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Rimini Street Inc (RMNI.OQ)

RMNI.OQ on NASDAQ Stock Exchange Global Market

5.36USD
16 Jan 2019
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Latest Key Developments (Source: Significant Developments)

Rimini Street Expands Investment & Operations In Asia-Pacific
Thursday, 15 Nov 2018 

Nov 15 (Reuters) - Rimini Street Inc ::RIMINI STREET EXPANDS INVESTMENT AND OPERATIONS IN ASIA-PACIFIC.RIMINI STREET INC - LAUNCHES SUBSIDIARY IN NEW ZEALAND, HIRES STAFF & OPENS NEW OFFICE IN AUCKLAND.  Full Article

Appellate Court To Consider Rimini Street Appeal Of Injunction
Friday, 9 Nov 2018 

Rimini Street Inc ::APPELLATE COURT TO CONSIDER RIMINI STREET APPEAL OF INJUNCTION.RIMINI STREET, IN RESPONSE TO RECENT COURT RULING ON MOTION TO STAY INJUNCTION, SAYS APPELLATE COURT TO CONSIDER RIMINI STREET APPEAL OF INJUNCTION.  Full Article

Rimini Street Seeks Additional $41.3 Million From Oracle In Further Appeals
Wednesday, 22 Aug 2018 

Aug 22 (Reuters) - Rimini Street Inc ::RIMINI STREET RECEIVES COURT-ORDERED $21.5 MILLION REFUND FROM ORACLE AND SEEKS AN ADDITIONAL $41.3 MILLION IN FURTHER APPEALS.RIMINI STREET INC - NO LIMIT ON SALE OR DELIVERY OF ANY SERVICES FOR ORACLE PRODUCTS.RIMINI STREET - PURSUING APPEAL TO COURT FOR REFUND OF $12.8 MILLION FROM ORACLE FOR NON-TAXABLE COSTS.RIMINI STREET INC - COMPLIANCE WITH INJUNCTION WILL INCREASE AMOUNT OF LABOR REQUIRED TO COMPLETE SUPPORT DELIVERABLES FOR SOME CLIENTS.RIMINI STREET INC - SOUGHT A STAY OF INJUNCTION PENDING APPEAL.RIMINI STREET - $28.5 MILLION PAID BY CO IN 2016 WAS BEING HELD IN ESCROW BY ORDER OF COURT & WILL BE RELEASED FROM ESCROW TO ORACLE.RIMINI STREET - COMPLIANCE WITH INJUNCTION WILL INCREASE AMOUNT OF LABOR REQUIRED, THEREBY COSTING CO BETWEEN $1 MILLION AND $4 MILLION PER YEAR.RIMINI STREET INC - AUG 14, 2018 ORDER DOES NOT REQUIRE ANY NEW OR ADDITIONAL PAYMENTS BY CO.  Full Article

Rimini Street Announces $140 Million Refinancing
Monday, 18 Jun 2018 

June 18 (Reuters) - Rimini Street Inc ::RIMINI STREET ANNOUNCES $140 MILLION REFINANCING.RIMINI STREET INC - ENTERED INTO A BINDING AGREEMENT WITH A SYNDICATE OF INVESTORS.RIMINI STREET - DEAL TO REFINANCE CURRENT CREDIT FACILITY WITH ISSUANCE OF $140 MILLION OF SERIES A CONVERTIBLE PREFERRED STOCK & 2.9 MILLION SHARES OF STOCK.RIMINI STREET INC - TRANSACTION EXTENDS EXPECTED FINANCING MATURITY FROM 2020 FOR CURRENT CREDIT FACILITY TO 2023 FOR NEW FINANCING.  Full Article

Rimini Street posts Q3 loss per share ‍$0.09​
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Rimini Street Inc :Rimini Street announces fiscal third quarter 2017 financial results.Q3 revenue rose 32 percent to $53.6 million.Rimini Street Inc - sees ‍full year 2017 net revenue to be in range of $204 million to $210 million​.Rimini Street Inc - qtrly loss per share ‍$0.09​.  Full Article