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Paycor HCM, Inc (PYCR) Launches 12M Share Secondary Stock Offering

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

October 12, 2021 4:30 PM EDT

CINCINNATI, Oct. 12, 2021 (GLOBE NEWSWIRE) -- Paycor HCM, Inc. (Paycor) (NASDAQ: PYCR) today announced the commencement of a public offering of its common stock by certain selling stockholders (the Offering). The selling stockholders are offering 12,000,000 shares of Paycors common stock pursuant to a registration statement on Form S-1 (the Registration Statement) filed with the Securities and Exchange Commission (the SEC). The selling stockholders intend to grant the underwriters a 30-day option to purchase up to an additional 1,800,000 shares of Paycors common stock. The Offering is subject to market and other conditions, and... More