Seer Receives Revised Unsolicited Acquisition Proposals from Radoff-JEC Group and CEO Omid Farokhzad
On July 28, 2026, Seer Inc. received a revised non-binding acquisition proposal from the Radoff-JEC Group offering $2.55 per share in cash plus contingent value rights for all outstanding shares of Class A common stock. The following day, on July 29, 2026, Seer also received another unsolicited and non-binding offer from its CEO Omid Farokhzad to acquire the same shares at $2.45 per share in cash plus two contingent value rights. The Special Committee of Seer’s Board will evaluate both proposals alongside other strategic alternatives before deciding on a course of action that it believes is best for stockholders. No immediate shareholder approval or action is required as these are preliminary and non-binding offers at this stage.
Topics: corporate_governance M&A