---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-092296"
form_type: "8-K"
ticker: "ZDGE"
cik: "0001667313"
company_name: "Zedge, Inc."
filed_at: "2023-12-04T23:59:59+00:00"
generated_at: "2026-06-07T18:46:31.547012+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Zedge pays off $2M term loan early; net cash $16.7M after payoff

## Summary
- Early payoff of $2M principal on bank term loan on November 15, 2023.
- Net cash and equivalents were approximately $16.7M ($1.18/share) after payoff.
- Cash increased from $16.1M as of July 31, 2023, despite debt repayment.
- CEO cites solid Q4 earnings, cash flow, and termination of Gurushots earnout as factors.
- Company plans to provide full update with Q1 earnings report on December 13, 2023.

## SEC filing metadata
- accession: 0001213900-23-092296
- form_type: 8-K
- ticker: ZDGE
- cik: 0001667313
- company_name: Zedge, Inc.
- filed_at: 2023-12-04T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1667313/000121390023092296/0001213900-23-092296-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1667313/000121390023092296/ea189458-8k_zedgeinc.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-092296
- JSON: https://secwatch.observer/filing/0001213900-23-092296.json
- Plain text: https://secwatch.observer/filing/0001213900-23-092296.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.