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Lifeway Foods, Inc. (NASDAQ:LWAY), currently trading at $26.58 with a market capitalization of $405 million, announced Thursday that its 2025 annual meeting of shareholders will take place on December 16, 2025. The company, which maintains a "GREAT" financial health rating according to InvestingPro analysis, stated that shareholder proposals or nominations under its Second Amended and Restated By-laws must be submitted by the close of business on October 20, 2025.
The company also noted that any proposals intended for inclusion in its proxy statement, in accordance with Rule 14a-8 under the Securities Exchange Act of 1934, must be received at Lifeway Foods’ principal executive office by the same October 20 deadline and must comply with the requirements set forth in Rule 14a-8.
Lifeway Foods is incorporated in Illinois and its common stock is listed on the Nasdaq Global Market under the symbol LWAY.
This information is based on a press release statement included in a filing with the Securities and Exchange Commission.
In other recent news, Lifeway Foods reported an estimated unaudited net sales increase of 21% to 24% for the third quarter of 2025, with sales expected to be between $55.8 million and $57.0 million. This growth was attributed to strong consumer demand for Lifeway Kefir and Lifeway Farmer Cheese product lines. Additionally, Lifeway Foods has been undergoing significant changes in its board of directors. A cooperation agreement with Danone North America will result in the appointment of four new independent directors by mid-November, and the roles of Chair and CEO will be separated by October 30.
In another development, Jody Levy resigned from Lifeway Foods’ board of directors, with the company clarifying that her departure was not due to disagreements with its operations or policies. Furthermore, Danone has decided to terminate its pursuit to acquire Lifeway Foods, having previously entered into a confidentiality agreement for due diligence. This decision was communicated to Lifeway on September 17, 2025. These recent developments reflect significant changes and strategic decisions within Lifeway Foods.
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