Lifeway Foods Redeems Preferred Share Purchase Rights, Ends Rights Plan

What Happened Lifeway Foods, Inc. (LWAY) announced that on June 5, 2026 its Board of Directors authorized redemption of the preferred share purchase rights issued under the Shareholder Rights Agreement (dated November 4, 2024, amended October 29, 2025). The redemption is effective June 5, 2026; the rights agent is Computershare Trust Company, N.A. Upon redemption the Rights will terminate and holders will only be entitled to receive $0.001 per Right.

Key Details

• Board action effective date: June 5, 2026.
• Redemption price: $0.001 per preferred share purchase Right.
• Rights Agreement original date: November 4, 2024; amended October 29, 2025.
• Rights agent: Computershare Trust Company, N.A.; upon redemption the Rights Agreement will terminate and be of no further force or effect.

Why It Matters This filing removes the outstanding shareholder rights (sometimes called a "rights plan" or "poison pill") from Lifeway's capital structure and limits holders’ recovery to the nominal redemption payment of $0.001 per Right. Investors should note the company has formally ended that protective arrangement and may monitor future filings for any replacement measures or related corporate actions.