Form 8-K

8-K — Zedge, Inc.

Accession: 0001213900-26-110602

Filed: 2026-10-19

Period: 2026-10-19

CIK: 0001667313

SIC: 7372 (SERVICES-PREPACKAGED SOFTWARE)

Item: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

Item: Financial Statements and Exhibits

Documents

8-K — ea0308999-8k_zedge.htm (Primary)

EX-10.1 — EMPLOYMENT AGREEMENT, DATED AS OF OCTOBER 14, 2026, BETWEEN ZEDGE, INC. AND JONATHAN REICH (ea030899901ex10-1.htm)

XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K — CURRENT REPORT

8-K (Primary)

Filename: ea0308999-8k_zedge.htm · Sequence: 1

false

0001667313

2026-10-19

iso4217:USD

xbrli:shares

iso4217:USD

xbrli:shares

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities

Exchange Act of 1934

Date of Report (Date of earliest event reported):

October 19, 2026

Zedge, Inc.

(Exact name of registrant as specified in its charter)

Delaware

1-37782

26-3199071

(State or other jurisdiction

of incorporation)

(Commission File Number)

(IRS Employer

Identification No.)

1178 Broadway, Ste. 1450 (3rd Floor), New York, NY

10001

(Address of principal executive offices)

(Zip Code)

Registrant’s telephone number, including

area code: (330) 577-3424

Not Applicable

(Former name or former address, if changed since

last report.)

Check the appropriate box below if the Form 8-K

filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General

Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities

Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange

Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under

the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under

the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol

Name of each exchange on which registered

Class B common stock, par value $0.01 per share

ZDGE

NYSE American

Indicate by check mark whether the registrant

is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the

Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check

mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting

standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02. Departure of Directors or Certain

Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

As previously disclosed in

the Current Report on Form 8-K filed by Zedge, Inc. (the “Company”) on August 31, 2026, Jonathan Reich ceased to serve as

Chief Executive Officer of the Company effective as of September 30, 2026, and, effective October 1, 2026, Mr. Reich commenced service

as President and Chief Operating Officer of the Company.

The Company entered into an

employment agreement with Mr. Reich, effective as of October 1, 2026 (the “Employment Agreement”), providing for: (i) a term

of three (3) years, commencing October 1, 2026 and ending September 30, 2029; (ii) an annual base salary of $390,000, effective as of

August 1, 2026, and an increase in annual base salary of $15,000 on each July 31 during the term; (iii) an annual performance bonus of

not less than $124,313 for each fiscal year beginning with fiscal year 2026; (iv) separation pay under the terms and conditions set forth

in the Employment Agreement, of up to two (2) years of base salary, plus a prorated portion of his minimum annual bonus for the fiscal

year in which his employment terminates, depending on the circumstances of the termination of his employment, including termination by

the Company with and without Cause, resignation by Mr. Reich with and without Good Reason, and his death or Disability (as each such term

is defined in the Employment Agreement); (v) full acceleration of the vesting of the equity award described below in the event that his

employment is terminated by the Company without Cause or he resigns for Good Reason; and (vi) an award under the Company’s 2026

Equity Incentive Plan, to be granted within 150 days following October 1, 2026, consisting of a combination of restricted stock and deferred

stock units representing, in the aggregate, 100,000 shares of the Company’s Class B common stock, par value $0.01 per share, one-twelfth

(1/12) of which will vest on the date of grant and the remainder of which will vest in eleven (11) substantially equal quarterly installments,

such that the award will be fully vested on October 1, 2029.

The foregoing description

of the Employment Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Employment

Agreement, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.

Document

10.1†

Employment Agreement, dated as of October 14, 2026, between Zedge, Inc. and Jonathan Reich

104

Cover Page Interactive Data File (embedded within the Inline XBRL document)

† Management contract or compensatory plan or arrangement.

SIGNATURE

Pursuant to the requirements

of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto

duly authorized.

ZEDGE, INC.

By:

/s/ Yi Tsai

Name:

Yi Tsai

Title:

Chief Financial Officer

Dated: October 19, 2026

EXHIBIT INDEX

Exhibit No.

Document

10.1†

Employment Agreement, dated as of October 14, 2026, between Zedge, Inc. and Jonathan Reich

104

Cover Page Interactive Data File (embedded within the Inline XBRL document)

† Management contract or compensatory plan or arrangement.

EX-10.1 — EMPLOYMENT AGREEMENT, DATED AS OF OCTOBER 14, 2026, BETWEEN ZEDGE, INC. AND JONATHAN REICH

EX-10.1

Filename: ea030899901ex10-1.htm · Sequence: 2

Exhibit

10.1

EMPLOYMENT

AGREEMENT

This

EMPLOYMENT AGREEMENT (this “Agreement”), dated as of October 14, 2026, is by and between Zedge, Inc. (the “Company”)

and Jonathan Reich (the “Employee”) (individually, each a “Party” and collectively, the “Parties”).

WHEREAS,

the Employee is currently employed by the Company as its Chief Executive Officer (“CEO”); and

WHEREAS,

the Parties have agreed that effective as of October 1, 2026 (the “Effective Date”), the Employee will transition

from the that role to serve as President and Chief Operating Officer and the Employee’s employment with the Company will be governed

by the terms and conditions set forth in this Agreement;

NOW,

THEREFORE, in consideration of the promises and the respective covenants and agreements of the Parties herein contained, and intending

to be legally bound hereby, the Parties hereto agree as follows:

1. Employment.

The Company hereby agrees to continue to employ the Employee, and the Employee hereby agrees to continue to be employed by the Company

and to perform services for the Company and its subsidiaries, on the terms and conditions set forth herein (the “Employment”).

2. Term.

The term of this Agreement and the Employee’s Employment on the terms and conditions set forth herein shall commence on the date

hereof, but with effect from October 1, 2026 (the “Effective Date”) and shall end on September 30, 2029, unless earlier

terminated by either the Employee or the Company pursuant to Section 7 hereof (the Employee’s period of employment at the Company

pursuant to this Agreement, the “Term”).

3. Position.

During the Term, the Employee shall serve as the Company’s President and Chief Operating Officer (the “Position”).

4. Duties

and Reporting Relationship. During the Term, the Employee shall devote one hundred percent (100%) of the Employee’s business

time and on a full-time basis use the Employee’s skills and render services to the best of the Employee’s abilities on behalf

of the Company. The Employee shall report directly to the Company’s Chief Executive Officer (the “CEO”). The

Employee shall perform the duties and responsibilities customarily associated with the Position, together with such other duties and

responsibilities as reasonably required by the CEO. The Employee shall comply with all of the policies and procedures of the Company,

as updated from time to time, as well as customary standards of business conduct, including any standards prescribed by applicable law

or regulations. Notwithstanding the foregoing, the Employee shall be permitted to act or serve as a director, trustee, or committee member

of any type of civic, social, or charitable organization, and, with the prior written consent of the CEO (which consent shall not be

unreasonably withheld or delayed), of any other business, and provided that, in each such case, such activities do not, individually

or in the aggregate, create a potential or actual conflict with the interests of the Company or materially interfere with the Employee’s

service to the Company or duties hereunder (in each case, as determined by the CEO).

