FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Tsai Yi
2. Date of Event Requiring Statement (MM/DD/YYYY)
8/5/2020 

3. Issuer Name and Ticker or Trading Symbol

Zedge, Inc. [ZDGE]
(Last)        (First)        (Middle)

C/O ZEDGE, INC., 22 CORTLANDT STREET, 11TH FLOOR
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                          _____ 10% Owner
___X___ Officer (give title below)        _____ Other (specify below)
CFO & Treasurer /
(Street)

NEW YORK, NY 10007      

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed(MM/DD/YYYY)
 

6. Individual or Joint/Group Filing(Check Applicable Line)

_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Class B Common Stock, par value $.01 per share 4187 I By 401(k) Plan (1)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Employee Stock Option (right to buy) 12/8/2018 10/17/2027 Class B Common Stock 3334 $2.00 D  
Employee Stock Option (right to buy) 12/8/2019 10/17/2027 Class B Common Stock 3333 $2.00 D  
Employee Stock Option (right to buy) 12/8/2020 10/17/2027 Class B Common Stock 3333 $2.00 D  
Employee Stock Option (right to buy) 11/7/2020 11/6/2029 Class B Common Stock 6666 $1.965 D  
Employee Stock Option (right to buy) 11/7/2021 11/6/2029 Class B Common Stock 6666 $1.965 D  
Employee Stock Option (right to buy) 11/7/2022 11/6/2029 Class B Common Stock 6666 $1.965 D  

Explanation of Responses:
(1) As of July 31, 2020.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Tsai Yi
C/O ZEDGE, INC.
22 CORTLANDT STREET, 11TH FLOOR
NEW YORK, NY 10007


CFO & Treasurer

Signatures
Joyce J. Mason, by Power of Attorney8/13/2020
**Signature of Reporting PersonDate

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