Radoff-JEC group urges Seer holders to back dissident slate in push for board change, $2.5 tender offer for 20 million shares

Seer, Inc. Class A

Seer, Inc. Class A

SEER

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  • Activist Radoff-JEC Group, holding about 7.7% of Seer, urged stockholders to back its three director nominees in a proxy fight.
  • Group told investors not to vote for Omid Farokhzad, Terrance McGuire, Dipchand Nishar; cited a 97% share-price drop since the 2020 IPO.
  • Campaign pointed to more than USD 465 million in cumulative losses since the IPO, citing limited revenue growth despite over USD 160 million invested.
  • Group said Seer’s plan targets profitability in 2031; criticized nearly USD 37 million in cumulative CEO pay during the stock decline.
  • Radoff-JEC said Seer rejected its acquisition proposals at 33%-42% premiums; said board has not responded to a tender offer proposal at USD 2.5.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Seer Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260624630276) on June 24, 2026, and is solely responsible for the information contained therein.