5. Place

of Performance. The Parties agree that the Employee shall work from the Employee’s home office in New Jersey, or another

mutually agreed upon location, and will travel regularly for purposes of Company business, in accordance with the Company’s

business needs, as such needs are determined by the Employee and the CEO.

6. Compensation and Related Matters.

(a) Base

Salary. From the start of the Term through July 31, 2027, the Employee will be compensated at an annual base salary rate of Three

Hundred Ninety Thousand Dollars ($390,000), and on each subsequent July 31 during the Term, the Employee’s annual base salary rate

shall increase by Fifteen Thousand Dollars ($15,000) (the base salary rate in effect, the “Base Salary”). The Base

Salary will be paid to the Employee, less applicable taxes and withholdings, in conformity with the Company’s payroll procedures

relating to its Employees. The Company will make a one-time payment to the Employee, reflecting an increase in Base Salary approved by

the Company as of the date of this Agreement, equal to the difference between the base salary rate previously paid to the Employee and

the new annual Base Salary rate of $390,000, for the period beginning August 1, 2026.

(b) Bonus.

For each fiscal year beginning in Fiscal Year 2026, the Employee shall be paid a performance bonus of not less than $124,313, to be paid

at the time that the Company pays other officer bouses, but in no event later than January 31 of the year after the fiscal year in which

the bonus is earned.

i) Benefits

Plans. The Employee shall be eligible for the same benefits as available to similarly situated employees of the Company, in accordance

with the relevant plans, as such plans are adopted, amended, and/or discontinued by the Company from time to time.

ii) Paid

Time Off. In addition to Company-designated paid holidays, each calendar year the Employee shall be eligible to take paid time off

for purposes of vacation and sick time in accordance with the Company’s applicable policies, as may be updated, amended, and changed

from time to time, and applicable law.

iii) Company

Property. The Employee may be provided with the benefit of using Company property. Any such property shall remain at all times the

property of the Company and is to be used by the Employee in accordance with Company policy. The Employee shall return any such property

to the Company upon the Company’s request, and in any case, upon the termination of the Employee’s Employment for any reason

subject to Section 7(e)(ii) below.

iv) Business

Expenses. The Employee shall be entitled to reimbursement for reasonable and necessary out-of-pocket business expenses incurred by

the Employee in connection with the performance of the Employee’s duties hereunder, provided that such expenses are incurred in

accordance with the Company’s expense reimbursement policy (including pre-approval where required by such policy as in effect from

time to time) and the Employee submits to the Company applicable invoices and other documentation, in form and in substance in accordance

with Company policy.

v) Equity.

Within one hundred fifty (150) days following the Effective Date, the Company shall grant to the Employee a combination of

restricted stock and deferred stock units (“DSUs”) that shall, in the aggregate, grant to the Employee or entitle

the Employee to receive on vest One Hundred Thousand Shares of Class B common stock of the Company (the “Granted

Interests”), subject to the terms of the Company’s 2026 Stock Incentive Plan, as amended (the “Plan”) and

the relevant grant agreements in such forms as approved by the Compensation Committee of the Company’s Board of Directors (the

“Board”). One-twelfth (1/12) of the Granted Interests shall vest on grant, and the remaining portions of the

Granted Interests shall vest ratably in eleven (11) substantially equal quarterly installments on each April 1, July 1 or October 1

(or the next succeeding business day if any such day is not a business day), such that the Granted Interests shall be fully vested

on October 1, 2029. Any tax liability in connection with the Granted Interests shall be borne solely by the Employee.

(d) Section

409A of the Internal Revenue Code of 1986 as amended. The Parties hereby affirm that with respect to any and all payments and benefits

under this Agreement, the intent is that such payments and benefits either: (i) do not constitute “nonqualified deferred compensation”

within the meaning of Section 409A of the Internal Revenue Code (“Section 409A”), and therefore are exempt from Section

409A, (ii) are subject to a “substantial risk of forfeiture” and are exempt from Section 409A under the “short−term

deferral rule” set forth in Treasury Regulation §1.409A−1(b)(4), or (iii) are in compliance with the terms of 409A.

In any event, the Parties further confirm that they intend to have all provisions of this Agreement construed, interpreted and administered

in a manner consistent with the requirements for avoiding taxes or penalties under Section 409A.

(e) All

sums payable to Employee under this Agreement shall be paid less applicable taxes and withholdings.

7. Termination.

The Employee’s Employment hereunder may be terminated without breach of this Agreement as set forth below:

(a) The

Employee’s Employment hereunder shall terminate upon the Employee’s death or, as permitted by law, “Disability”

(as hereafter defined). In the event of the Employee’s termination due to the Employee’s death or Disability, the Employee

(or, in the event of the Employee’s death, the Employee’s estate) shall receive the Base Salary and all benefits set forth

in Section 6(c) above, in each case through the Date of Termination (as hereafter defined). Except as set forth in Section 7(e)

below, the Employee (and, in the event of the Employee’s death, the Employee’s estate) shall not be entitled to any other

amounts or benefits from the Company other than as set forth in this Section 7(a). For purposes of this Agreement, “Disability”

shall mean the inability of the Employee to perform the Employee’s duties on account of a physical or mental illness for a period

of sixty-five (65) consecutive days or ninety (90) days in any six (6) month period. Notwithstanding anything contained herein to the

contrary, during any period that the Employee is unable to perform the Employee’s duties because of a physical or mental illness,

the Company shall not be obligated to pay any compensation or other amounts to the Employee except as otherwise provided for by Company

policy or applicable law.

(b) Cause.

The Company may terminate the Employee’s Employment hereunder at any time without advance notice for “Cause.”

