Seer receives revised buyout proposal from Radoff-JEC Group at USD 2.55 per share plus CVR
SEER•Competing offer from chair and CEO
On July 29, Chair and CEO Omid Farokhzad proposed acquiring all Class A shares for $2.45 per share in cash, with two contingent value rights. A board special committee is reviewing both bids alongside other strategic alternatives.
Revised proposal from Radoff-JEC Group
Seer received a revised unsolicited, non-binding proposal from the Radoff-JEC Group on July 28 to buy all Class A shares for $2.55 per share in cash, with a contingent value right.
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