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COMMITMENTS AND CONTINGENCIES
6 Months Ended
Mar. 31, 2022
COMMITMENTS AND CONTINGENCIES [Abstract]  
COMMITMENTS AND CONTINGENCIES
(4) COMMITMENTS AND CONTINGENCIES

On January 21, 2022, purported stockholders of AspenTech filed a complaint in the Southern and Eastern Districts of New York alleging that disclosures contained within Newco’s registration statement on Form S-4 are incomplete.  Newco intends to defend the case vigorously and believes it will ultimately prevail.  The complaint is captioned: Ciccotelli v. Aspen Technology, Inc. et al., Case 22-cv-00581 (S.D.N.Y.). The plaintiff seeks various remedies, including among other things, injunctive relief to prevent the consummation of the Transactions, unless certain allegedly material information is disclosed.