Smolyanskys Update on Lifeway Foods Consent Solicitation, Address Shareholder Engagement
Chicago, IL – July 11, 2025 – Edward and Ludmila Smolyansky, significant shareholders in Lifeway Foods, Inc. (NASDAQ: LWAY), have issued a statement providing a comprehensive update on the definitive consent solicitation process they are currently undertaking. The statement also serves as a direct response to recent communications from Lifeway Foods, Inc.
The Smolyanskys’ definitive consent solicitation is a critical step in their ongoing efforts to engage with fellow shareholders and advocate for changes they believe will enhance shareholder value and improve the company’s governance. The process allows shareholders to directly express their consent or dissent on specific proposals without the need for a formal shareholder meeting.
In their recent release, the Smolyanskys emphasized the importance of shareholder participation in this process, highlighting it as a direct avenue for voicing opinions and influencing the future direction of Lifeway Foods. They reiterated their commitment to transparency and open communication with the broader shareholder base throughout this endeavor.
The statement also addressed certain points raised by Lifeway Foods, Inc. The Smolyanskys sought to clarify their perspectives and intentions, aiming to provide a balanced view of the situation and encourage a constructive dialogue among all stakeholders. Their response underscores a dedication to fostering a collaborative environment focused on the best interests of the company and its shareholders.
Further details regarding the consent solicitation process and the Smolyanskys’ specific proposals are expected to be made available to shareholders. The Smolyanskys encourage all shareholders to review the provided materials carefully and participate actively in the consent solicitation to make their voices heard.
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PR Newswire Policy Public Interest published ‘Edward and Ludmila Smolyansky Provide Update on the Definitive Consent Solicitation Process Currently Underway and Respond to Lifeway Foods, Inc. (NASDAQ: LWAY)’ at 2025-07-11 19:50. Please write a detailed article about this news in a polite tone with relevant information. Please reply in English with the article only.