For purposes of this Agreement, the Company shall have Cause to terminate the Employee’s Employment hereunder upon the Employee’s:

(i) commission

of fraud, embezzlement, gross negligence, malfeasance, or indictment for an act or acts constituting a felony under the laws of the United

States or any state thereof;

(ii) willful

or negligent act or omission which results in an assessment of a civil or criminal penalty against the Employee, the Company, or the

Company’s parent or affiliates;

(iii) willful

or continued failure to substantially perform the Employee’s duties hereunder (other than any such failure resulting from the Employee’s

incapacity due to physical or mental illness), after written notice has been delivered to the Employee by the Company identifying the

manner in which the Employee has not substantially performed the Employee’s duties and the Employee has failed to cure within twenty

(20) days; or

(iv) breach

of any of the material terms or conditions of this Agreement, the NDA (as defined below), or any written Company policy after written

notice has been delivered to the Employee by the Company identifying the manner in which the Employee has breached and the Employee has

failed to cure within twenty (20) days.

the event that the Company terminates the Employee’s Employment for Cause, the Employee shall receive the Base Salary and all benefits

set forth in Section 6(c) above, in each case through the Date of Termination. The Employee shall not be entitled to any other amounts

or benefits from the Company other than as set forth in this Section 7(b).

without Cause by the Company/Resignation by the Employee without Good Reason. The Employee’s Employment hereunder may be terminated

(i) by the Company without Cause upon fourteen (14) days’ written notice from the Company to the Employee or (ii) by the Employee’s

resignation without Good Reason (as hereafter defined) upon thirty (30) days’ written notice from the Employee to the Company,

in each case in accordance with Section 7(f) hereunder (the applicable notice period, the “Notice Period”). In the

event of the Employee’s termination without Cause by the Company or the Employee’s resignation without Good Reason: (i) the

Employee shall receive the Base Salary and all benefits set forth in Section 6(c) above, in each case through the Date of Termination,

and (ii) the Company shall have the right to determine whether or not the Employee shall actively work for the Company during the Notice

Period. Further, the Company shall have the right to accelerate the termination date of the Employee’s employment by designating

an earlier date of termination and paying all amounts of Base Salary as would be due through the last day of the Notice Period in lieu

of continuing the Employee’s employment through the last day of the Notice Period. Except as set forth in Section 7(e) below, the

Employee shall not be entitled to any other amounts or benefits from the Company other than as set forth in this Section 7(c).

(d) Resignation

by the Employee for Good Reason. The Employee’s Employment hereunder may be terminated by the Employee’s resignation

for Good Reason if: (x) the Employee has given written notice to the Company of the existence of Good Reason no later than

thirty (30) days after its initial existence, (y) the Company has not cured such Good Reason in all material respects within thirty

(30) days after its receipt of such written notice, and (z) if the Company has not cured such acts or failures to act within the

thirty (30) day cure period, then the Executive’s employment shall be immediately terminated for Good Reason. As used herein,

the term “Good Reason” shall mean (i) a material reduction of the Employee’s title or duties without the

Employee’s consent; (ii) a material reduction of the Employee’s compensation (base or guaranteed bonus); (iii) requiring

the Employee to report to anyone other than directly to the CEO; or (iv) any material breach of the terms of this Agreement by the

Company. In the event of the Employee’s resignation for Good Reason: (1) the Employee shall receive the Base Salary and all

benefits set forth in Section 6(c) above, in each case through the Date of Termination, and (2) the Company shall have the right to

determine whether or not the Employee shall actively work for the Company during any notice period (if applicable) following the

Employee’s resignation. The Employee’s actions approving or ratifying, in writing, any material reduction of the

Employee’s duties that otherwise may be considered Good Reason will be considered consent for the purposes of this Good Reason

definition. Except as set forth in Section 7(e) below, the Employee shall not be entitled to any other amounts or benefits from the

Company other than as set forth in this Section 7(d).

(e) Separation

Benefits. Except in the event of a termination of the Employee’s employment by the Company for Cause, and provided that

the Employee executes and delivers a separation and release agreement in a form acceptable to the Company

(“Release”) within twenty-one (21) days after the Employee’s Date of Termination (unless applicable law

requires a longer time period, in which case this date will be extended to the minimum time required by applicable law) and does not

revoke or breach such agreement, the Employee will be entitled to the following separation benefits:

(i) Subject

to the Employee’s timely election of continuation coverage under the Consolidated Omnibus Budget Reconciliation Act of 1985 (“COBRA”),

the eligibility requirements and other terms and conditions of such insurance coverage, and upon submission by the Employee to the Company

of appropriate documentation substantiating payment by the Employee to the Company’s COBRA vendor of the applicable COBRA coverage

premium, reimbursement for a portion of such monthly premium costs during the COBRA Reimbursement Period (as defined below) in an amount

equal to the Company’s monthly premium contribution as of the Date of Termination (“COBRA Reimbursement”), provided,

documentation substantiating payment to the COBRA vendor shall be submitted by the Employee to the Company within thirty (30) days of

such payment and the Company shall make reimbursement to the Employee within thirty (30) days of receipt of such documentation. The “COBRA

Reimbursement Period” shall not exceed twenty-four (24) months and shall end upon the earliest to occur of: (A) twenty-four (24)

months following the first month for which the Employee is eligible for COBRA coverage under applicable law; (B) the date on which the

Employee becomes eligible to receive medical insurance coverage through another employer; and (C) the date on which the Employee is no

longer eligible to receive COBRA coverage for any reason; provided, however, that if the Employee is no longer eligible to receive COBRA

coverage because the maximum period for which COBRA coverage is available under applicable law has expired, the Company shall instead

make a payment to the Employee each month in an equal to the amount the Company would have paid toward Employee’s COBRA premiums,

less applicable taxes and withholdings, for the remainder of the COBRA Reimbursement Period. The Employee agrees that if the Employee

does not timely elect COBRA coverage with the Company’s COBRA vendor or does not timely submit COBRA premium payments to the COBRA

vendor on an ongoing monthly basis, the Employee will voluntarily waive the Employee’s entitlement to receive COBRA Reimbursement

hereunder;

(ii) the

Employee shall be permitted to retain as his own property the Company-issued laptop computer that was provided to the Employee for use

during the Employee’s employment (the “Laptop”) (provided that the Employee represents and warrants in the release

agreement that he has permanently deleted all information regarding the Company from the Laptop), as well as any Company-owned monitors,

printers, office furniture, or other equipment (collectively, “Equipment”) currently in the Employee’s possession.

The Employee shall also be permitted to retain Equipment purchased by the Company with the prior approval of the CEO for the Employee’s

use at his home office during the Employee’s employment.

(iii) Separation Pay.

