On November 7, 2019, the Board of Directors of Zedge, Inc. accepted the resignation of Elliot Gibber from the Board of Directors, it's Audit Committee, Compensation Committee, Corporate Governance Committee and Nominating Committee. Effective November 7, 2019, Michael Jonas resigned as Interim Chief Executive Officer of the Company, but remains as a member of the Board of Directors and as Executive Chairman of the Company. The Board of Directors of the Company appointed Elliot Gibber, to serve as Interim Chief Executive Officer effective November 7, 2019.

Elliot Gibber was a member of the Board of Directors of the Company from January 17, 2018 to November 7, 2019.