{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-096505","form_type":"8-K/A","ticker":"OTEX","cik":"0001002638","company_name":"OPEN TEXT CORP","filed_at":"2023-04-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.529462+00:00","generated_at":"2026-06-17T03:58:40.676669+00:00","sec_items":["9.01","2.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"OpenText closes Micro Focus acquisition; pro forma net loss of $485M for H1 FY2023","bullets":["Pro forma combined revenues: $3.0B for H1 Dec 2022, $6.2B for FY2022.","Pro forma net loss (attributable to OpenText): $484.8M for H1; net income $230.3M for FY2022.","Pro forma diluted EPS: ($1.80) for H1; $0.85 for FY2022 (vs. standalone OpenText $1.46).","Total purchase price ~$6.1B; funded by $3.585B term loan, $1B 6.90% notes due 2027, and $450M revolver.","Micro Focus' $3.9B debt repaid; combined long-term debt $8.6B at Dec 31, 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-096505","json":"https://secwatch.observer/filing/0001193125-23-096505.json","markdown":"https://secwatch.observer/filing/0001193125-23-096505.md","text":"https://secwatch.observer/filing/0001193125-23-096505.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1002638/000119312523096505/0001193125-23-096505-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1002638/000119312523096505/d470365d8ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T03:58:40.676669+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":[{"claim_id":"49e494f49b117c115a2448d8465df7e31c86efd4","claim":"OPEN TEXT CORP completed an acquisition involving Micro Focus International Limited for 532 pence per share in cash, resulting in an aggregate purchase price of approximately $5.8 billion.","evidence_excerpt":"a provider of software technology and services that help customers accelerate digital transformation, through a subsidiary of the Company, Open Text UK Holding Limited, for 532 pence per share in cash, resulting in an aggregate purchase price of approximately $5.8 billion, inclusive of Micro Focus’ cash and debt, subject to final adjustments (the","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1002638/000119312523096505/0001193125-23-096505-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"Micro Focus International Limited"},{"label":"Consideration","value":"532 pence per share in cash, resulting in an aggregate purchase price of approximately $5.8 billion"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}