Seer Receives Unsolicited Acquisition Proposal, Director Nominations

Seer's Board to Review Proposal, Director Candidates from Radoff-JEC Group

Apr. 13, 2026 at 6:19pm

A photorealistic studio still life featuring a polished metal briefcase, a stack of financial documents, and a pen, arranged elegantly on a clean, monochromatic background, symbolizing the abstract corporate strategy and financial implications of Seer's unsolicited proposal.A conceptual still life captures the uncertainty surrounding Seer's unsolicited acquisition proposal and director nominations.Redwood City Today

Seer, Inc. (Nasdaq: SEER) has confirmed receiving an unsolicited acquisition proposal from the Radoff-JEC Group to acquire all outstanding shares of Seer's Class A common stock for $2.25 per share in cash plus a contingent value right. The Seer Board of Directors will review the proposal and director nominations from Radoff-JEC Group in accordance with its fiduciary duties.

Why it matters

This unsolicited proposal and director nominations could signal potential changes in Seer's leadership and strategic direction if accepted. The outcome could impact the company's future as an independent entity or its continued operations under new ownership and oversight.

The details

The Radoff-JEC Group's proposal is highly contingent and non-binding. Seer's Board will carefully review the proposal and director nominations in consultation with its financial and legal advisors to determine the best course of action for the company and its stockholders. No stockholder action is required at this time, and the date of Seer's 2026 Annual Meeting has not yet been announced.

  • Seer received the unsolicited proposal and director nominations on April 13, 2026.
  • Seer plans to file a proxy statement with the SEC in connection with its 2026 Annual Meeting of Stockholders.

The players

Seer, Inc.

A Nasdaq-listed company that provides deep, unbiased proteomic insights through its Proteograph Product Suite.

Radoff-JEC Group

A group consisting of Bradley L. Radoff and Michael Torok, along with certain affiliates, that has submitted an unsolicited proposal to acquire Seer and nominated three director candidates.

Seer's Board of Directors

The board that will review the Radoff-JEC Group's proposal and director nominations to determine the best course of action for the company and its stockholders.

Perella Weinberg Partners LP

The financial advisor serving Seer in this matter.

Wilson Sonsini Goodrich & Rosati, Professional Corporation

The legal counsel serving Seer in this matter.

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What’s next

The Seer Board will present its formal recommendation regarding the Radoff-JEC Group's director nominations in the company's definitive proxy statement, to be filed with the SEC and mailed to all stockholders eligible to vote at the 2026 Annual Meeting. The date of the 2026 Annual Meeting has not yet been announced.

The takeaway

This unsolicited proposal and director nominations could lead to significant changes in Seer's leadership and strategic direction, with the potential impact on the company's future as an independent entity or under new ownership and oversight. Seer's Board will carefully review the proposal and nominations to determine the best course of action for the company and its stockholders.