A. Termination

Due to Disability or Death. If the Employee’s Employment terminates in accordance with Section 7(a) due to

Employee’s death or Disability, the Company shall pay to the Employee (or the Employee’s estate in the event of the

Employee’s death), a total gross amount equal to two (2) years’ Base Salary, which will be paid to the Employee in 52

equal installments;

B. Resignation

by the Employee without Good Reason. If the Employee resigns from the Employment and provides the advance written notice required

by Section 7(c) above, the Company shall pay to the Employee a total gross amount equal to eighteen (18) months’ Base Salary, which

will be paid to the Employee in 39 equal installments;

C. Non-Renewal.

If the Employee’s Employment terminates for non-renewal of this Agreement, the Company shall pay to the Employee a total gross

amount equal to eighteen (18) months’ Base Salary, which will be paid to the Employee in 39 equal installments;

D. Termination

for Performance. If the Employee’s Employment is terminated with an effective date prior to September 30, 2029 based on a determination

by the Board that the Employee’s job performance materially failed to meet the Company’s reasonable expectations, the Company

shall pay to the Employee a total gross amount equal to eighteen (18) months’ Base Salary, which will be paid to the Employee in

39 equal installments;

E. Termination

without Cause/Resignation for Good Reason. If the Employee’s Employment is terminated by the Company without Cause and for

a reason other than any of the reasons set forth in subsections (A), (B), (C), and (D), or if the Employee resigns for Good Reason, the

Company shall pay to the Employee a total gross amount equal to two (2) years’ Base Salary plus a prorated portion of Employee’s

minimum bonus for the fiscal year in which his employment is terminated, calculated by multiplying $124,313 by a fraction, the numerator

of which is the number of days elapsed from the beginning of the Company fiscal year (August 1- July 31) through the Employee’s

termination date and the denominator of which is 365, which will be paid to the Employee in 52 equal installments. Additionally, the

Company will accelerate the vesting of the Granted Interests so that the Employee will be fully vested.

(f) All

installment payments under Sections 7(e)(iii)A.-E. shall be paid less applicable taxes and withholdings and in accordance with the Company’s

regular payroll schedule beginning within sixty (60) days following the Date of Termination provided, however, that if the sixty (60)

day period begins in one calendar year and ends in the second calendar year, such installment payments will begin in the second calendar

year. Notwithstanding the foregoing, Employee agrees that in the event that all or a portion of any payment described in Sections 7(e)(iii)A-E

constitutes nonqualified deferred compensation within the meaning of Section 409A of the Internal Revenue Code of 1986, as amended (the

“Code”), such payment or payments that constitute nonqualified deferred compensation within the meaning of the Code shall

not be made prior to the date which is six (6) months after the date Employee separates from service (within the meaning of the Code).

Payments will be made to the Employee via direct deposit to the account to which the Employee’s last payroll payment was made,

unless the Employee designates another account in writing. For purposes of this Section 7(e), Base Salary shall mean the Base Salary

in effect on the Date of Termination. Notice of Termination. The Employee’s resignation or any termination of the Employee’s

Employment by the Company shall be communicated from one Party to the other Party by written “Notice of Termination”

in accordance with Section 9 of this Agreement. Such Notice of Termination shall specify the last day of the Term.

(g) Date

of Termination. “Date of Termination” shall mean: (i) if the Employee’s Employment is terminated by the

Employee’s death, the date of the Employee’s death, or (ii) if the Employee’s Employment is terminated for any

other reason, the date specified in the Notice of Termination as the last day of the Term.

(h) Transition.

Regardless of the circumstances surrounding the Employee’s resignation or termination of Employment, the Employee hereby agrees

that upon the Employee’s resignation or termination of Employment, the Employee will make every effort to facilitate the orderly

transition of the Employee’s duties and responsibilities and, except as provided for in Section 7(e)(ii), will return to the Company

all Company property.

8. Employee and Company Representations.

(a) Employee

shall be entitled to all indemnification and advancement rights available to officers of the Company under the Company’s governing

documents, and coverage under liability insurance policies maintained by the Company.

(b) The

Employee represents and warrants to the Company that neither the execution or delivery of this Agreement by the Employee nor the performance

by the Employee of the Employee’s obligations hereunder, shall constitute a default under or a breach of the terms of any other

agreement, contract, or other arrangement, whether written or oral, to which the Employee is a party or by which the Employee is bound,

nor shall the execution or delivery of this Agreement by the Employee nor the performance by the Employee of his duties and obligations

hereunder give rise to any claim or charge against either the Employee or the Company, based upon any other contract or other arrangement,

whether written or oral, to which the Employee is a party or by which the Employee is bound. The Employee further represents and warrants

to the Company that he is not a party to or subject to any restrictive covenants, legal restrictions, or other agreement, contract, or

arrangement, whether written or oral, in favor of any entity or person which would in any way preclude, inhibit, impair, or limit the

Employee’s ability to perform his obligations under this Agreement, including, but not limited to, non-competition agreements,

non-solicitation agreements, or confidentiality agreements.

(b)

The Employee warrants and agrees that during the Term, the Employee will not (i) take on employment or consulting positions for

third parties that would, individually or in the aggregate, create a potential or actual conflict with the interests of the Company

or materially interfere with the Employee’s service to the Company or duties hereunder (in each case, as determined by the

CEO) or (ii) become party to an Agreement that would in any way limit the Employee’s ability to perform the Employee’s

obligations pursuant to this Agreement.

Employee hereby acknowledges that the Employee’s signing of the Assignment of Inventions, Non-Disclosure, and Non-Competition Agreement

attached hereto as Schedule A (the “NDA”) constitutes a precondition of the Employment. The Employee further affirms

that for the period from and following the Effective Date, this Agreement and the attached NDA constitute the entire understanding of

the Parties with respect to the subject matter hereof and supersede any prior understanding or agreement, whether oral or written, between

the Parties.

(d)

The Employee acknowledges that the Employee has been advised to obtain independent counsel to evaluate the terms, conditions and

covenants herein set forth and the Employee has been afforded ample opportunity to obtain such independent advice and evaluation.

The Employee warrants to the Company that the Employee has relied upon such independent counsel and not upon any representation

(legal or otherwise), statement or advice said or offered by the Company or the Company’s counsel in connection with this

Agreement.

9. Notices.

All notices and other communications under this Agreement shall be in writing and shall be given by hand, by email, or by first class

mail, certified or registered with return receipt requested, and shall be deemed to have been duly given three (3) days after mailing,

twenty-four (24) hours after transmission of an email, or immediately upon hand delivery or explicit acknowledgement of receipt.

10. Arbitration.

In the event of a dispute between the Employee and the Company arising out of or related to the Employee’s employment with the

Company (with the exception of disputes arising under the NDA set forth in Schedule A and claims that pursuant to applicable law a party

is prohibited from requiring another party to agree to submit to arbitration), the Employee and the Company agree to settle such dispute

by means of arbitration pursuant to the Federal Arbitration Act, administered by the American Arbitration Association (“AAA”),

with such arbitration to take place in the state of New Jersey or another mutually agreed upon location and to be conducted in accordance

with the AAA’s Employment Arbitration Rules. In such arbitration, a single arbitrator, appointed by the mutual agreement of the

Employee and the Company: (i) shall not amend or modify the terms of this Agreement or of any Company policy, and (ii) shall render a

decision within ten (10) business days from the later of closing statements or submission of post-hearing briefs by the Parties. The

arbitration award shall be final and binding, and any state or federal court shall have jurisdiction to enter a judgment on such award.

