Seer board rejects CEO's $2.45-per-share buyout offer

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Special Committee of Seer’s Board of Directors Unanimously Rejects Unsolicited Acquisition Proposal from Omid Farokhzad, M.D.

July 20, 2026 6:00 AM EDT

REDWOOD CITY, Calif., July 20, 2026 (GLOBE NEWSWIRE) -- Seer, Inc. (Nasdaq: SEER), the pioneer and trusted partner for deep, unbiased proteomic insights, today announced that the Special Committee of Seers Board of Directors, consisting of independent directors Meeta Gulyani and Nicolas Roelofs, Ph.D., has thoroughly reviewed and unanimously rejected the unsolicited, non-binding proposal received on July 1, 2026, from Omid Farokhzad, M.D., Seers Chair and Chief Executive Officer, to acquire all of the outstanding shares of Seers Class A common stock for $2.45 per share in cash plus two separate contingent value rights (the Proposal).

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