Added to YB: 2026-06-03
Pitch date: 2026-06-01
SEER [neutral]
Seer, Inc.
Author Info
Spread Hunters is an investor community focused on hunting spreads: opportunities where there is a mismatch between market price and the value we see in special situations, merger arbitrage, odd‑lots and other corporate events. Sign up for the newsletter.
Company Info
Seer, Inc., a life sciences company, develops and commercializes products to decode the biology of the proteome to improve human health in the United States, China, Australia, Europe, Israel, Japan, and South Africa.
Market Cap
$106.1M
Pitch Price
$1.87
Price Target
N/A
Dividend
N/A
EV/EBITDA
0.77
P/E
-1.47
EV/Sales
-3.39
Sector
Life Sciences Tools and Services
Category
special_situation
Monthly SpreadHunters Monitoring - SEER Inc. (NASDAQ: SEER) - Arbitrage
SEER (update): Net-net arb at ~$1.70 vs $4.28/share cash; $220M+ cash, no debt vs lower mkt cap. Activist Radoff-JEC (7.6%) raised buyout offer to $2.40/share + CVR (39% premium), board rejected as undervaluing, hired Perella Weinberg. Burns ~$45M/yr; Q1'26 rev -33% YoY, FCF -$15.7M. High-risk/reward special situation.
Read full article (2 min)