The Parties hereby confirm their understanding that this requirement to arbitrate disputes means that the Employee and the Company specifically

waive any right either Party may have to a trial by jury in a court of law with respect to all claims and demands arising out of or related

to the Employee’s employment with the Company, including, without limitation, any rights the Employee may assert under any federal,

state, or local laws or regulations applicable to the Employee’s employment with the Company (with the exception of disputes arising

under the NDA set forth in Schedule A and claims that pursuant to applicable law a party is prohibited from requiring another party to

agree to submit to arbitration). For the avoidance of doubt, the Parties acknowledge and agree that the existence of a claim by a Party

that is not subject to arbitration pursuant to this paragraph shall not impair the enforceability of this paragraph with respect to any

other claim brought by that Party. Notwithstanding the foregoing, nothing in this paragraph shall be interpreted to mean that the Employee

cannot file a charge with the Equal Employment Opportunity Commission or the National Labor Relations Board or any comparable federal,

state, or local governmental agency.

11. Enforceability of this Agreement.

(a) The

invalidity or unenforceability of any provision of this Agreement shall not affect the validity or enforceability of any other provision

hereunder. If an arbitrator or court of competent jurisdiction determines that any portion of this Agreement is in violation of any law

or public policy, only the portions of this Agreement that violate such law or public policy shall be stricken, and all other portions

of this Agreement that do not violate any law or public policy shall continue in full force and effect. Further, if any one or more of

the provisions contained in this Agreement is determined by a court of competent jurisdiction to be excessively broad as to duration,

scope, activity or subject, or is unreasonable or unenforceable under applicable law, such provisions will be construed by limiting,

reducing, modifying or amending them so as to be enforceable to the maximum extent permitted by applicable law. If the Agreement is held

unenforceable in any jurisdiction, such holding will not impair the enforceability of the Agreement in any other jurisdiction.

(b) This

Agreement may be executed in one or more counterparts, each of which shall be deemed to be an original but all of which together will

constitute one and the same instrument. Electronic counterparts shall also be deemed to be originals.

provision of this Agreement may be modified, waived, or discharged unless such waiver, modification or discharge is agreed to in writing

signed by the Employee and the Company. No waiver by either Party hereto at any time or any breach by the other Party hereto of, or compliance

with, any condition or provision of this Agreement to be performed by such other Party shall be deemed a waiver of similar or dissimilar

provisions or conditions at the same or at any prior or subsequent time.

(d) This

Agreement shall be governed by the laws of the State of New Jersey, without regard to its conflicts of law principles.

(e) The

Company shall have the right to assign its rights and obligations under this Agreement to any individual, entity, corporation, or partnership

that succeeds to all or a portion of the relevant business or assets of the Company. This Agreement is personal to the Employee, and

the Employee may not assign the Employee’s rights and obligations under this Agreement to any third party.

WITNESS WHEREOF, the Parties have executed this Agreement as set forth below.

/s/ Jonathan Reich

October 14, 2026

JONATHAN REICH

Date

/s/ Yi Tsai

October 14, 2026

ZEDGE, INC

Date

Authorized Representative

Schedule

A: NDA

ASSIGNMENT

OF INVENTIONS, NON-DISCLOSURE, AND NON-COMPETITION AGREEMENT

This

Assignment of Inventions, Non-Disclosure, and Non-Competition Agreement (“Agreement”) between Zedge, Inc. (the “Company”)

and Jonathan Reich (“Employee”) shall be effective as of October 14, 2026 (the “Effective Date”).

WHEREAS,

Employee wishes to continue to be employed by Company;

WHEREAS,

Company wishes to continue to employ Employee subject to all of the terms and conditions in the Employment Agreement dated October 14,

2026, and Employee wishes to accept such employment by Company (the “Employment”) on such terms and conditions; and

NOW,

THEREFORE, in consideration of Employee’s continued employment by Company, as well as other good and valuable consideration, the

sufficiency of which is hereby acknowledged, and intending to be legally bound hereby, Company and Employee agree as follows:

1. Company

Group Business. Company and its subsidiaries (collectively, the “Company Group”)

are in the business of (i) developing and operating creator communities and platforms for

mobile personalization content and (ii) providing customers with multimodal data creation,

including audio, images and video for artificial intelligence (“AI”) data creation

(the “Company Group Businesses”).

2. Intellectual

Property Rights.

a. Inventions.

“Invention(s)” means all ideas, inventions, discoveries, improvements, developments,

technology, creations, works of authorship, trade secrets, know-how, formulae, techniques,

tools, data, data structures, software, firmware, code, programs, systems, plans, devices,

apparatus, specifications, system architectures, documentation, algorithms, flow charts,

logic diagrams, source code, methods, processes, designs, circuits, layouts, descriptions,

concepts, drawings, schematics, compositions or any other material or information, tangible

or intangible, (including all versions, modifications, enhancements and derivative works

thereof, including works-in-progress), whether or not patented, copyrighted, or otherwise

protected and/or subject to statutory protection, whether or not reduced to practice, that

have been conceived, created, authored, or developed by Employee, either alone or jointly

with others, or by Company Group, whether on the premises of Company Group or not, during

Employee’s Employment with Company, and including any period in which Employee was

employed or otherwise engaged by Company in any capacity prior to the Effective Date, , that

(i) relate to Company and/or Company Group’s business or actual or demonstrably anticipated

research or development, (ii) result from any work performed by Employee for Company, and/or

(iii) result from any use of Company or Company Group equipment, supplies, facilities or

information.

b. Copyrights.

Employee hereby acknowledges and agrees that all copyrightable works included in the Inventions

shall be “works made for hire” within the meaning of the Copyright Act of 1976,

as amended (17 U.S.C. §101) (the “Act”), and any foreign jurisdiction recognizing

such right of authorship, and that Company and/or Company Group shall be the “author”

within the meaning of the Act. Employee acknowledges and agrees that all Inventions are the

sole and exclusive

property of Company and/or Company Group.

c. Assignment

of Intellectual Property Rights. In the event that title to any or all of the Inventions,

or any patent rights, copyright rights, trademark rights, mask work rights, trade secret

rights, rights with respect to Confidential Information, unique database rights and any other

intellectual and industrial property rights of any sort throughout the world (including any

application therefor) arising from the work performed by Employee for Company (collectively,

the “Intellectual Property Rights”) do not or may not by operation of law, vest

in Company or Company Group, Employee hereby agrees to promptly disclose and provide all

Intellectual Property Rights to Company and/or Company Group, as applicable, and hereby assigns

to Company all of Employee’s right, title and interest in all Intellectual Property

Rights, in whatever medium fixed or embodied, and in all writing relating thereto in Employee’s

possession or control. Employee hereby expressly waives that which may be known as or referred

to as “moral rights,” “artist’s rights,” “droit moral,”

or the like or similar rights in any Intellectual Property Rights.

