Seer says will review $2.25 per share takeover proposal

Seer (SEER) confirmed that it has received a “non-binding and unsolicited” proposal from Bradley Radoff and Michael Torok to acquire all of the outstanding shares of the company’s class A common stock for $2.25 per share in cash plus a contingent value right. The Seer board will “review and consider the Proposal to determine the course of action that it believes is in the best interests of the Company and all Seer stockholders,” the company said in a statement. In addition, Radoff-JEC Group has nominated three director candidates to stand for election to the board at the company’s 2026 annual meeting. “The Corporate Governance and Nominating Committee of the Board will review the proposed nominees in accordance with the Company’s bylaws,” Seer added.