IPM Extends Colocation Agreement to 2032, Reinforcing Strategic Relationship

Seer, Inc. has adopted a tax benefit preservation plan to protect its valuable income tax net operating loss carryforwards and other tax assets, totaling approximately $262 million. The plan aims to prevent the substantial impairment of these assets due to an "ownership change" under Section 382 of the Internal Revenue Code. Shareholders who beneficially own 4.9% or more of Seer's Class A common stock prior to the announcement will not be permitted to acquire additional shares without board approval. The plan will be submitted to shareholders for ratification at Seer's 2026 annual meeting.