Lifeway Foods Files 8-K on Definitive Agreement
Ticker: LWAY · Form: 8-K · Filed: Dec 30, 2025 · CIK: 814586
Sentiment: neutral
Topics: material-agreement, financial-obligation
Related Tickers: LWAY
TL;DR
Lifeway Foods (LWAY) signed a new deal, expect financial updates.
AI Summary
Lifeway Foods, Inc. filed an 8-K on December 30, 2025, reporting on events that occurred on December 29, 2025. The filing indicates the entry into a material definitive agreement and the creation of a direct financial obligation. Specific details regarding the agreement and obligation are not provided in this excerpt.
Why It Matters
This filing signals a significant new contract or financial commitment for Lifeway Foods, Inc., which could impact its financial obligations and future operations.
Risk Assessment
Risk Level: medium — The filing indicates a material definitive agreement and financial obligation, which inherently carries some level of risk until more details are disclosed.
Key Players & Entities
- Lifeway Foods, Inc. (company) — Registrant
- December 29, 2025 (date) — Date of earliest event reported
- December 30, 2025 (date) — Date of report
FAQ
What is the nature of the material definitive agreement entered into by Lifeway Foods, Inc.?
The provided excerpt does not specify the nature of the material definitive agreement.
What is the direct financial obligation created by Lifeway Foods, Inc.?
The excerpt mentions the creation of a direct financial obligation but does not provide specific details about its amount or terms.
When did the events reported in this 8-K filing occur?
The earliest event reported occurred on December 29, 2025.
What is the filing date of this 8-K report?
This 8-K report was filed on December 30, 2025.
What is Lifeway Foods, Inc.'s state of incorporation and EIN?
Lifeway Foods, Inc. is incorporated in Illinois and has an EIN of 36-3442829.
Filing Stats: 732 words · 3 min read · ~2 pages · Grade level 11.2 · Accepted 2025-12-30 09:00:09
Key Financial Figures
- $50,000,000 — expansion as approved by Lender, up to $50,000,000 (ii) modification of the Change of Cont
Filing Documents
- lifeway_8k.htm (8-K) — 32KB
- lifeway_ex1001.htm (EX-10.1) — 80KB
- 0001683168-25-009406.txt ( ) — 330KB
- lway-20251229.xsd (EX-101.SCH) — 4KB
- lway-20251229_lab.xml (EX-101.LAB) — 36KB
- lway-20251229_pre.xml (EX-101.PRE) — 25KB
- lway-20251229_def.xml (EX-101.DEF) — 26KB
- lifeway_8k_htm.xml (XML) — 5KB
01
Item 1.01. Entry into a Material Definitive Agreement. On December 29, 2025, Lifeway Foods, Inc. ("Lifeway"), Fresh Made, Inc., a wholly-owned subsidiary of Lifeway ("Fresh Made"), Lifeway Wisconsin, Inc., a wholly-owned subsidiary of Lifeway ("Lifeway Wisconsin" and, together with Lifeway and Fresh Made, the "Borrowers"), and CIBC Bank USA, the Borrowers' current lender (the "Lender") entered into the Sixth Modification to the Amended and Restated Loan and Security Agreement (the "Sixth Modification"). The Sixth Modification amends the Amended and Restated Loan and Security Agreement, dated September 30, 2020, as amended from time to time (the "Credit Agreement") and provides for, among other things, (i) modification of the Fixed Charge Coverage Ratio only for the period from December 31, 2025 through June 30, 2027 to exclude the Waukesha, WI unfinanced capital expenditures attributable to plant optimization and manufacturing capacity expansion as approved by Lender, up to $50,000,000 (ii) modification of the Change of Control definition to reflect that specified changes to the Company's board of directors do not constitute a Change of Control and (iii) extended the termination date of the Credit Agreement (the "Termination Date") to February 5, 2029 (the "Termination Date Extension"). Other than the modification of the Fixed Charge Coverage Ratio and Change of Control definitions, and Termination Date Extension, the material terms and conditions of the Credit Agreement remain substantially unchanged after giving effect to the Sixth Modification. The Borrowers had no outstanding borrowings at the time of entry into the Sixth Modification. The description of the Sixth Modification set forth above is qualified in its entirety by reference to the Sixth Modification filed herewith as Exhibit 10.1 and incorporated by reference herein.
03
Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information set forth in Item 1.01 is incorporated by reference into this Item 2.03.
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits: Exhibit No. Description 10.1 Sixth Modification to Amended and Restated Loan and Security Agreement dated as of December 29, 2025, by and among Lifeway Foods, Inc., Fresh Made, Inc., Lifeway Wisconsin, Inc., and CIBC Bank USA, as Lender. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. LIFEWAY FOODS, INC. Date: December 30, 2025 By: /s/ Eric Hanson Name: Eric Hanson Title: Chief Financial Officer 3