Radoff-JEC Group Agrees With Seer CEO That It Should Not Be A Public Company; Advocates For Sale
Bradley L. Radoff and Michael Torok (together with certain of their affiliates, the "Radoff-JEC Group" or "we"), who collectively own approximately 7.7% of the outstanding common stock of Seer, Inc. (NASDAQ: SEER ) ("Seer" or the "Company"), today issued the following statement in response to Chairman and CEO Omid Farokhzad, M.D.’s July 1, 2026 proposal to acquire Seer: "For the first time, we agree with Dr. Farokhzad – Seer should not be a public company. Seer should be sold to the highest bidder in a transaction that maximizes value for ALL of the Company’s stockholders. Over the past several months, we have detailed a myriad of operational and governance failures at Seer that make it clear to us that the Board is beholden to Dr. Farokhzad and unable to act in the best interests of all stockholders. Further validating our concerns, the Board categorically rejected three separate acq...
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