Rimini Street ordered to pay Oracle $58.5M in Rimini II fees; appeals

Rimini Street, Inc.

District Court awarded Oracle $58.5M in attorneys' fees and costs; payment due by October 23, 2024.
Oracle had requested ~$70.6M; Rimini argued ~$14.5M or no fees owed.
Rimini filed a notice of appeal on September 24, 2024, and reserves all appellate rights.
Company expects to make payment on or before the due date while pursuing appeal.

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