---
schema_version: "secwatch.filing_event.v1"
accession: "0001999371-25-016469"
form_type: "8-K"
ticker: "LWAY"
cik: "0000814586"
company_name: "Lifeway Foods, Inc."
filed_at: "2025-10-30T23:59:59+00:00"
generated_at: "2026-05-17T01:29:48.182403+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Lifeway extends shareholder rights plan to Oct 2026, citing concentrated ownership risk

## Summary
- Board approved Amendment No. 1 extending rights plan expiration to Close of Business October 29, 2026, from November 4, 2025.
- Plan extended due to highly concentrated share ownership and potential for de facto control without paying a premium to other shareholders.
- Company noted potential near-term share availability under existing agreements and registration obligations that could facilitate control accumulation.
- Extension is not in response to any specific takeover proposal; all other terms of the Rights Plan remain unchanged.
- Evercore is financial advisor and Sidley Austin is legal counsel to Lifeway.

## SEC filing metadata
- accession: 0001999371-25-016469
- form_type: 8-K
- ticker: LWAY
- cik: 0000814586
- company_name: Lifeway Foods, Inc.
- filed_at: 2025-10-30T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 3.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/814586/000199937125016469/0001999371-25-016469-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/814586/000199937125016469/lway-8k_102925.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001999371-25-016469
- JSON: https://secwatch.observer/filing/0001999371-25-016469.json
- Plain text: https://secwatch.observer/filing/0001999371-25-016469.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.