Ecoark Holdings, Inc. announced that Board of Directors fixed the number of directors at five and appointed Henry Nisser as a director to fill the vacancy. In connection with and effective upon the Closing, Mr. Nisser was also appointed as President and General Counsel of the Company. Mr. Nisser has served as a director of AAI since September 17, 2020 and was appointed as AAI's Executive Vice President and General Counsel on May 1, 2019.

On January 19, 2021, Mr. Nisser resigned as Executive Vice President and was appointed as AAI's President. Mr. Nisser is the Executive Vice President and General Counsel of Avalanche International Corp. Mr. Nisser has served as the President, General Counsel and on the board of directors of ADTC, an NYSE listed SPAC, since its incorporation in February 2021.

From December 15, 2021 through March 16, 2022, Mr. Nisser served as Chief Executive Officer and on the board of directors of Imperalis Holding Corp. Mr. Nisser has served on the board of directors of Alzamend Neuro, Inc., a biotechnology firm dedicated to finding the treatment, prevention and cure for Alzheimer's Disease, since September 1, 2020 and has served as its Executive Vice President and General Counsel since May 1, 2019. From October 31, 2011 through April 26, 2019, Mr. Nisser was an associate and subsequently a partner with Sichenzia Ross Ference LLP, a law firm based in New York City.