Seer's Special Committee rejected acquisition proposals valued at $2.45 to $2.55 per share, deciding the offers undervalue the company. The company remains independent to capitalize on future AI-biology opportunities.
SEER news
Latest 7 stories · newest Oct 29, 2026
Seer, Inc. announced an unsolicited, non-binding proposal from Chairman and CEO Omid Farokhzad to acquire the company for $2.45 per share plus contingent value rights. The Board has formed an independent Special Committee to evaluate the offer.
On July 28 and 29, 2026, Seer received further revised unsolicited proposals from Bradley L. Radoff and Omid Farokhzad to acquire the company for $2.55 per share and $2.45 per share, respectively. The Special Committee will review these proposals to determine the best action for stockholders.
A Special Committee of Seer's Board unanimously rejected an unsolicited proposal to acquire the company due to a perceived undervaluation.
Seer received an unsolicited, non-binding proposal from CEO Omid Farokhzad to acquire all outstanding shares for $2.45 in cash plus CVRs. The company's Board of Directors is establishing a special committee to evaluate the offer and other alternatives.
Seer's Board of Directors unanimously rejected a revised unsolicited acquisition proposal from the Radoff-JEC Group valuing the company at $2.40 per share plus a contingent value right, determining it significantly undervalues the company and its growth prospects. The rejection signals continued res…
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