iPic Entertainment Inc. announced that effective November 15, 2019, each of Hamid Hashemi, Paul Safran, Andre Loehrer and Clark Woods resigned as executive officers of the Company. Effective upon the Closing, the Board reduced its size to three directors and Hamid Hashemi and Robert Kirby resigned as directors of the Company. William Nolan, of FTI Consulting Inc., the Company’s financial advisor, will continue to serve as the Company’s Chief Restructuring Officer.