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Seer's board unanimously rejects $2.40/share buyout offer, citing undervaluation and long-term growth potential.

Company Fundamentals
21 May 2026
GlobeNewsWire
View Source
Bearish
pluang ai news

Seer, Inc.'s Board of Directors unanimously rejected a revised unsolicited proposal from the Radoff-JEC Group to acquire all outstanding shares at $2.40 per share plus a contingent value right. The Board, advised by financial and legal experts, determined the offer undervalues Seer and does not reflect its long-term growth prospects. This proposal is similar to a previous offer rejected in April 2026. Seer continues to emphasize its strong cash position and growth outlook, maintaining its independence for now.

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