Paycom Software, Inc. (the “Company”) announced today that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to the proposed initial public offering of shares of its common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined. The Company has applied to list its common stock on the New York Stock Exchange under the symbol “PAYC.”
Barclays Capital Inc. and J.P. Morgan Securities LLC are acting as joint book-runners for the offering. Pacific Crest Securities LLC, Stifel, Nicolaus & Company, Incorporated and Canaccord Genuity Inc. are acting as co-managers.
The offering will be made only by means of a prospectus. When available, copies of the preliminary prospectus relating to the offering may be obtained from: Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 (Tel: +1 888 603 5847, Email: Barclaysprospectus@broadridge.com); or from J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 (Tel: +1 888 803 9204).
Although a registration statement relating to these securities has been filed with the U.S. Securities and Exchange Commission, it has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