(i) Employee

agrees not to, directly or indirectly, personally file any patent, copyright or trademark applications relating to any Intellectual Property

Rights. Employee agrees to assist Company and/or any Company Group entity, whether before or after the termination of Employment, in

perfecting, registering, maintaining, and enforcing, in any jurisdiction, the rights of Company and/or Company Group in the Intellectual

Property Rights by performing promptly all acts and executing all documents deemed necessary or convenient by Company.

(ii) If

Company is unable, after duly reasonable effort, to secure Employee’s signature on any such documents, Employee hereby irrevocably

designates and appoints Company and its duly authorized officers and agents as Employee’s agent and attorney-in-fact, to do all

lawfully permitted acts (including but not limited to the execution, verification and filing of applicable documents) with the same legal

force and effect as if performed by Employee. Employee hereby waives and assigns to Company any and all claims, of any nature whatsoever,

which Employee now or may hereafter have for infringement of any Inventions assigned hereunder to Company.

d. Prior

Inventions. Attached hereto as Exhibit A is a list describing all inventions patented

domestically and abroad, all domestic and foreign pending applications for patent, original

works of authorship, developments, improvements, concepts, ideas, improvements, designs,

and trade secrets that Employee made prior to the Employment with Company, relate to Company’s

business, and are not assigned to Company hereunder (collectively referred to as “Prior

Inventions”). Alternatively, if no such list is attached, Employee represents here

and in Exhibit A that there are no such Prior Inventions. If in the course of Employment

with Company, Employee incorporates into a Company product, composition, manufacture, process,

or machine one or more Prior Invention(s), Employee hereby grants Company a nonexclusive,

royalty-free, irrevocable, perpetual, worldwide license to make, have made, modify, use,

sell, sublicense, and otherwise distribute such Prior Invention(s) as part of or in connection

with such product, composition, manufacture, process, or machine.

e. Third

Party Intellectual Property. Employee hereby affirms that during the Employment, Employee

shall not make use of any third party confidential or proprietary information, trade secrets

or inventions, with respect to which Employee has an obligation of confidentiality (“Third

Party Intellectual Property”), whether of a previous employer or otherwise, where Employee

has not been specifically authorized to use or disclose such Third Party Intellectual Property

for purposes of the Employment (“Restricted Third Party Intellectual Property”).

Employee hereby represents and warrants that Employee does not have in Employee’s possession

any materials in any form which contain Restricted Third Party Intellectual Property, and

Employee agrees not to bring any Restricted Third Party Intellectual Property onto Company’s

premises at any time.

3. Confidential

Information

a. Confidential

Information. “Confidential Information” means technical and proprietary information

about Company and Company Group and their affiliates, business partners, customers, products,

and services that is learned by Employee during the Employment (and including without limitation

all periods of employment with or consulting to Company and/or Company Group prior to the

Effective Date), whether or not such information is marked as confidential, including without

limitation any and all (i) inventions, intellectual property, research, methodologies, knowledge,

trade secrets (as defined by the Defend Trade Secrets Act, 18 U.S.C. § 1839(3) and any

applicable state law), computer programs, computer source and access codes, and other technology,

(ii) records and databases (iii) licenses and other agreements with third parties, (iv) product

and service costs, prices, profits, and sales, (v) marketing and business strategies, plans,

forecasts, budgets, projections, analyses, and various other financial information, (vi)

existing or prospective client, customer, investor, vendor, and supplier information, (vii)

information received from and/or regarding third parties where Company agrees to hold such

information in confidence, and (viii) analyses and forecasts, patents, and copyrights; provided,

“Confidential Information” shall not include information that is generally known

or readily available to the public (unless via a breach of Employee’s obligations to

Company), was lawfully known to Employee prior to its disclosure by Company, as demonstrated

by Employee’s contemporaneous written records, or is lawfully received by Employee

from a third party who is not subject to any obligation of confidentiality with respect to

such information. Confidential Information shall include information in any form or media,

including without limitation documentary, written, oral, magnetic, electronically transmitted,

or computer generated. Employee acknowledges that Confidential Information is specialized,

unique in nature and of great value to Company, and that such information gives Company and/or

Company Group a competitive advantage.

b. Employee

agrees that during the Employment and thereafter, Employee will not: (i) use any Confidential

Information, however acquired, except as necessary within the scope of Employee’s Employment

with Company to perform Employee’s duties; (ii) duplicate or replicate or cause or

permit others to duplicate or replicate any document or other material in any medium embodying

any Confidential Information except as necessary in connection with the Employment; (iii)

reverse engineer, de-encrypt, or otherwise derive the design, internal logic, structure or

inner workings (including algorithms and source code) of any software, products, models,

prototypes, or other items provided by the Company that use, embody, or contain Confidential

Information; or (iv) disclose or permit the disclosure of any Confidential Information to

any third party, except that making a disclosure pursuant to Section 3(e) below, responding

to legal process or required governmental testimony, filings, or administrative proceedings,

or making disclosures that cannot be prohibited pursuant to applicable federal, state, or

local law will not violate the obligations of this subsection; provided, if Employee

is subpoenaed or served with a court order or other legal document requesting the production

or disclosure of Confidential Information to a third party, Employee shall promptly notify

Company (unless notification or the obligation to notify is otherwise prohibited by law).

Employee

acknowledges that Employee understands that nothing in this Agreement limits Employee’s ability to communicate with the Securities

Exchange Commission or otherwise participate in any investigation or proceeding that may be conducted by the Securities Exchange Commission,

including providing documents or other information, without notice to the Company, nor limits Employee’s right to receive an award

for information provided to the Securities Exchange Commission.

c. Employee

acknowledges that Company and/or Company Group owns all right, title and interest in and

to the Confidential Information, and that Employee acquires hereunder no right, title or

interest in any Confidential Information. Employee agrees to take commercially reasonable

action in order to secure the safekeeping and confidentiality of all Confidential Information.

d. Upon

the termination or expiration of the Employment, or at any time upon Company’s request,

Employee will return to Company all tangible and electronic materials and all copies thereof,

in whatever media, then in Employee’s possession or control, containing or employing

any Confidential Information.

e. Notice

of Immunity: Employee acknowledges that via this paragraph, Company is providing Employee

with written notice that the Defend Trade Secrets Act, 18 U.S.C. § 1833(b), provides

that (i) an individual shall not be held criminally or civilly liable under any federal or

state trade secret law for the disclosure of a trade secret that is made in confidence to

a federal, state, or local government official, either directly or indirectly, or to an attorney,

and solely for the purpose of reporting or investigating a suspected violation of law, or

is made in a complaint or other document filed in a lawsuit or other proceeding, if such

filing is made under seal, and (ii) an individual who files a lawsuit for retaliation by

an employer for reporting a suspected violation of law may disclose the employer’s

trade secret to the individual’s attorney and use such trade secret information in

the court proceeding if the individual files any document containing the trade secret under

seal and does not disclose the trade secret, except pursuant to court order.

