Radoff-JEC group urges Seer holders to elect three new directors at July 28 meeting, oust CEO Farokhzad as chair

Seer, Inc. Class A

Seer, Inc. Class A

SEER

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  • Radoff-JEC Group, holding about 7.7% of Seer, urged investors to elect its three director nominees at the July 28, 2026 annual meeting.
  • The group targeted Chair and CEO Omid Farokhzad, Terrance McGuire, Deep Nishar, citing a 97% share-price drop since the IPO.
  • It said Farokhzad sold more than USD 103 million of stock since the IPO; it cited a market capitalization of USD 92.4 million.
  • The group criticized Seer’s strategy, losses, cash burn, and adoption of a poison pill, arguing governance changes are needed.
  • It pressed for a board overhaul to run a strategic review, citing nominees’ experience in biotech, capital allocation, and M&A.


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