SCHEDULE 13G/A: Radoff Family Foundation and Bradley L. Radoff Disclose Significant Stake in Seer, Inc.

The Radoff Family Foundation and Bradley L. Radoff have filed an amended Schedule 13G, revealing a combined beneficial ownership of 7.6% of Seer, Inc.'s Class A Common Stock as of March 31, 2025.

Summary

• The Radoff Family Foundation and Bradley L. Radoff have filed an Amendment No. 1 to Schedule 13G regarding their beneficial ownership in Seer, Inc.
• As of March 31, 2025, Bradley L. Radoff beneficially owned an aggregate of 4,255,000 shares of Seer, Inc.'s Class A Common Stock, representing 7.6% of the outstanding shares.
• This ownership includes 3,585,000 shares directly owned by Mr. Radoff, 640,000 shares owned by The Radoff Family Foundation (of which Mr. Radoff is a director), and 30,000 shares held in a Charitable Account (of which Mr. Radoff is an advisor).
• The Radoff Family Foundation alone beneficially owned 640,000 shares, representing 1.1% of the outstanding shares.
• The percentages are based on 55,737,066 shares outstanding as of February 26, 2025, as disclosed in Seer, Inc.'s Annual Report on Form 10-K filed on March 3, 2025.
• The reporting persons certify that the securities were not acquired and are not held for the purpose of changing or influencing the control of the issuer, other than activities solely in connection with a nomination under Rule 14a-11.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership and does not inherently convey positive or negative sentiment regarding the company's performance or outlook. It is a neutral regulatory filing.

Risks

• The filing explicitly states that the securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer, other than activities solely in connection with a nomination under Rule 14a-11. This indicates a potential for future engagement regarding board nominations, which could introduce governance-related risks or opportunities depending on the nature of such nominations.

Future Outlook

This document is a beneficial ownership report and does not contain forward-looking statements or guidance from the issuer or the reporting persons regarding the issuer's future performance or strategic direction.

Industry Context

This filing is a standard disclosure required when an entity or individual acquires beneficial ownership of more than 5% of a company's voting class of securities. It provides transparency regarding significant shareholder positions, which is a common occurrence across various industries as investors build or adjust their stakes in publicly traded companies.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant ownership stake by the Radoff Family Foundation and Bradley L. Radoff, which can influence market perception and potentially signal investor confidence or an activist interest (though the filing disclaims control intent, it mentions nominations).
• Management: Awareness of a significant shareholder, potentially leading to future engagement, especially given the mention of activities solely in connection with a nomination under Rule 14a-11.

Key Dates

Keywords

Seer Inc., Class A Common Stock, Schedule 13G, Beneficial Ownership, Radoff Family Foundation, Bradley L. Radoff, SEC Filing, Shareholder, Equity Stake, Corporate Governance