Lifeway Foods, Inc. 10-Q

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS. Issuer Purchases of Equity Securities Period Total number of shares purchased Average price paid per share Total number of shares purchased as part of a publicly announced program (a) Approximate Dollar Value of Shares that may yet be Purchased Under the Plans or Programs ($ in thousands) (a) 4/1/2026 to 4/30/2026 – $ – – $ – 5/1/2026 to 5/31/2026 253,156 $ 19.50 – $ – 6/1/2026 to 6/30/2026 – $ – – $ – Fiscal Year 2026 253,153 $ 19.50 – $ – (a) On May 14, 2026, the Company entered into an underwriting agreement (the “Underwriting Agreement”) with BTIG, LLC (the “Underwriter”) and Danone USA Public Benefit Corporation (the “Selling Stockholder”) in connection with a public offering of an aggregate of 3,454,756 shares (the “Shares”) of the Company’s common stock, no par value, by the Selling Stockholder at a price to the public of $19.50 per share (the “Offering”). The Offering was completed on May 19, 2026. The Company repurchased 253,153 Shares in the Offering at the same per share price to be paid by investors in the Offering. ITEM 3. DEFAULTS UPON SENIOR SECURITIES. None.