{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-012957","form_type":"8-K/A","ticker":"ZDGE","cik":"0001667313","company_name":"Zedge, Inc.","filed_at":"2025-02-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.374678+00:00","generated_at":"2026-05-26T22:54:47.091241+00:00","sec_items":["2.05","7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Zedge targets $3.9-$4.1M annual cost savings; closes Norway ops, 22% workforce cut","bullets":["Annualized savings of $3.9-$4.1M vs Q1 FY25 run rate; includes $2.6M pre-tax compensation savings.","Closure of Norwegian subsidiary; consolidation of activities in Lithuania and Israel.","Workforce reduced by 22%; approximately $2.6M in annualized compensation savings.","Additional $1.2M annual savings from planned April 2025 end of GuruShots retention bonuses.","Restructuring charges expected in Q2 and Q3 fiscal 2025 (periods ending Jan 31 and Apr 30, 2025)."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-012957","json":"https://secwatch.observer/filing/0001213900-25-012957.json","markdown":"https://secwatch.observer/filing/0001213900-25-012957.md","text":"https://secwatch.observer/filing/0001213900-25-012957.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1667313/000121390025012957/0001213900-25-012957-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1667313/000121390025012957/ea0230899-8ka1_zedge.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T22:54:47.091241+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":"5d73a28aa9b8ef20b043a8d7c42843f287ff682b","claim":"Zedge, Inc. announced a restructuring affecting Norwegian operations and GuruShots team (22% workforce reduction).","evidence_excerpt":"On February 5, 2025, the Company announced additional restructuring initiatives, notably the closure of its Norwegian operations.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1667313/000121390025012957/0001213900-25-012957-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Affected area","value":"Norwegian operations and GuruShots team"},{"label":"Headcount","value":"22% workforce reduction"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}