Radoff-JEC Group Launches $2.25 Per Share Cash Bid for Seer, Inc.

Apr 13, 2026 18:13 UTC

SEER

Short term

Activist investors Bradley L. Radoff and Michael Torok have submitted a formal offer to acquire Seer, Inc. in an all-cash transaction. The announcement triggered an immediate 10% surge in the company's share price.

Formal all-cash bid of $2.25 per share
Bidder Radoff-JEC Group holds 7.6% stake
SEER shares jumped 10% on news
Bid led by Bradley L. Radoff and Michael Torok

Seer, Inc. (SEER) is the target of a formal acquisition bid from the Radoff-JEC Group, led by activist investors Bradley L. Radoff and Michael Torok. The group has proposed an all-cash purchase of the company at a price of $2.25 per share. The Radoff-JEC Group already maintains a significant footprint within the company, holding a 7.6% equity stake prior to the launch of the formal bid. This move signals a strategic shift from a minority investment to a full takeover attempt. Following the disclosure of the bid, Seer's shares reacted positively, climbing 10% in early trading. The market is currently pricing in the likelihood of the acquisition or the possibility of a competing offer. The all-cash nature of the offer provides immediate liquidity for shareholders. Investors will now look to Seer's board of directors to determine if the $2.25 valuation adequately reflects the company's intrinsic value and long-term potential.