4. Covenant

Not to Compete.

a. Employee

hereby agrees that during the Employment, Employee shall not, whether as an employee, employer,

consultant, agent, service provider, principal, partner, stockholder, corporate officer,

director, independent contractor, or in any other individual or representative capacity,

except on behalf of Company and/or Company Group, engage in any of the Company Group Businesses

described in Section 1 of this Agreement.

Employee

hereby agrees that for a period of one (1) year following the date of termination of Employee’s Employment (whether such termination

is voluntary or involuntary), Employee shall not, whether as an employee, employer, consultant, agent, service provider, principal, partner,

stockholder, corporate officer, director, independent contractor, or in any other individual or representative capacity, (i) engage in

any of the Company Group Businesses described in Section 1 of this Agreement in competition with Company or Company Group, (ii) assist

any other person or entity in competing or in preparing to compete with Company or Company Group in any of the Company Group Businesses

described in Section 1 of this Agreement, or (iii) engage in the research, development, or marketing of any other product, service, or

technology developed, or marketed by Company at any time during the six (6) months prior to the termination of Employee’s Employment

where Employee had involvement with such product, service, or technology during the Employment. It is understood and agreed that because

the intrinsic nature of Company’s business is worldwide, the scope of prohibited competition on the part of Employee pursuant to

this Section 4 shall not be limited by any specific geographic boundaries and shall be worldwide.

5. Non-Solicitation.

a. Employee

agrees that during the term of the Employment and for a period of one (1) year following

the date of termination of the Employment (whether such termination is voluntary or involuntary),

Employee shall not, directly or indirectly, on Employee’s own behalf or on behalf of

any other person or entity other than Company and/or Company Group,

(i) With

respect to any third party that is a client or customer of Company and/or Company Group,

where Employee had material contact with such third party as a representative of Company,

(a) Encourage

or influence or attempt to influence such third party to reduce such third party’s

business with Company or Company Group or divert such third party’s business to any

competitor of Company or Company Group; or

(b) Solicit

or attempt to solicit such third party to purchase any product or service, or any product

or service that is competitive with any product or service, that was sold by Company and/or

Company Group during the period of Employee’s Employment at Company and is still sold

by Company or Company Group at the time of the solicitation or attempt to solicit; or

(ii) Solicit

or recruit, or attempt to solicit or recruit, any individual who is employed or was employed

or engaged as an independent contractor by Company or Company Group during the twelve (12)

months prior to the Date of Termination, for the purpose of being employed by or engaged

as an independent contractor by Employee or by a competitor of Company or Company Group.

6. Company

Devices.

a. Employee

acknowledges that Employee has no reasonable expectation of privacy in any Company-provided

and/or Company-owned computer, technology system, email, handheld device, telephone, or documents

that are used to conduct the business of Company. As such, Company has the right, to the

maximum extent permitted by applicable law, to audit and search all such items and systems,

without further notice to Employee, to ensure that Company is licensed to use the software

on such Company devices in compliance with Company’s software licensing policies, to

ensure compliance with Company’s policies, and for any other business-related purposes

in Company’s sole discretion. Employee understands that Employee is not permitted to

add any unlicensed, unauthorized, or non-compliant applications to any Company technology

systems, including, without limitation, open source or free software not authorized by Company,

and that Employee shall refrain from copying unlicensed software onto any Company technology

systems or using non-licensed software or

websites. Employee understands that it is Employee’s responsibility to comply with the Company’s policies governing use of

the Company’s documents and the internet, email, telephone, and technology systems to which Employee will have access in connection

with Employee’s employment.

7. Enforceability

of this Agreement.

a. Employee

hereby represents and warrants that (i) Employee’s performance of the terms of this

Agreement and as an employee of Company will not breach any confidentiality or other agreement

into which Employee has entered with any third party, and (ii) Employee is not bound by any

agreement, either oral or written, which conflicts with this Agreement.

b. Employee

acknowledges that the restrictions set forth in this Agreement are necessary to protect Company

and Company Group’s legitimate business interests, are not greater than required, are

reasonable in time, geographical area, and in scope, and do not cause Employee undue hardship

in any respect.

c. For

the period from and following the Effective Date, this Agreement constitutes the entire understanding

of the parties with respect to the subject matter hereof. This Agreement is not a contract

of employment and does not alter the at will nature of Employee’s employment with Company.

This Agreement may be signed in two counterparts, each of which shall be deemed an original

and both of which shall together constitute one and the same instrument. No provision of

this Agreement may be changed or modified, nor may this Agreement be discharged in part or

in whole, except in a writing, executed by both Company and Employee.

d. The

invalidity or unenforceability of any provision herein shall not affect the validity or enforceability

of any other provision herein. If a court of competent jurisdiction determines that any provision

of this Agreement is invalid, illegal, or unenforceable (whether in whole or in part), such

provision shall be deemed modified to the extent, but only to the extent, necessary so that

it is valid, legal, and enforceable, and the other provisions of this Agreement shall continue

in full force and effect; provided, if a court of competent jurisdiction determines that

any provision of this Agreement cannot be made enforceable, it shall be severed without affecting

the validity or enforceability of any other provision of this Agreement. Without limiting

the generality of the foregoing, if any one or more of the provisions contained in this Agreement

is determined by a court of competent jurisdiction to be excessively broad as to duration,

geographical area, scope, activity, or subject, or is unreasonable or unenforceable under

applicable law, such provisions will be construed by limiting, reducing, modifying, or amending

them so as to be enforceable to the maximum extent permitted by such applicable law. If this

Agreement is held unenforceable to any extent in any jurisdiction, such holding will not

impair the enforceability of the Agreement in any other jurisdiction.

e. The

obligations contained in Sections 2 and 3 above shall survive and continue in full force

and effect regardless of the termination or expiration of the Employment or Employee’s

access to any Confidential Information or information which would qualify as a trade secret

by law.

f. It

is agreed and understood that if a court of law finds that Employee has violated Section

4 and/or Section 5 of this Agreement, then the restrictions set forth in such section(s)

shall automatically be extended for any period of time for which the court finds that Employee

violated such restrictions.

g. Employee

consents to notification by Company and/or Company Group to any person or entity, including

without limitation any subsequent employer of Employee, about Employee’s obligations

under this Agreement.

