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The Radoff-JEC Group Highlights Seer Inc.’s and Chairman and CEO Omid Farokhzad, M.D.’s History of Value Destruction

Business

The Radoff-JEC Group Highlights Seer Inc.’s and Chairman and CEO Omid Farokhzad, M.D.’s History of Value Destruction
Business

Business

The Radoff-JEC Group Highlights Seer Inc.’s and Chairman and CEO Omid Farokhzad, M.D.’s History of Value Destruction

2026-06-15 20:00 Last Updated At:20:11

HOUSTON--(BUSINESS WIRE)--Jun 15, 2026--

Bradley L. Radoff and Michael Torok (together with certain of their affiliates, the “Radoff-JEC Group” or “we”), who collectively own approximately 7.7% of the outstanding shares of Seer, Inc. (NASDAQ: SEER) (“Seer” or the “Company”), today issued the following statement:

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260615188856/en/

“When Seer filed its proxy statement, the Board issued a 4,000-word letter to stockholders that we believe was a collection of inaccurate and misleading statements. In fact, the letter ended with the claim that Seer has the right Board and the right strategy.

Seer’s share price is down 97% since its IPO in December of 2020. 1 If Seer had the right Board and the right strategy, would the share price be down 97% over the past five and a half years?

We believe change at Seer is urgently needed. The 97% share price decline supports that conclusion. And the fact that Seer Chair and CEO Omid Farokhzad, M.D. has consistently destroyed stockholder value across numerous companies adds to our view that change is urgently needed.”

The Radoff-JEC Group is seeking stockholder support to elect three new independent, qualified directors – Howard H. Berman, Ph.D., Joshua S. Horowitz and Luis E. Rinaldini – to SEER’s Board at the Annual Meeting of Stockholders on July 28, 2026.

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Vote FOR the Radoff-JEC Group’s Nominees TODAY to Prevent Further Value Destruction

Do NOT Vote for Omid Farokhzad, M.D., Terrance McGuire or Dipchand (Deep) Nishar.

Questions about how to vote? Contact (888) 368-0379 or info@saratogaproxy.com.

Visit www.SaratogaProxy.com/SEER to learn more.

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Source: FactSet; total stockholder return graph from December 4, 2020 through April 10, 2026, the trading day immediately prior to the Radoff-JEC Group’s submission of its initial non-binding proposal to acquire the Company.

Source: FactSet; total stockholder return graph from December 4, 2020 through April 10, 2026, the trading day immediately prior to the Radoff-JEC Group’s submission of its initial non-binding proposal to acquire the Company.

KINSHASA, Congo (AP) — Congolese authorities have reported one of the highest daily increases in Ebola cases as the virus spreads quickly and surveillance efforts improve in the month-old outbreak in one of the world's most challenging regions.

Congo's Ministry of Health on Sunday said 72 new cases were reported in a 24-hour period, bringing the total number of confirmed cases to 782. Those include 181 confirmed deaths after 29 new deaths were confirmed.

The ministry said that while the numbers show the outbreak is spreading rapidly, it also reflects more active surveillance. "Community members are reporting suspected cases, and response teams are investigating them,” it said on X.

The number of cases in what could become history's worst Ebola outbreak is believed to be higher because the outbreak was confirmed on May 15, weeks after it is suspected to have begun.

The outbreak is caused by the rare Bundibugyo virus, which was not tested for in the early days. The more common Zaire virus, which now has a vaccine, was responsible for most of Congo’s past 16 outbreaks of the disease.

Congo said the contact tracing coverage rate is 56%, a sharp decrease from last week, as authorities hurry to find people who may have been exposed. There was no immediate explanation for the drop.

The ministry also said 40 people have recovered since the start of the outbreak, and the current fatality rate of the outbreak is 23%.

Life goes on, including nightlife, as the population adjusts.

The World Health Organization said Sunday it is intensifying testing and contact tracing and treatment. Tons of supplies from the WHO have arrived in Congo.

And Africa's top health body said it is deploying technical expertise and supporting laboratory systems, case finding and community engagement efforts to accelerate the response.

“We remain committed to supporting affected countries until transmission is stopped. We call on partners and donors to urgently mobilize resources to strengthen the response and save lives,” said the head of the Africa Centers for Disease Control and Prevention, Jean Kaseya.

The outbreak is concentrated in Congo’s eastern province of Ituri, which accounts for more than 90% of the cases. Cases have also been recorded in the North Kivu and South Kivu provinces and have spread across the border to Uganda.

Nearly a million people have been displaced by years of conflict in Ituri, according to the U.N. humanitarian office, making contact tracing difficult as people flee attacks or move frequently in the vast province with dense forests, poor roads and remote villages that can take days to reach.

Tracing is also difficult among the thousands of miners who regularly move among remote sites in the mineral-rich region.

Banchereau reported from Dakar, Senegal.

Health workers prepare the coffin of Angèle Muyumba Nsimire, a university student who died of Ebola at the Citadelle Clinic in Bunia, Congo, Friday, June 12, 2026. (AP Photo/Moses Sawasawa)

Health workers prepare the coffin of Angèle Muyumba Nsimire, a university student who died of Ebola at the Citadelle Clinic in Bunia, Congo, Friday, June 12, 2026. (AP Photo/Moses Sawasawa)

Dr Sila Jakwong'a, Medical Director of the Citadelle Clinic, stands at the entrance to his office in Bunia, Congo, Friday, June 12, 2026. (AP Photo/Moses Sawasawa)

Dr Sila Jakwong'a, Medical Director of the Citadelle Clinic, stands at the entrance to his office in Bunia, Congo, Friday, June 12, 2026. (AP Photo/Moses Sawasawa)

Dr Jean Marc Shimbi, Medical Director of the Marie Claire Vandekerckhove Clinic, poses for a photo in Bunia, Congo, Friday, June 12, 2026. (AP Photo/Moses Sawasawa)

Dr Jean Marc Shimbi, Medical Director of the Marie Claire Vandekerckhove Clinic, poses for a photo in Bunia, Congo, Friday, June 12, 2026. (AP Photo/Moses Sawasawa)

Health workers disinfect themselves after preparing the body of an Ebola victim at Citadelle Clinic in Bunia, Congo, Friday, June 12, 2026. (AP Photo/Moses Sawasawa)

Health workers disinfect themselves after preparing the body of an Ebola victim at Citadelle Clinic in Bunia, Congo, Friday, June 12, 2026. (AP Photo/Moses Sawasawa)

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