---
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"
generated_at: "2026-05-26T22:54:47.091241+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Zedge targets $3.9-$4.1M annual cost savings; closes Norway ops, 22% workforce cut

## Summary
- 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).

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.05, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-012957
- JSON: https://secwatch.observer/filing/0001213900-25-012957.json
- Plain text: https://secwatch.observer/filing/0001213900-25-012957.txt

## Key facts
- Restructurings & Charges
  Zedge, Inc. announced a restructuring affecting Norwegian operations and GuruShots team (22% workforce reduction).
  - Type: restructuring
  - Affected area: Norwegian operations and GuruShots team
  - Headcount: 22% workforce reduction
  source text: On February 5, 2025, the Company announced additional restructuring initiatives, notably the closure of its Norwegian operations.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1667313/000121390025012957/0001213900-25-012957-index.htm

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