Edward Smolyansky and Ludmila Smolyansky File Definitive Consent Statement to Replace Entire Board of Lifeway Foods (NASDAQ: LWAY)

CHICAGO, July 2, 2025 /PRNewswire/ -- Edward and Ludmila Smolyansky, long-term shareholders of Lifeway Foods, Inc. (NASDAQ: LWAY) who together exercise voting control with respect to approximately 23.2% of the outstanding shares of Lifeway Foods, today announced the filing of a definitive consent statement with the U.S. Securities and Exchange Commission (SEC). The filing initiates a process to remove Lifeway's current board of directors and elect a new slate of nominees who will be focused on restoring accountability, transparency and long-term shareholder value.

Read more at prnewswire.com