{"id":395941,"date":"2020-12-08T17:43:07","date_gmt":"2020-12-08T22:43:07","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=395941"},"modified":"2020-12-08T17:43:07","modified_gmt":"2020-12-08T22:43:07","slug":"seer-announces-closing-of-initial-public-offering-and-full-exercise-of-underwriters-option-to-purchase-additional-shares","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/seer-announces-closing-of-initial-public-offering-and-full-exercise-of-underwriters-option-to-purchase-additional-shares\/","title":{"rendered":"Seer Announces Closing of Initial Public Offering and Full Exercise of Underwriters\u2019 Option to Purchase Additional Shares"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">REDWOOD CITY, Calif., Dec.  08, 2020  (GLOBE NEWSWIRE) &#8212; Seer, Inc., a life sciences company focused on enabling exceptional scientific outcomes through the power of unbiased, deep, rapid and scalable proteomics information, today announced the closing of its initial public offering of 10,592,106 shares of Class A common stock, including the exercise in full by the underwriters of their option to purchase up to an additional 1,381,579 shares of Class A common stock, at a public offering price of $19.00 per share. The gross proceeds from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by Seer, were approximately $201.3 million. Seer\u2019s Class A common stock began trading on the Nasdaq Global Select Market on December 4, 2020, under the ticker symbol \u201cSEER.\u201d All of the shares of Class A common stock were offered by Seer.<\/p>\n<p align=\"justify\">J.P. Morgan, Morgan Stanley, BofA Securities and Cowen acted as lead book-running managers for the offering.<\/p>\n<p align=\"justify\">Registration statements relating to the shares being sold in this offering were declared effective by the Securities and Exchange Commission on December 3, 2020. The offering was made only by means of a prospectus, copies of which may be obtained from: J.P. Morgan Securities LLC, c\/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, via telephone: +1 (866) 803-9204, or by emailing <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=hu1sxyoSKI5s46pJ7p33Dg5PArnVYqjmqL08ao67x7JyOybR4qLpkkyxeGSNjedbN-KJkUus8SEXkOsrOtvICg3CqZBetrTDOXplL7giCqNSbcJB1O7gQbo_Imbvuc9J\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">prospectus-eq_fi@jpmchase.com<\/a>; Morgan Stanley &amp; Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014; BofA Securities, NC1-004-03-43, 200 North College Street, 3rd Floor, Charlotte, NC 28255-0001, Attention: Prospectus Department, or by email at\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=sHNYDxP4q2gUC9jY4cVkEluEWiK5_k_b-PO9lEO_86Ll1MNHx0wB63Ri-5jOx-_swboqHOmqfMEkuZx2fOOddIWTQ1Ca8RUkdiuQwsw7EKsvbxSwkV-0I5b1GsQMasRB\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">dg.prospectus_requests@bofa.com<\/a>; and Cowen and Company, LLC, c\/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, via telephone: +1 (833) 297-2926, or by emailing <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=T_wGP7EjJ_hCWONTAlhGYbjMUCm8nHfmtKXHQv5FIbLyBdqJyIal_Q4dHNbtVbSMlPdW6b0WD5NARDPrqRySDpf9oWJuU9KIhY-HX1zFC4XLOmDY5NB6d6becGDHHT-NUFap45gpTb-YDu0A1PMxig==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">PostSaleManualRequests@broadridge.com<\/a>. Copies of the final prospectus related to the offering are available at www.sec.gov.<\/p>\n<p align=\"justify\">This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.<\/p>\n<p>\n        <strong>About Seer <\/strong><br \/>\n        <br \/>Seer is a life sciences company focused on enabling exceptional scientific outcomes by commercializing transformative products that will drive breakthrough ideas by unlocking the deep, unbiased biological information that can make them a reality. Seer is developing its Proteograph\u2122, which is an integrated solution consisting of consumables, automation instrumentation and proprietary software that performs deep, unbiased proteomics analysis at scale in a matter of hours. Seer designed the Proteograph to be efficient and easy-to-use, leveraging widely adopted laboratory instrumentation to provide a decentralized solution broadly available to life sciences researchers.