secwatch.observer — SEC 8-K summary
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Issuer:     Zedge, Inc. (ZDGE)
CIK:        0001667313
Form:       8-K
Filed at:   2026-08-31T10:31:33+00:00
Accession:  0001213900-26-095319
Event type: other_material
Sentiment:  positive
Materiality: 0.85
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zedge names Morris Berger CEO, raises $7.5M from insiders for DataSeeds.AI
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- Morris Berger (ex-CEO of Zeno Media, IDT Entertainment) becomes Zedge CEO Oct 1, 2026; Jonathan Reich moves to President/COO.
- Insider investment of ~$7.5M led by Vice Chairman Howard Jonas; 90% warrant coverage, 5-yr term, exercise price 110% of purchase price.
- DataSeeds.AI expands: first six-figure order fulfilled in FY2026, first model-evaluation deal signed; targeting AI data market growing to $16.3B by 2033.
- Q3 FY2026 free cash flow $1.2M (+55% YoY), cash $19.7M, no debt; dividend continues, share repurchase suspended.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1667313/000121390026095319/0001213900-26-095319-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1667313/000121390026095319/ea0303979-8k_zedge.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-095319

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer