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Cover
Jul. 09, 2025
Cover [Abstract]  
Document Type 8-K/A
Document Period End Date Jul. 09, 2025
Registrant Name Open Text Corp
Entity Incorporation, State or Country Code Z4
Entity File Number 0-27544
Entity Tax Identification Number 98-0154400
Entity Address, Address Line One 275 Frank Tompa Drive
Entity Address, City or Town Waterloo
Entity Address, State or Province ON
Entity Address, Country CA
Entity Address, Postal Zip Code N2L 0A1
City Area Code 519
Local Phone Number 888-7111
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common Stock without par value
Trading Symbol OTEX
Security Exchange Name NASDAQ
Entity Emerging Growth Company false
Central Index Key 0001002638
Amendment Flag true
Amendment Description Explanatory NoteThis Amendment No. 1 to the Current Report on Form 8-K (this “Amendment”) amends Item 5.02 of Open Text Corporation’s (“OpenText” or the “Company”) Current Report on Form 8-K filed on July 9, 2025 (the “Original Form 8-K”). This Amendment should be read in conjunction with the Original Form 8-K. Except as set forth below, the Original Form 8-K remains unchanged.Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.On July 9, 2025, the Company announced that effective August 15, 2025, Cosmin Balota, OpenText’s SVP, Chief Accounting Officer, will also serve as Chief Financial Officer on an interim basis.Effective August 15, 2025, Mr. Balota will receive an additional premium of C$4,688 (less applicable deductions) per pay period, above and beyond his current base salary during the time he is serving in the interim role of Chief Financial Officer. Mr. Balota will also: (i) receive a completion bonus of C$100,000 payable three-months following his service as Chief Financial Officer on an interim basis, and (ii) be granted 20,000 stock options under the Company’s stock option plan. The options will vest over a four year period in the amounts as follows: 25% on the first anniversary the stock option grant date, 25% on the second anniversary, 25% on the third anniversary, and the final 25% on the fourth anniversary of the stock option grant date. No other changes to the terms of his employment will result from Mr. Balota serving in the interim Chief Financial Officer role for OpenText.