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

  • Human Capital Management (HCM) software creator Paycor HCM Inc (NASDAQ: 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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