On June 26, 2020, RBF Capital LLC announced that it has entered into a Settlement and Voting Agreement with Asta Funding, Inc. on June 25, 2020. RBF Capital stated that pursuant to the terms of the Voting Agreement, it has, among other things, agreed to vote the shares of Common Stock of the Company beneficially owned by RBF Capital, or that may become beneficially owned by it during the term of the Voting Agreement, in favor of adopting of the Agreement and Plan of Merger, dated April 8, 2020, by and among the Company, Asta Finance Acquisition Inc and Asta Finance Acquisition Sub Inc., as amended by Amendment No. 1 to the Agreement and Plan of Merger, dated June 25, 2020, and any other matters necessary for consummation of the Merger and the other transactions contemplated by the Amended Merger Agreement.