Paycor HCM Raised $425.5M Via IPO At $23 Per Share, Trading Begins Today

by Anusuya Lahiri, Benzinga Editor
July 21, 2021 6:34 AM | 22 seconds read |
  • Human Capital Management (HCM) software creator Paycor HCM Inc PYCR priced 18.5 million shares at $23 per share in its initial public offering.
  • The estimated gross proceeds from the IPO are $425.5 million.
  • The shares are likely to begin trading on the Nasdaq under the ticker symbol "PYCR" today. 
  • The underwriters have a 30-day option to purchase additional shares up to 2.8 million.
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