secwatch.observer — SEC 8-K summary
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Issuer:     Zedge, Inc. (ZDGE)
CIK:        0001667313
Form:       8-K
Filed at:   2026-09-10T20:30:14+00:00
Accession:  0001213900-26-098816
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zedge raises $7.675M via private placement of shares and warrants to insiders
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- Sold 2,616,447 Class B shares and warrants for 2,354,803 shares to Howard Jonas, Elliot Gibber, and another stockholder for $7.675M.
- Jonas invests $6.5M for 2,218,430 shares; Gibber $650k for 221,843 shares; other $525k for 176,174 shares.
- Purchase price $2.98 or $2.93 per share; warrants at 110% exercise price, 5-year term, exercisable after 6 months and stockholder approval.
- No placement agent or underwriting discounts; securities unregistered under Rule 506(b).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1667313/000121390026098816/0001213900-26-098816-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1667313/000121390026098816/ea0305098-8k_zedge.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-098816

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