Seer received a non-binding proposal from its CEO to acquire all outstanding Class A shares at $2.45 per share.
Seer (SEER) shares climbed 26% in premarket trading after the company disclosed an unsolicited, non-binding buyout proposal from CEO Omid Farokhzad. The offer values each Class A share at $2.45, though terms remain subject to negotiation and board review.
The proposal follows a period of volatility for Seer’s stock, which has traded below the offered price in recent months. No prior buyout discussions were publicly disclosed, and the board has not yet responded to the proposal.
Premarket activity suggests investor optimism about the potential deal, though no formal agreement has been reached.