{"version":"company-facts.v1","source":"https://secwatch.observer","generated_at":"2026-07-12T05:40:53.322807+00:00","company":{"ticker":"OTEX","cik":1002638,"company_name":"OPEN TEXT CORP"},"pagination":{"limit":100,"returned":45,"next_cursor":null},"license":"Source filings: public domain (SEC EDGAR). 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Guidance raised.","evidence_excerpt":"of any general incorporation language in such filing. \n\n--- EX-99.1 (EX-99.1) ---\n\nOpenText Reports Second Quarter Fiscal Year 2024 Financial Results Record Total Revenues of $1.535 billion Up 71% Y/Y Record Enterprise Cloud Bookings Fiscal 2024 Second Quarter Highlights Total Revenues (in millions) Annual Recurring Revenues (in millions) Cloud Revenues (in","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001002638-24-000004","anchor_url":"https://secwatch.observer/filing/0001002638-24-000004#claim-8c4f95d26dc579a3d4b526ebba50e1a900a40dc3","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1002638/000100263824000004/0001002638-24-000004-index.htm"},{"fact_type":"debt_financing","fact_key":"0b5d96fa10f01336351ad2d5a0a4ef25759d1ad0","cik":1002638,"ticker":"OTEX","company_name":"OPEN TEXT CORP","filed_at":"2023-12-21T23:59:59+00:00","payload":{"counterparty":"Barclays Bank PLC","effective_date":"2023-12-19","event":"amendment","instrument_type":"credit_facility","interest_rate_text":null,"item_codes_triggered":["2.03"],"maturity_text":"December 19, 2028","principal_text":null},"claim":"OPEN TEXT CORP amended credit facility with Barclays Bank PLC maturing December 19, 2028.","evidence_excerpt":"The Second Amendment amends the Revolver to provide for, among other things, (i) the replacement of OTHI with Open Text Inc. as borrower, (ii) the extension of the Revolver's maturity date from October 31, 2024 to December 19, 2028, and (iii) the removal of the 10-basis point credit spread adjustment for loans bearing interest based on SOFR.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-23-301178","anchor_url":"https://secwatch.observer/filing/0001193125-23-301178#claim-0b5d96fa10f01336351ad2d5a0a4ef25759d1ad0","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1002638/000119312523301178/0001193125-23-301178-index.htm"},{"fact_type":"executive_change","fact_key":"87c076527d","cik":1002638,"ticker":"OTEX","company_name":"OPEN TEXT CORP","filed_at":"2023-12-06T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2023-12-06","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Goldy Hyder was appointed as Director at OPEN TEXT CORP.","evidence_excerpt":"On December 6, 2023, the Board of Directors (the “Board”) of Open Text Corporation (“OpenText”) appointed Goldy Hyder as a director, effective immediately.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001002638-23-000037","anchor_url":"https://secwatch.observer/filing/0001002638-23-000037#claim-87c076527d","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1002638/000100263823000037/0001002638-23-000037-index.htm"},{"fact_type":"material_agreement","fact_key":"bb34fd1c4a1af328c8120a511d275470ff5da6fd","cik":1002638,"ticker":"OTEX","company_name":"OPEN TEXT CORP","filed_at":"2023-11-28T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Purchase Agreement","agreement_type":"asset_purchase","counterparty":"Rocket Software, Inc.","effective_date":"2023-11-28","item_codes_triggered":["1.01"],"value_text":"US$2.275 billion"},"claim":"OPEN TEXT CORP entered into Purchase Agreement with Rocket Software, Inc. valued at US$2.275 billion (effective 2023-11-28).","evidence_excerpt":"On November 28, 2023, Open Text Corporation (“OpenText” or the “Company”) entered into a Purchase Agreement (the “Agreement”) with Rocket Software, Inc. (the “Buyer”), pursuant to which OpenText has agreed to