{"schema_version":"secwatch.filing_event.v1","accession":"0001002638-26-000048","form_type":"8-K","ticker":"OTEX","cik":"0001002638","company_name":"OPEN TEXT CORP","filed_at":"2026-05-11T13:01:25+00:00","discovered_at":"2026-05-11T14:49:57.127956+00:00","generated_at":"2026-05-11T18:21:23.590977+00:00","sec_items":["8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"OpenText sells Vertica to Rocket Software for $150M cash; proceeds to reduce debt","bullets":["Divestiture of non-core structured data analytics platform Vertica completed.","US$150 million in cash before taxes, fees, and adjustments.","Net proceeds intended to reduce outstanding debt.","CEO Ayman Antoun says deal aligns with non-core divestiture strategy."],"urls":{"canonical":"https://secwatch.observer/filing/0001002638-26-000048","json":"https://secwatch.observer/filing/0001002638-26-000048.json","markdown":"https://secwatch.observer/filing/0001002638-26-000048.md","text":"https://secwatch.observer/filing/0001002638-26-000048.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1002638/000100263826000048/0001002638-26-000048-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1002638/000100263826000048/otex-20260511.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-11T18:21:23.590977+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}