Radoff-JEC Group Calls on Seer, Inc.'s Board of Directors to Publicly Acknowledge That the Company Needs to Be Taken Private and Disclose Timeline for Evaluating Latest Acquisition Offers
Bradley L. Radoff and Michael Torok, who own approximately 7.7% of Seer, Inc.'s outstanding shares, issued an open letter to the company's Board of Directors calling on it to publicly acknowledge that Seer needs to be taken private and to disclose a timeline for evaluating the latest acquisition offers.
Why it matters — This signals shareholder pressure on Seer's board over a possible privatization, which could affect the company's strategic direction and valuation.