<\/p>\n<p>\n        <strong>Investor Contact<\/strong><br \/>\n        <br \/>Carrie Mendivil<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=bb0WeQBxVtU5FyhutBW7RWTqgQUqFOThbxnt1qGfTDd6GBMkWqqC1xwfBgArLnuMDKo-uHt0TngSeyHRXjZXSA==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">investor@seer.bio<\/a><\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5OTAxNCMzODYyNDM2IzIxOTc0ODQ=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/b4dba1df-8011-43c8-bc1d-3b6ab907f619\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>REDWOOD CITY, Calif., Dec. 08, 2020 (GLOBE NEWSWIRE) &#8212; Seer, Inc., a life sciences company focused on enabling exceptional scientific outcomes through the power of unbiased, deep, rapid and scalable proteomics information, today announced the closing of its initial public offering of 10,592,106 shares of Class A common stock, including the exercise in full by the underwriters of their option to purchase up to an additional 1,381,579 shares of Class A common stock, at a public offering price of $19.00 per share. The gross proceeds from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by Seer, were approximately $201.3 million. Seer\u2019s Class A common stock began trading on the Nasdaq Global Select Market on December &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/seer-announces-closing-of-initial-public-offering-and-full-exercise-of-underwriters-option-to-purchase-additional-shares\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Seer Announces Closing of Initial Public Offering and Full Exercise of Underwriters\u2019 Option to Purchase Additional Shares&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-395941","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Seer Announces Closing of Initial Public Offering and Full Exercise of Underwriters\u2019 Option to Purchase Additional Shares - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/seer-announces-closing-of-initial-public-offering-and-full-exercise-of-underwriters-option-to-purchase-additional-shares\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Seer Announces Closing of Initial Public Offering and Full Exercise of Underwriters\u2019 Option to Purchase Additional Shares - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"REDWOOD CITY, Calif., Dec. 08, 2020 (GLOBE NEWSWIRE) &#8212; Seer, Inc., a life sciences company focused on enabling exceptional scientific outcomes through the power of unbiased, deep, rapid and scalable proteomics information, today announced the closing of its initial public offering of 10,592,106 shares of Class A common stock, including the exercise in full by the underwriters of their option to purchase up to an additional 1,381,579 shares of Class A common stock, at a public offering price of $19.00 per share. The gross proceeds from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by Seer, were approximately $201.3 million. Seer\u2019s Class A common stock began trading on the Nasdaq Global Select Market on December &hellip; Continue reading &quot;Seer Announces Closing of Initial Public Offering and Full Exercise of Underwriters\u2019 Option to Purchase Additional Shares&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/seer-announces-closing-of-initial-public-offering-and-full-exercise-of-underwriters-option-to-purchase-additional-shares\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-08T22:43:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5OTAxNCMzODYyNDM2IzIxOTc0ODQ=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/seer-announces-closing-of-initial-public-offering-and-full-exercise-of-underwriters-option-to-purchase-additional-shares\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/seer-announces-closing-of-initial-public-offering-and-full-exercise-of-underwriters-option-to-purchase-additional-shares\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Seer Announces Closing of Initial Public Offering and Full Exercise of Underwriters\u2019 Option to Purchase Additional Shares\",\"datePublished\":\"2020-12-08T22:43:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/seer-announces-closing-of-initial-public-offering-and-full-exercise-of-underwriters-option-to-purchase-additional-shares\\\/\"},\"wordCount\":472,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/seer-announces-closing-of-initial-public-offering-and-full-exercise-of-underwriters-option-to-purchase-additional-shares\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODA5OTAxNCMzODYyNDM2IzIxOTc0ODQ=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/seer-announces-closing-of-initial-public-offering-and-full-exercise-of-underwriters-option-to-purchase-additional-shares\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/seer-announces-closing-of-initial-public-offering-and-full-exercise-of-underwriters-option-to-purchase-additional-shares\\\/\",\"name\":\"Seer Announces Closing of Initial Public Offering and Full Exercise of Underwriters\u2019 Option to Purchase Additional Shares - 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