Seer adopts tax-benefit preservation plan (poison pill) to protect NOLs; triggers at 4.9% ownership

Seer, Inc.

Board declared dividend of one Right per common share, record date March 9, 2026.
Rights become exercisable at $11.00 each for 1/1000th Series A Preferred after trigger.
Plan deters acquisition of 4.9% or more common stock without Board approval.
Plan expires on February 25, 2029, unless extended or NOLs are fully utilized.
Adopted to preserve net operating losses and tax attributes under Section 382 of the Code.

item 1.01 item 3.03 item 5.03 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Seer, Inc.: Adoption of Certificate of Designation for Series A Participating Preferred Stock (effective 2026-02-26).

Change: charter amendment
Effective: 2026-02-26

Exact text from the filing

the Board approved a Certificate of Designation of Rights, Powers and Preferences of Series A Participating Preferred Stock (the “Certificate of Designation”) setting forth the rights, powers and preferences of the Preferred Stock. The Certificate of Designation will be filed with the Secretary of State of the State of Delaware to be effective on February 26, 2026.

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Seer, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-26-076684

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