Enters $7.675M private placement of stock and warrants with insiders

What did Zedge, Inc. announce?

Zedge, Inc. entered into a securities purchase agreement for $7,675,000 with insiders, including its Vice Chairman and a Director, for Class B common stock and warrants.

Key details

• The company sold 2,616,447 shares of Class B common stock and warrants to purchase 2,354,803 shares.
• The aggregate proceeds from the private placement are $7,675,000.
• Purchasers include Howard Jonas, Vice Chairman, investing $6,500,000, and Elliot Gibber, a Director, investing $650,000.
• Warrants have an exercise price of $3.22 or $3.28 per share and expire on the fifth anniversary, subject to stockholder approval.

Why it matters

This 8-K reports an equity offering at Zedge, Inc.. The likely share-price reaction reads as neutral.

More from Zedge, Inc.

• 4

  Sep 15, 2026
  Director Elliot Gibber buys 221,843 shares, plus warrants
• 13D/A

  Sep 10, 2026
  Executive Chairman Michael Jonas's beneficial ownership is 15.9%
• 8-K

  Aug 31, 2026
  Appoints Morris Berger as CEO; Jonathan Reich becomes President and COO

All Zedge, Inc. SEC filings →