominations in the Company?s definitive proxy statement, to be filed with the Securities and Exchange Commission and mailed to all stockholders eligible to vote at the 2026 Annual Meeting.