As previously disclosed on February 9, 2020, Elevate Entertainment Inc., Elevate Acquisition Corporation and Evans & Sutherland Computer Corporation entered into an Agreement and Plan of Merger. Effective on April 6, 2020, each of Michael Campbell, Tim Pierce, William Schneider, Jonathan Shaw and William E. Stringham resigned from the company's Board of Directors. The resignations were not the result of any disagreement with the Company.

Following the Merger and pursuant to the terms of the Merger Agreement, at the effective time of the Merger on April 6, 2020, the size of the company Board was reduced to one member and Stephen T. Winn was appointed as the sole member of the company Board. Following the Merger and pursuant to the terms of the Merger Agreement, at the effective time of the Merger on April 6, 2020, the officers of Purchaser immediately prior to the effective time of the Merger became the officers of the Company following the effective time, with Jeb Terry Jr. appointed as Chief Executive Officer and President of the company and Shaun Miller appointed as Secretary of the company.