8. Equitable

Relief.

a. Employee

acknowledges and agrees that Company and/or Company Group would be irreparably injured by

Employee’s breach of this Agreement and that monetary remedies would be inadequate

to protect against any actual or threatened breach of this Agreement. Without prejudice to

any other rights and remedies otherwise available to Company or Company Group, Employee agrees

to the granting of equitable relief, including injunctive relief and specific performance,

in favor of Company and/or Company Group without proof of actual damages to remedy or prevent

any such breach.

9. Governing

Law and Venue.

a. This

Agreement shall be governed by and construed under the laws of the state of New Jersey without

regard to its conflicts of law principles. It is agreed that any dispute hereunder shall

be adjudicated by a federal or state court of law in New Jersey. It is agreed that each party

irrevocably consents to the exercise of personal jurisdiction over such party by such courts,

agrees that venue shall be proper in such courts, and irrevocably waives and releases any

and all defenses based on lack of personal jurisdiction, improper venue or forum non conveniens.

10. Notice.

a. All

notices and other communications under this Agreement shall be in writing and shall be given

in person, by email, or by certified or registered mail, and shall be deemed to have been

duly given twenty-four (24) hours after transmission of an email, three (3) days after sending

a notice by certified or registered mail, or immediately upon delivery in person or explicit

confirmation of receipt.

11. Assignment;

Third Party Beneficiaries.

a. Employee

agrees that Company shall have the right to assign its rights and obligations under this

Agreement to any individual, entity, corporation, or partnership that succeeds to all or

a portion of the relevant business or assets of Company and that such individual, entity,

corporation, or partnership is expressly authorized to enforce this Agreement. This Agreement

is personal to Employee, and Employee may not assign Employee’s rights or obligations

under this Agreement to any third party.

b. Employee

agrees that each and every entity in the Company Group shall be a third-party beneficiary

of this Agreement and Employee’s obligations, covenants, and promises hereunder are

for their benefit and each such entity shall be entitled to enforce such obligations, covenants,

and promises as if a party hereto.

WITNESS WHEREOF, Company has caused this Agreement to be executed by its duly authorized officer, and Employee has signed this Agreement,

as of the date written below.

/s/ Jonathan Reich

/s/ Yi Tsai

JONATHAN REICH

ZEDGE, INC.

Authorized Representative

October 14, 2026

Date

EXHIBIT

LIST OF PRIOR INVENTIONS (as defined

in Section 2.d.)

Date

Title

Identifying

Name, Number, or Brief Description

No Prior Inventions

Additional Sheets Attached

Date: October 14, 2026

/s/ Jonathan Reich

Jonathan Reich

XML — IDEA: XBRL DOCUMENT

XML

Filename: R1.htm · Sequence: 7

v3.26.3

Cover

Oct. 19, 2026

Cover [Abstract]

Document Type

8-K

Amendment Flag

false

Document Period End Date

Oct. 19, 2026

Entity File Number

1-37782

Entity Registrant Name

Zedge, Inc.

Entity Central Index Key

0001667313

Entity Tax Identification Number

26-3199071

Entity Incorporation, State or Country Code

Entity Address, Address Line One

1178 Broadway

Entity Address, Address Line Two

Ste. 1450 (3rd Floor)

Entity Address, City or Town

New York

Entity Address, State or Province

Entity Address, Postal Zip Code

10001

City Area Code

330

Local Phone Number

577-3424

Written Communications

false

Soliciting Material

false

Pre-commencement Tender Offer

false

Pre-commencement Issuer Tender Offer

false

Title of 12(b) Security

Class B common stock, par value $0.01 per share

Trading Symbol

ZDGE

Security Exchange Name

NYSEAMER

Entity Emerging Growth Company

false

- Definition

Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.

+ References

No definition available.

+ Details

Name:

dei_AmendmentFlag

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Area code of city

+ References

No definition available.

+ Details

Name:

dei_CityAreaCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Cover page.

+ References

No definition available.

+ Details

Name:

dei_CoverAbstract

Namespace Prefix:

dei_

Data Type:

xbrli:stringItemType

Balance Type:

Period Type:

duration

- Definition

For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

+ References

No definition available.

+ Details

Name:

dei_DocumentPeriodEndDate

Namespace Prefix:

dei_

Data Type:

xbrli:dateItemType

Balance Type:

Period Type:

duration

- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

+ References

No definition available.

+ Details

Name:

dei_DocumentType

Namespace Prefix:

dei_

Data Type:

dei:submissionTypeItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 1 such as Attn, Building Name, Street Name

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine1

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 2 such as Street or Suite number

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine2

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the City or Town

+ References

No definition available.

+ Details

Name:

dei_EntityAddressCityOrTown

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Code for the postal or zip code

+ References

No definition available.

+ Details

Name:

dei_EntityAddressPostalZipCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the state or province.

+ References

No definition available.

+ Details

Name:

dei_EntityAddressStateOrProvince

Namespace Prefix:

dei_

Data Type:

dei:stateOrProvinceItemType

Balance Type:

Period Type:

duration

- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityCentralIndexKey

Namespace Prefix:

dei_

Data Type:

dei:centralIndexKeyItemType

Balance Type:

Period Type:

duration

- Definition

Indicate if registrant meets the emerging growth company criteria.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityEmergingGrowthCompany

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

+ References

No definition available.

+ Details

Name:

dei_EntityFileNumber

Namespace Prefix:

dei_

Data Type:

dei:fileNumberItemType

Balance Type:

Period Type:

duration

- Definition

Two-character EDGAR code representing the state or country of incorporation.

+ References

No definition available.

+ Details

Name:

dei_EntityIncorporationStateCountryCode

Namespace Prefix:

dei_

Data Type:

dei:edgarStateCountryItemType

Balance Type:

Period Type:

duration

- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityRegistrantName

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityTaxIdentificationNumber

Namespace Prefix:

dei_

Data Type:

dei:employerIdItemType

Balance Type:

Period Type:

duration

- Definition

Local phone number for entity.

+ References

No definition available.

+ Details

Name:

dei_LocalPhoneNumber

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

+ Details

Name:

dei_PreCommencementIssuerTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

+ Details

Name:

dei_PreCommencementTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Title of a 12(b) registered security.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

+ Details

Name:

dei_Security12bTitle

Namespace Prefix:

dei_

Data Type:

dei:securityTitleItemType

Balance Type:

Period Type:

duration

- Definition

Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

+ Details

Name:

dei_SecurityExchangeName

Namespace Prefix:

dei_

Data Type:

dei:edgarExchangeCodeItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

+ Details

Name:

dei_SolicitingMaterial

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Trading symbol of an instrument as listed on an exchange.

+ References

No definition available.

+ Details

Name:

dei_TradingSymbol

Namespace Prefix:

dei_

Data Type:

dei:tradingSymbolItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

+ Details

Name:

dei_WrittenCommunications

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration