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    ZDGE   US98923T1043

ZEDGE, INC.

(ZDGE)
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ZEDGE, INC. : Regulation FD Disclosure, Financial Statements and Exhibits (form 8-K)

08/06/2021 | 04:32pm EDT

Item 7.01 Regulation FD.

Zedge, Inc. (the "Company") consummated the acquisition of substantially all of the assets of Emojipedia Pty Ltd (the "Seller"), a proprietary company organized under the laws of Australia. The acquisition was consummated pursuant to an Asset Purchase Agreement dated as of August 1, 2021. The total purchase price of the assets is not expected to exceed US$7 million. US$4.8 million was paid at closing and the balance will be determined based on an incentive structure linked to EBITDA generated from emojipedia.org during the first four month period following the closing and paid out on the six-month and twelve month anniversary of the Closing.

The assets purchased include emojipeida.org, a set of smaller websites, a bank of emoji related URLs and other assets related to the Seller's business, including World Emoji Day, the annual World Emoji Awards, and Emojitracker.

A copy of the press release issued by the Company concerning the acquisition is furnished herewith as Exhibit 99.1 and is incorporated herein by reference.

The Registrant is furnishing the information contained in this Report, including Exhibit 99.1, pursuant to Item 7.01 of Form 8-K promulgated by the Securities and Exchange Commission (the "SEC"). This information shall not be deemed to be "filed" with the SEC or incorporated by reference into any other filing with the SEC. In addition, the Presentations contain statements intended as "forward-looking statements" that are subject to the cautionary statements about forward-looking statements set forth in the Presentations.

Item 9.01 Financial Statements and Exhibits.




 (d) Exhibits.




Exhibit No.   Document
99.1            Press Release of the Registrant dated August 3, 2021.




                                       1

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Financials (USD)
Sales 2021 18,9 M - -
Net income 2021 6,26 M - -
Net Debt 2021 - - -
P/E ratio 2021 30,9x
Yield 2021 -
Capitalization 197 M 197 M -
Capi. / Sales 2021 10,4x
Capi. / Sales 2022 8,69x
Nbr of Employees 52
Free-Float 82,2%
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Technical analysis trends ZEDGE, INC.
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Mean consensus OUTPERFORM
Number of Analysts 1
Last Close Price 13,92 $
Average target price 27,00 $
Spread / Average Target 94,0%
EPS Revisions
Managers and Directors
Jonathan Reich President & Chief Executive Officer
Yi Tsai Chief Financial Officer & Treasurer
Michael C. Jonas Executive Chairman
Mark Ghermezian Lead Independent Director
Elliot Gibber Independent Director
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