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Zedge, Inc.Bullish
Zedge has completed an insider-led capital raise of approximately $7.7 million to accelerate its AI data business, 'DataSeeds.' For the first three quarters of FY2026, the company reported $23.9 million in revenue and a GAAP net loss of $0.6 million, with pro-forma cash totaling $27.4 million. Zedge plans to leverage the cash flow from its existing consumer businesses to invest in AI data services, talent, and infrastructure.…more
Zedge, Inc.
Zedge has entered into a new three-year employment agreement with Jonathan Reich, effective October 1, 2026, as he transitions from CEO to President and COO. The agreement provides for an annual base salary of $390,000 with annual increases of $15,000, a minimum annual performance bonus of $124,313, and an equity award of 100,000 shares.…more
Zedge, Inc.
Insider Morris Berger has filed a Form 3 with the SEC, providing an initial statement of beneficial ownership of securities in Zedge, Inc. This filing serves as the mandatory disclosure of holdings by a company insider.…more
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Zedge’s DataSeeds.AI Completes First Commercial Model Evaluation for Bria.AI…more
Zedge's DataSeeds.AI has successfully completed its first commercial model evaluation engagement for Bria.AI. The project utilized Zedge's photography community to help identify complex image quality issues in AI-generated content.…more
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Zedge has secured approximately $7.5 million in direct investment led by Vice Chairman Howard Jonas to accelerate the growth of its DataSeeds.AI business. The company also announced the appointment of Morris Berger as the new CEO, effective October 1, to lead this strategic expansion.…more
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