divest, directly and indirectly through certain subsidiaries, its Application Modernization and Connectivity business (the “Business”) and the Buyer has agreed to purchase the same and generally assume all liabilities related to the Business, subject to certain exceptions (such transactions collectively, the “Transaction”), for an all-cash purchase price of US$2.275 billion","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001002638-23-000035","anchor_url":"https://secwatch.observer/filing/0001002638-23-000035#claim-bb34fd1c4a1af328c8120a511d275470ff5da6fd","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1002638/000100263823000035/0001002638-23-000035-index.htm"},{"fact_type":"earnings_release","fact_key":"50df54d42e2cbf58776a6ba03318df787bfccbee","cik":1002638,"ticker":"OTEX","company_name":"OPEN TEXT CORP","filed_at":"2023-11-02T23:59:59+00:00","payload":{"eps_text":"$0.30","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$81 million","period_text":"first quarter ended September 30, 2023","report_date":"2023-11-02","result_type":"reported_results","revenue_text":"$1.425 billion"},"claim":"OPEN TEXT CORP reported first quarter ended September 30, 2023 results: revenue $1.425 billion, net income $81 million, EPS $0.30.","evidence_excerpt":"Constant Currency $1,425 $1,410 $1,149 $1,137 $451 $449 +67.3% +65.4% +59.1% +57.5% +11.5% +10.9% Annual Recurring Revenues represent 81% of Total Revenues • Total revenues of $1.425 billion, up 67.3% Y/Y or up 65.4% in constant currency (CC) • Annual recurring revenues (ARR) of $1,149 million, up 59.1% Y/Y or up 57.5% in CC • Cloud revenues of $451 million, up 11.5%","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001002638-23-000030","anchor_url":"https://secwatch.observer/filing/0001002638-23-000030#claim-50df54d42e2cbf58776a6ba03318df787bfccbee","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1002638/000100263823000030/0001002638-23-000030-index.htm"},{"fact_type":"shareholder_vote","fact_key":"b70812cbb0b99a1ea0355e6b38e784fc92e06b40","cik":1002638,"ticker":"OTEX","company_name":"OPEN TEXT CORP","filed_at":"2023-09-14T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-09-14","outcome":"failed","proposal_text":"Shareholder Advisory Vote on Executive Compensation (Say-on-Pay Vote)","proposal_type":"say_on_pay","results":[{"broker_non_votes":"2,540,188","subject":null,"votes_abstain":null,"votes_against":"153,973,475","votes_for":"64,500,361","votes_withheld":null}]},"claim":"OPEN TEXT CORP shareholders rejected Shareholder Advisory Vote on Executive Compensation (Say-on-Pay Vote) at the 2023-09-14 meeting.","evidence_excerpt":"The results of the non-binding advisory vote on the Company’s approach to executive compensation are set forth below: Votes For Votes Against 64,500,361 (29.52%) 153,973,475 (70.48%) There were 2,540,188 broker non-votes.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001002638-23-000025","anchor_url":"https://secwatch.observer/filing/0001002638-23-000025#claim-b70812cbb0b99a1ea0355e6b38e784fc92e06b40","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1002638/000100263823000025/0001002638-23-000025-index.htm"},{"fact_type":"shareholder_vote","fact_key":"ab2178928aee54694cfa55bd523306dac8d3bc6f","cik":1002638,"ticker":"OTEX","company_name":"OPEN TEXT CORP","filed_at":"2023-09-14T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-09-14","outcome":"passed","proposal_text":"Re-Appointment of Independent 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non-votes.