SARASOTA, Fla., Nov. 5, 2026 /PRNewswire/ -- Lakewood-Amedex Biotherapeutics Inc. (NASDAQ: LABT) (the "Company"), a clinical-stage biotechnology company advancing a novel class of potent, fast-acting, broad-spectrum antimicrobials for infectious diseases called the Bisphosphocin^® class, today announced that it has completed the redemption of all remaining outstanding shares of its Series C Convertible Preferred Stock (the "Series C Preferred Stock") pursuant to a redemption agreement, dated November 2, 2026, with Shakawe Capital LLC. Under the agreement, the Company redeemed 127,097 shares of Series C Preferred Stock for an aggregate cash redemption price of $1,270,970, which was funded from cash on hand.