Seer Board Unanimously Rejects $2.40/Share Cash Plus CVR Bid from Radoff-JEC Group

Seer, Inc.

Board unanimously rejected May 14 revised proposal at $2.40/share cash plus contingent value right.
Proposal implies equity value below sum of Seer's cash, cash equivalents and investments.
Board determined proposal significantly undervalues Seer's long-term growth prospects.
Proposal is materially the same as the one rejected by the Board on April 27, 2026.
Seer advised by Perella Weinberg Partners and Wilson Sonsini Goodrich & Rosati.

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