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001002638-23-000025","anchor_url":"https://secwatch.observer/filing/0001002638-23-000025#claim-ab2178928aee54694cfa55bd523306dac8d3bc6f","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1002638/000100263823000025/0001002638-23-000025-index.htm"},{"fact_type":"shareholder_vote","fact_key":"625964d4e7d4fbd28af50c5412a8fce1c1d5e3a3","cik":1002638,"ticker":"OTEX","company_name":"OPEN TEXT CORP","filed_at":"2023-09-14T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-09-14","outcome":"passed","proposal_text":"Election of Directors","proposal_type":"director_election","results":[{"broker_non_votes":"2,540,184","subject":"P. Thomas Jenkins","votes_abstain":null,"votes_against":"22,773,559","votes_for":"195,700,281","votes_withheld":null},{"broker_non_votes":"2,540,184","subject":"Mark J. Barrenechea","votes_abstain":null,"votes_against":"6,956,801","votes_for":"211,517,039","votes_withheld":null},{"broker_non_votes":"2,540,185","subject":"Randy Fowlie","votes_abstain":null,"votes_against":"26,575,130","votes_for":"191,898,709","votes_withheld":null},{"broker_non_votes":"2,540,184","subject":"David Fraser","votes_abstain":null,"votes_against":"24,763,157","votes_for":"193,710,683","votes_withheld":null},{"broker_non_votes":"2,541,972","subject":"Gail E. Hamilton","votes_abstain":null,"votes_against":"67,813,324","votes_for":"150,658,728","votes_withheld":null},{"broker_non_votes":"2,540,184","subject":"Robert Hau","votes_abstain":null,"votes_against":"1,428,678","votes_for":"217,045,162","votes_withheld":null},{"broker_non_votes":"2,541,973","subject":"Ann M. 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Barrenechea Carried by ballot 211,517,039 96.82 % 6,956,801 3.18 % 2,540,184 (c) Randy Fowlie Carried by ballot 191,898,709 87.84 % 26,575,130 12.16 % 2,540,185 (d) David Fraser Carried by ballot 193,710,683 88.67 % 24,763,157 11.33 % 2,540,184 (e) Gail E. Hamilton Carried by ballot 150,658,728 68.96 % 67,813,324 31.04 % 2,541,972 (f) Robert Hau Carried by ballot 217,045,162 99.35 % 1,428,678 0.65 % 2,540,184 (g) Ann M. Powell Carried by ballot 146,732,480 67.16 % 71,739,571 32.84 % 2,541,973 (h) Stephen J. 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The Term Loan Amendment reduces the Applicable Margin (as defined in the Term Loan Credit Agreement) by 0.75% over the remainder of the Term Loan.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-23-211560","anchor_url":"https://secwatch.observer/filing/0001193125-23-211560#claim-cf1929b90dc6b2feaa2311ff8d5987b1ba57ff82","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1002638/000119312523211560/0001193125-23-211560-index.htm"},{"fact_type":"material_agreement","fact_key":"eaf30eb3d47307f62fed698501e011111c6fba56","cik":1002638,"ticker":"OTEX","company_name":"OPEN TEXT CORP","filed_at":"2023-08-14T23:59:59+00:00","payload":{"action":"amendment","agreement_name":"Term Loan Amendment","agreement_type":"credit_facility","counterparty":"Barclays Bank PLC, as administrative agent and collateral agent, and the lenders and subsidiary guarantors party thereto","effective_date":"2023-08-14","item_codes_triggered":["1.01"],"value_text":null},"claim":"OPEN TEXT CORP amended Term Loan Amendment with Barclays Bank PLC, as administrative agent and collateral agent, and the lenders and subsidiary guarantors party thereto (effective 2023-08-14).","evidence_excerpt":"On August 14, 2023, Open Text Corporation (“OpenText” or the “Company”) and certain of its subsidiaries entered into an amendment (the “Term Loan Amendment”) to the Company’s Credit Agreement, dated as of August 25, 2022 (the “Existing Term Loan Credit Agreement\", and as amended, supplemented or otherwise modified as of the effective date of the Term Loan Amendment, including by the Term Loan Amendment, the “Term Loan Credit Agreement”), among the Company, the lenders party thereto, the subsidiary guarantors party thereto and Barclays Bank PLC, as administrative agent and collateral 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