Seer board rejects revised $2.40 per share buyout offer from Radoff-JEC
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Seer Board of Directors Unanimously Rejects Further Revised Unsolicited Proposal from Radoff-JEC Group
May 21, 2026 4:38 PM EDTREDWOOD CITY, Calif., May 21, 2026 (GLOBE NEWSWIRE) -- Seer, Inc. (Nasdaq: SEER), the pioneer and trusted partner for deep, unbiased proteomic insights, today announced that its Board of Directors (the Board) has thoroughly reviewed and unanimously rejected the further revised unsolicited non-binding proposal received on May 14, 2026, from Bradley L. Radoff and Michael Torok (together with certain of their affiliates, the Radoff-JEC Group), to acquire all of the outstanding shares of Seers Class A common stock for $2.40 per share in cash plus a contingent value right (the May 14 Revised Proposal).
Consistent with its fiduciary duties, the Board... More
