Paycom Software prices IPO at $15, well below the $18 to $20 range

Paycom Software, which provides on-demand payroll and human capital management software, raised $100 million by offering 6.6 million shares (31% insider) at $15, well below the $18 to $20 range. Paycom Software will list on the NYSE under the symbol PAYC. Barclays and J.P. Morgan acted as joint bookrunners on the deal.

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