Radoff-JEC Urges Seer Board Member to Resign Following Buyout Rejections

Dow Jones09-04 20:45

Activist investor Radoff-JEC wrote a letter to Seer urging Meeta Gulyani to resign from her role on the board.

The shareholder, which owns about 7.7% of Seer's stock, argued that Gulyani is unqualified and lacks prior experience on the board of a public company.

The letter comes as the life sciences company is considering competing buyout offers from its own chief executive and from Radoff-JEC. Both prospective buyers have recently upped their bids.

Gulyani is part of a two-member independent committee to consider acquisition proposals.

In August, members of Radoff-JEC met with Seer board directors, including Gulyani. The shareholder said in an earlier letter that it came away from the meeting feeling like Seer's special acquisition committee was "simply formed to reject bids."

Gulyani didn't speak during the meeting, Radoff-JEC said in its August letter.

"In our view, this is not the behavior of someone interested in evaluating a potential transaction," it said.

Radoff-JEC has submitted four acquisition proposals so far. Its most recent offer was $2.55 a share in cash, plus a contingent value right.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2664533494?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-09-04 20:45","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2664533494","market":"fut","top_or_hot":-1,"title":"Radoff-JEC Urges Seer Board Member to Resign Following Buyout Rejections","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Activist investor Radoff-JEC wrote a letter to Seer urging Meeta Gulyani to resign from her role on the board. \n</p>\n<p>\n  The shareholder, which owns about 7.7% of Seer's stock, argued that Gulyani is unqualified and lacks prior experience on the board of a public company. \n</p>\n<p>\n  The letter comes as the life sciences company is considering competing buyout offers from its own chief executive and from Radoff-JEC. Both prospective buyers have recently upped their bids. \n</p>\n<p>\n  Gulyani is part of a two-member independent committee to consider acquisition proposals. \n</p>\n<p>\n  In August, members of Radoff-JEC met with Seer board directors, including Gulyani. The shareholder said in an earlier letter that it came away from the meeting feeling like Seer's special acquisition committee was \"simply formed to reject bids.\" \n</p>\n<p>\n  Gulyani didn't speak during the meeting, Radoff-JEC said in its August letter. \n</p>\n<p>\n  \"In our view, this is not the behavior of someone interested in evaluating a potential transaction,\" it said. \n</p>\n<p>\n  Radoff-JEC has submitted four acquisition proposals so far. Its most recent offer was $2.55 a share in cash, plus a contingent value right. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<pre style=\"white-space: pre\">\n \n</pre>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Radoff-JEC Urges Seer Board Member to Resign Following Buyout Rejections</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRadoff-JEC Urges Seer Board Member to Resign Following Buyout Rejections\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-09-04 20:45</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Activist investor Radoff-JEC wrote a letter to Seer urging Meeta Gulyani to resign from her role on the board. \n</p>\n<p>\n  The shareholder, which owns about 7.7% of Seer's stock, argued that Gulyani is unqualified and lacks prior experience on the board of a public company. \n</p>\n<p>\n  The letter comes as the life sciences company is considering competing buyout offers from its own chief executive and from Radoff-JEC. Both prospective buyers have recently upped their bids. \n</p>\n<p>\n  Gulyani is part of a two-member independent committee to consider acquisition proposals. \n</p>\n<p>\n  In August, members of Radoff-JEC met with Seer board directors, including Gulyani. The shareholder said in an earlier letter that it came away from the meeting feeling like Seer's special acquisition committee was \"simply formed to reject bids.\" \n</p>\n<p>\n  Gulyani didn't speak during the meeting, Radoff-JEC said in its August letter. \n</p>\n<p>\n  \"In our view, this is not the behavior of someone interested in evaluating a potential transaction,\" it said. \n</p>\n<p>\n  Radoff-JEC has submitted four acquisition proposals so far. Its most recent offer was $2.55 a share in cash, plus a contingent value right. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<pre style=\"white-space: pre\">\n \n</pre>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SEER","symbol_name":"Seer, Inc.","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2664533494","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2664533494","pubTimestamp":1788525900,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Activist investor Radoff-JEC wrote a letter to Seer urging Meeta Gulyani to resign from her role on the board.The shareholder, which owns about 7.7% of Seer's stock, argued that Gulyani is unqualified and lacks prior experience on the board of a public company.The letter comes as the life sciences company is considering competing buyout offers from its own chief executive and from Radoff-JEC. Both prospective buyers have recently upped their bids.Gulyani is part of a two-member independent committee to consider acquisition proposals.In August, members of Radoff-JEC met with Seer board directors, including Gulyani. The shareholder said in an earlier letter that it came away from the meeting feeling like Seer's special acquisition committee was \"simply formed to reject bids.\"Gulyani didn't speak during the meeting, Radoff-JEC said in its August letter.\"In our view, this is not the behavior of someone interested in evaluating a potential transaction,\" it said.Radoff-JEC has submitted four","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SEER":"Seer, Inc.","BK4121":"生命科学工具和服务"},"translate_title":"Radoff-JEC 敦促 Seer 董事会成员在收购被拒绝后辞职","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SEER":1.5},"content_text":"Activist investor Radoff-JEC wrote a letter to Seer urging Meeta Gulyani to resign from her role on the board. \n\n\n  The shareholder, which owns about 7.7% of Seer's stock, argued that Gulyani is unqualified and lacks prior experience on the board of a public company. \n\n\n  The letter comes as the life sciences company is considering competing buyout offers from its own chief executive and from Radoff-JEC. Both prospective buyers have recently upped their bids. \n\n\n  Gulyani is part of a two-member independent committee to consider acquisition proposals. \n\n\n  In August, members of Radoff-JEC met with Seer board directors, including Gulyani. The shareholder said in an earlier letter that it came away from the meeting feeling like Seer's special acquisition committee was \"simply formed to reject bids.\" \n\n\n  Gulyani didn't speak during the meeting, Radoff-JEC said in its August letter. \n\n\n  \"In our view, this is not the behavior of someone interested in evaluating a potential transaction,\" it said. \n\n\n  Radoff-JEC has submitted four acquisition proposals so far. Its most recent offer was $2.55 a share in cash, plus a contingent value right.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"executive","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.49.0","shortVersion":"4.49.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2664533494","isCrawlerRequest":true}