secwatch.observer — SEC 8-K summary
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Issuer:     OPEN TEXT CORP (OTEX)
CIK:        0001002638
Form:       8-K
Filed at:   2025-12-09T23:59:59+00:00
Accession:  0001002638-25-000101
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OpenText shareholders renew poison pill, elect all 12 directors at 2025 meeting
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- Shareholders approved Amended Rights Plan triggering at 20% ownership (96.42% for).
- All 12 director nominees elected; Randy Fowlie received 87.40% support, Deborah Weinstein 93.24%.
- KPMG re-appointed as auditor with 88.37% of votes cast; say-on-pay passed at 89.85%.
- Rights plan extended to 2028 annual meeting unless shareholders ratify earlier; no substantive changes.
- 85.84% of outstanding shares represented at the virtual annual meeting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1002638/000100263825000101/0001002638-25-000101-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1002638/000100263825000101/otex-20251209.htm
  HTML page:      https://secwatch.observer/filing/0001002638-25-000101

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer