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Stock impact report

Paycor HCM, Inc. Announces Pricing of Secondary Offering of Common Stock by Selling Stockholders

Paycor HCM, Inc. (PYCR) 
Company Research Source: GlobeNewswire
CINCINNATI, Oct. 15, 2021 (GLOBE NEWSWIRE) -- Paycor HCM, Inc. (Paycor) (NASDAQ: PYCR) today announced the pricing of a public offering of 12,000,000 shares of common stock by certain selling stockholders (the “Offering”) that was previously announced, at a public offering price of $32.00 per share. In addition, the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 1,800,000 shares of Paycor’s common stock. The Offering is expected to close on October 19, 2021, subject to customary closing conditions. Paycor will not receive any proceeds from the sale of the shares by the selling stockholders. Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC are acting as lead bookrunning managers for the Offering. Jefferies LLC, Credit Suisse Securities (USA) LLC and Deutsche Bank Securities Inc. are also acting as book-running managers for the Offering. Robert W. Baird & Co. Incorporated, Cowen and Company, LLC, JMP Securities, LLC, Needham Show less Read more
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