SEER

The Radoff-JEC Group, holding approximately 7.8% of Seer, Inc. (NASDAQ: SEER), issued an open letter to Seer's independent directors and advisors urging reconsideration of their fully financed acquisition proposals. The activist shareholder group characterizes Seer's rejection of three acquisition bids as "bad faith." The letter calls on the board and its advisors to act in the best interests of all stockholders.

Seer's stock rose after an investor group increased its takeover bid for the company. The sweetened offer signals continued acquisition interest and has driven a positive price reaction in shares. Details on the revised bid amount or the identity of the investor group were not provided in the article.

Seer has received a sweetened buyout offer from an activist investor group, according to SeekingAlpha. The improved bid suggests the acquiring party is increasing pressure to complete a takeover of the company. No financial terms of the revised offer were provided in the article.

The Radoff-JEC Group, holding approximately 7.6% of Seer, Inc. (NASDAQ: SEER), has submitted an improved non-binding proposal to acquire the company for $2.35 per share in cash plus a contingent value right. The proposal was submitted directly to Seer's Board of Directors on April 24, 2026. The offer is non-binding and no definitive agreement has been reached.