Some text layers created in Ps CS4 ME can't be opened in PS 2023

I have some old files in my archives, that were created in Photoshop CS4, Middle Estern Version.

I recently tried to open one on an up-to-date version of PS and was unable to. The error message I received was:

I had the old CS4 CD's and was able to install a version and open the file. Removing layer groups one by one I was finally able to find the culprit(s), a bunch of text layers.

I created a file with just one of those text layers, using the general (non-ME) single-line composer, that PS2023 still refuses to open. The file is attached. It produces a different error message:

Please find whatever's wrong with those files/layers and fix them. 

OS: windows 10, CPU: Intel i5-8400, GPU: Nvidia RTX 2060 super.