On November 18, 2020, Ed Verona resigned as a member of the Board of Directors of Trident Acquisitions Corp., effective immediately. On November 18, 2020, the remaining members of the Board appointed Marat Rosenberg to the Board as its Chairman, as well as appointed Mr. Rosenberg to the audit committee, compensation committee and nominating committee of the Board. Additionally, on November 18, 2020, Vadim Komissarov resigned as President of the Company. On November 18, 2020, the remaining members of the Board appointed Ed Verona as President of the Company. Marat Rosenberg has 25 years of experience in capital markets, investment and management of multinational private and publicly traded companies focusing on finance, technology, energy and entertainment. Mr. Rosenberg has participated in bringing over 50 companies public and has been both a fintech investor and operator. He is currently the Managing Partner of HFG Partners, LLC.