Firy Inc.· FIRY

Israeli Court Says Papaya Gaming Should Improve Its Debt Settlement Proposal to Repay $730 Million to Skillz, a FIRY (NYSE: FIRY) Company, and Declines to Send It to a Creditor Vote

LAS VEGAS--(BUSINESS WIRE)--Firy Inc. (NYSE: FIRY) (“FIRY”) today provided an update on proceedings that were initiated by Papaya Gaming Ltd. and its U.S. subsidiary (together: "Papaya") pursuant to the Israeli Insolvency Act in the District Court of Tel Aviv-Jaffa, in which FIRY's wholly owned subsidiary, Skillz Platform Inc. (“Skillz”), is Papaya's largest creditor. On August 26, 2026, Judge Lushi-Abudi rejected Papaya's motion to convene creditors' meetings in order to vote on its proposed d.