The Radoff-JEC Group Releases Presentation Highlighting Why Seer, Inc. Stockholders Should Vote for Boardroom Change

The Radoff-JEC Group, owning approximately 7.7% of Seer, issued a presentation urging shareholders to vote out the current Board of Directors at the July 28 annual meeting, citing a 97% decline in share price and over $310 million in cash burn since the IPO. The activists accuse Chair and CEO Omid Farokhzad of selling over $103 million in shares while the company's market cap fell to $92.4 million and criticize the board for adopting a poison pill to entrench management. Radoff-JEC nominated Howard H. Berman, Joshua S.

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