Paycor Announces Upsize and Pricing of Offering of Common Stock by Selling Stockholders

CINCINNATI, Dec. 02, 2022 (GLOBE NEWSWIRE) — Paycor HCM, Inc. (Nasdaq: PYCR) (“Paycor”), a leading provider of human capital management (HCM) software, today announced the upsize and pricing of the previously announced underwritten public offering of its common stock by investment funds advised by Apax Partners LLP at a price to the public of $28.60 per share. The size of the offering increased from the previously announced 5,000,000 shares of common stock to an aggregate of 6,000,000 shares of common stock. The offering consists of 4,238,329 shares offered by Pride Feeder, L.P. and 1,761,671 shares offered by AIX Pride Syndication, L.P., respectively. Each of the selling stockholders are controlled by investment funds advised by Apax Partners LLP. Paycor will not receive any of the proceeds from the sale of the shares being offered by the selling stockholders but will bear the costs associated with the sale of such shares, other than any underwriting discounts and commissions. The offering is expected to close on December 6, 2022, subject to customary closing conditions.

Paycor Announces Offering of Common Stock by Selling Stockholders

CINCINNATI, Dec. 01, 2022 (GLOBE NEWSWIRE) — Paycor HCM, Inc. (Nasdaq: PYCR) (“Paycor”), a leading provider of human capital management (HCM) software, today announced the commencement of an underwritten public offering of 5,000,000 shares of common stock on behalf of investment funds advised by Apax Partners LLP. The offering consists of 3,531,941 shares offered by Pride Feeder, L.P. and 1,468,059 shares offered by AIX Pride Syndication, L.P., respectively. Each of the selling stockholders are controlled by investment funds advised by Apax Partners LLP. Paycor will not receive any of the proceeds from the sale of the shares being offered by the selling stockholders but will bear the costs associated with the sale of such shares, other than any underwriting discounts and commissions.

Paycor to Present at the Credit Suisse 26th Annual Technology Conference

CINCINNATI, Nov. 21, 2022 (GLOBE NEWSWIRE) — Paycor HCM, Inc. (Nasdaq: PYCR) (“Paycor”), a leading provider of human capital management (HCM) software, today announced that the company will participate in the Credit Suisse 26th Annual Technology Conference in Scottsdale, Arizona. The presentation is scheduled for Tuesday, November 29, 2022 at 11:40 am Mountain Time (1:40 pm Eastern Time).

Paycor Announces New Appointment to its Board of Directors

CINCINNATI, Oct. 28, 2022 (GLOBE NEWSWIRE) — Paycor HCM, Inc. (Nasdaq: PYCR) (“Paycor”), a leading provider of human capital management (HCM) software, today announced the appointment of Jeremy Rishel to its Board of Directors, effective immediately following the adjournment of the Annual Meeting of Stockholders on October 26, 2022. Mr. Rishel is currently the Chief Technology Officer at SoFi. In this role, Jeremy oversees SoFi’s technology strategy and architecture and serves as the Head of Engineering, Product, and Design. Jeremy brings nearly 30 years of experience in technology and engineering, including significant cybersecurity expertise. He holds bachelor’s degrees in computer science and philosophy from Massachusetts Institute of Technology (MIT) and an MBA from MIT’s Sloan School of Management. At this time, Mr. Rishel has not been appointed to serve on any Board committees.