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The Radoff-JEC Group Responds to Chairman and CEO Omid Farokhzad, M.D.’s Proposal to Acquire Seer, Inc.

SEER
  • The Radoff-JEC Group, holding approximately 7.7% of Seer, Inc. stock, supports selling the company to the highest bidder to maximize value for all stockholders.
  • The group criticizes the current Board for governance failures & alleged bias toward Chairman & CEO Omid Farokhzad, M.D.
  • The group notes the Board rejected three prior acquisition proposals from them in April yet formed a Special Committee only after Farokhzad submitted a $2.45 per share offer.
  • The group urges stockholders to vote FOR independent nominees Howard H. Berman, Ph.D., Joshua S. Horowitz, & Luis E. Rinaldini to ensure a credible strategic review process.
  • The group explicitly cautions the Board against entering any agreement with Farokhzad before the annual stockholder meeting on July 28, 2026.
  • Stockholders are instructed to vote AGAINST Farokhzad, Terrance McGuire, & Dipchand (Deep) Nishar.