PYCR News

IPO activity continued at a record pace this past week with 19 IPOs, marking the fourth week in 2021 with at least 17 US IPOs, the most since the year 2000. With the August lull around the corner, the pipeline saw less activity than usual; five IPOs and 13 SPACs submitted initial filings. Protein therapy platform Absci (ABSI) priced at the midpoint to raise...read more

Paycor HCM, which provides a SaaS human capital management platform for SMBs, raised $426 million by offering 18.5 million shares at $23, above the range of $18 to $21. Paycor states that it is a leading Software-as-a-Service provider of human capital management (HCM) solutions for small and medium-sized businesses. Its suite of solutions enables organizations to...read more

Updated Monday, 7/19. The IPO market’s breakneck pace is expected to continue in the week ahead, with a whopping 19 IPOs slated to raise $5.2 billion. The largest deal of the week, specialty insurance brokerage Ryan Specialty Group (RYAN) plans to raise $1.3 billion at a $6.1 billion market cap. The company assists in the placement of hard...read more

Paycor HCM, which provides a SaaS human capital management platform for SMBs, announced terms for its IPO on Monday. The Cincinnati, OH-based company plans to raise $361 million by offering 18.5 million shares at a price range of $18 to $21. New investors Neuberger Berman, ClearBridge Investments, and Franklin Templeton have indicated an interest in purchasing up to an aggregate of...read more