Seer Board of Directors Issues Letter to Shareholders Highlighting the Company’s Significant Scientific Progress and Addressing Radoff and Torok’s Short-Sighted Campaign
Seer’s Board issued a letter to shareholders urging support for its seven director nominees at the July 28 Annual Meeting, framing the vote as a choice between long-term scientific execution and a short-term activist campaign by Bradley Radoff and Michael Torok. The Board highlighted operational momentum, citing a 67% expansion in installed base, 69% growth in consumable kit volumes, and a 19.3% year-over-year decline in operating expenses in 2025.
Key figures
- Issued patents
- 80+
- Patent applications
- 250+
- Avg repurchase price
- 1.86
- Total repurchase value
- 24500000
- Consumable kit growth yoy
- 69%
- Installed base growth yoy
- 67%
- New buyback authorization
- 25000000
- Peer reviewed publications
- 84
- Q1 2025 operating expenses
- 22800000
- Q1 2026 operating expenses
- 18200000
- Net diluted shares reduction
- ~15%
- Shares repurchased since 2024
- 13200000
- Operating expenses 2024 decline
- 4.3%
- Operating expenses 2025 decline
- 19.3%
AI analysis
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