Seer Announces Receipt of Unsolicited Acquisition Proposal from Omid Farokhzad, M.D.
Seer announced it received an unsolicited, non-binding proposal from its own CEO and Chairman, Omid Farokhzad, to acquire all outstanding Class A shares for $2.45 per share in cash plus contingent value rights. The Board will form a Special Committee of independent directors to evaluate the proposal and other alternatives, retaining Perella Weinberg Partners as financial advisor and Wilson Sonsini as legal counsel.
Key figures
- Deal Value Usd
- 0
- Offering Price
- 2.45
- Proposal type
- unsolicited, non-binding
- Consideration structure
- cash plus two separate contingent value rights
AI analysis
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