Filing Details

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13D

 

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

(Amendment No. 1)

 

ZEDGE, INC.

(Name of Issuer)

 

Class B Common Stock, par value $0.01 per share

(Title of Class of Securities)

 

98923T104

(CUSIP Number)

 

Howard S. Jonas

520 Broad Street

Newark, NJ 07102

(973) 438-1000

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

 

October 25, 2016

(Date of Event which Requires Filing of this Statement)

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this statement because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box:  ☐

 

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the act (however, see the Notes).

 

 

 

SCHEDULE 13D

 

1	NAME OF REPORTING PERSON   Howard S. Jonas   I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)  ☐ (b)  ☒
3	SEC USE ONLY
4	SOURCE OF FUNDS   N/A
5	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)	☐
6	CITIZENSHIP OR PLACE OF ORGANIZATION   United States

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH

7    SOLE VOTING POWER                 142,867   8    SHARED VOTING POWER                 -0-   9    SOLE DISPOSITIVE POWER                 142,867   10    SHARED DISPOSITIVE POWER                 -0-

11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON   142,867
12	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES	☒
13	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)   1.1%
14	TYPE OF REPORTING PERSON   IN

 

 

SCHEDULE 13D

 

Item 1. Security and Issuer

 

The class of equity securities to which this Statement relates is shares of Class B common stock, par value $.01 per share (the “Shares”), of Zedge, Inc., a Delaware corporation (the “Company”).  The principal executive offices of the Company are located at 22 Cortlandt Street,14th Floor, New York, NY 10007.

 

Item 2. Identity and Background

 

Mr. Howard S. Jonas. 520 Broad St., Newark, NJ 07102. Mr. Jonas is the Chairman of the Board of the Company.

 

During the last five years, Mr. Jonas has not been convicted in a criminal proceeding. During the last five years, Mr. Jonas was not a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and is not subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws, nor a finding of any violation with respect to such laws. Mr. Jonas is a United States citizen.

 

Item 3. Source and Amount of Funds or Other Consideration

 

Not applicable

 

Item 4. Purpose of Transaction

 

Not applicable.

 

Item 5. Interest in Securities of the Issuer

 

As of the date hereof, Mr. Jonas is the beneficial owner of 142,867 shares of the Company’s Class B common stock consisting of: (i) 74,397 shares held by Howard Jonas directly; (ii) an aggregate of 2,590 shares held in custodial accounts for the benefit of certain children of Howard Jonas (of which Howard Jonas is the custodian) and (iii) 65,880 shares of Class B Common Stock owned by the Jonas Foundation. This does not include 64,781 shares of Class B Common Stock owned by the Howard S. and Deborah Jonas Foundation, Inc., as Howard Jonas does not beneficially own these shares. The foregoing also does not include 53,333 shares of the Company’s Class B Common Stock owned by the 2012 Jonas Family, LLC (Mr. Jonas is a minority equity holder of such entity).

 

This number represents approximately 1.1% of the issued and outstanding Shares and 0.6% of the combined voting power of our outstanding capital stock, based on 9,387,953 shares issued and outstanding as of October 11, 2016.

 

Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer  

 

Not applicable.

 

Item 7. Material to be Filed as Exhibits

 

Not applicable.

 

 

SIGNATURES

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

Dated: November 4, 2016

 

/s/ Howard S. Jonas
Howard S. Jonas

 

 

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