Weekly Recap: Committee Rejects CEO Bid and Seer Urges Director Votes

Seer, Inc. Class A (NASDAQ:SEER) rebuffed CEO Omid Farokhzad’s $2.45 cash-plus-CVR take-private bid as undervalued after earlier rejecting $2.40, sending premarket shares down ~5% to $2.06, while the company urges shareholders to back its seven BLUE nominees for the July 28, 2026 meeting.

Previous Week Recap

• Seer Rejects Farokhzad Take-Private Bid: Seer (SEER) Special Committee rejected CEO Omid Farokhzad’s $2.45 cash plus CVRs take-private bid, citing undervaluation. Earlier $2.40 offer also rejected. Premarket shares fell ~5% to $2.06.
• Seer Urges FOR Seven Directors: Seer, Inc. (SEER) urged shareholders to vote FOR its seven director nominees on the BLUE proxy for the July 28, 2026 meeting; record date May 29, 2026; board holds 17% stake.

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