• Bradley L. Radoff and Michael Torok, holders of approximately 7.7% of Seer, demanded explanations for its rejection of acquisition proposals.
• The two-member special committee rejected bids from the shareholder group and CEO Omid Farokhzad on October 29, 2026, favoring remaining public.
• Farokhzad’s July 1, 2026, proposal offered $2.45 per share in cash with two separate contingent value rights; he subsequently revised it.
• The investors demanded disclosure of the committee’s valuation analysis, financial projections and adviser arrangements, questioning its independence.
• They pledged to hold directors accountable, reserving their rights regarding the 2027 annual meeting following the contested 2026 annual meeting.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Seer Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20261102498655) on November 02, 2026, and is solely responsible for the information contained therein.