Lifeway Foods, Inc. Form 8-K Filing

Lifeway Foods, Inc. filed a Form 8-K on July 29, 2025, disclosing a press release regarding a consent solicitation statement. The press release, issued on the same day, announced that Institutional Shareholder Services Inc. (ISS) recommended shareholders not to vote on the dissident-led consent solicitation. ISS concluded that the dissident group had not presented a compelling case for change and advised against voting on their proposals. Lifeway Foods' CEO, Julie Smolyansky, expressed appreciation for ISS's review and reiterated the company's focus on maximizing shareholder value. The filing also included details about the company's financial performance and the dissident group's lack of a clear plan for governance or operational improvement.