Seer, Inc. (SEER) has disclosed a new risk, in the Share Price & Shareholder Rights category.
Seer, Inc. faces a significant business risk if it fails to meet the Nasdaq Global Select Market’s stringent listing requirements. Should the company’s Class A common stock fall short of the mandated benchmarks, such as the minimum bid price and market value of publicly held shares, it risks being delisted. This potential delisting could severely harm Seer, Inc.’s stock liquidity and market price, subsequently hindering the company’s access to the capital markets and impairing its ability to raise funds on favorable terms, if at all.
The average SEER stock price target is $7.00, implying 266.49% upside potential.
To learn more about Seer, Inc.’s risk factors, click here.