{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-004803","form_type":"8-K","ticker":"ZDGE","cik":"0001667313","company_name":"Zedge, Inc.","filed_at":"2025-01-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.375060+00:00","generated_at":"2026-05-27T22:13:44.098478+00:00","sec_items":["2.05","7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Zedge announces restructuring with 14% workforce cut; targets $1.7M annualized savings","bullets":["Reducing global workforce by ~14% (14 employees), primarily in GuruShots unit.","Expects pre-tax annualized cost savings of ~$1.7M from headcount and discretionary spending cuts.","GuruShots player acquisition spend cut for remainder of FY25; team rightsized to approach breakeven while developing GuruShots 2.0.","Most restructuring charges to be reported in Q2 and Q3 of FY25 (ending Jan 31 and Apr 30, 2025)."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-004803","json":"https://secwatch.observer/filing/0001213900-25-004803.json","markdown":"https://secwatch.observer/filing/0001213900-25-004803.md","text":"https://secwatch.observer/filing/0001213900-25-004803.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1667313/000121390025004803/0001213900-25-004803-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1667313/000121390025004803/ea0228156-8k_zedge.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T22:13:44.098478+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"463e0704740b2c73cf66bd48478a9bd2baed768c","claim":"Zedge, Inc. announced a restructuring with charges of not estimable affecting GuruShots (approximately 14 employees, representing approximately 14% of our global workforce).","evidence_excerpt":"On January 21, 2025, Zedge, Inc. (the “Company”) announced a corporate restructuring, which includes a workforce reduction involving approximately 14 employees, representing approximately 14% of our global workforce.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1667313/000121390025004803/0001213900-25-004803-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"not estimable"},{"label":"Affected area","value":"GuruShots"},{"label":"Headcount","value":"approximately 14 employees, representing approximately 14% of our global workforce"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}