Rimini Street settles Oracle contempt proceedings for $9.7M payment

Rimini Street, Inc.

Paid $9.7M to Oracle on Dec 7, 2023 to resolve motion for attorneys' fees and costs related to contempt proceedings.
Original Oracle motion sought ~$12.2M; settlement reduces amount by ~$2.5M.
District Court withdrew Oracle's motion per joint stipulation; Rimini foregoes remaining appellate rights.
All matters from July 2020 contempt proceeding now resolved.

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