Skillz Platform is trading 6.25% up now at $8.84 after an Israeli court rejected Papaya Gaming’s proposed creditor vote and demanded a stronger repayment plan.
- Skillz Platform, Papaya’s largest creditor, is seeking approximately $730 million.
- The revised plan must include funding beyond operating profits, potentially improving recovery prospects.
- The broader software sector is also rallying, but the ruling is the clearest company-specific catalyst.