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Paychex logoPaychex PAYX

The company said that, as previously disclosed on January 7, 2025, Paychex, its indirect wholly owned subsidiary Skyline Merger Sub, Inc., and Paycor HCM, Inc. entered into an Agreement and Plan of Merger.

8-KOther EventsFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said that, as previously disclosed on January 7, 2025, Paychex, its indirect wholly owned subsidiary Skyline Merger Sub, Inc., and Paycor HCM, Inc. entered into an Agreement and Plan of Merger.

  2. Paychex said it attached the consent of Ernst and Young LLP, Paycor's independent registered public accounting firm, as Exhibit 23.1. The consent is for incorporation by reference into Form S-3 Registration Statement (No. 333-286249).

  3. The company said the consent covers the report dated August 22, 2024 from Ernst and Young LLP, which relates to Paycor's consolidated financial statements included in Paycor's Form 10-K for the fiscal year ended June 30, 2024.

  4. The company said this 8-K was filed under Item 8.01 (Other Events) and Item 9.01 (Financial Statements and Exhibits), and was signed on April 8, 2025 by Prabha Sipi Bhandari, Chief Legal Officer, Chief Ethics Officer and Secretary.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Paychex and Paycor Enter Merger Agreement

The company said that, as previously disclosed on January 7, 2025, Paychex, its indirect wholly owned subsidiary Skyline Merger Sub, Inc., and Paycor HCM, Inc. entered into an Agreement and Plan of Merger.

Source · Based on the filing body and exhibits

Ernst and Young LLP Consent Attached

Paychex said it attached the consent of Ernst and Young LLP, Paycor's independent registered public accounting firm, as Exhibit 23.1. The consent is for incorporation by reference into Form S-3 Registration Statement (No. 333-286249).

Source · Based on the filing body and exhibits

Auditor Report Covered by Consent

The company said the consent covers the report dated August 22, 2024 from Ernst and Young LLP, which relates to Paycor's consolidated financial statements included in Paycor's Form 10-K for the fiscal year ended June 30, 2024.

Source · Based on the filing body and exhibits

Filing Type and Signature

The company said this 8-K was filed under Item 8.01 (Other Events) and Item 9.01 (Financial Statements and Exhibits), and was signed on April 8, 2025 by Prabha Sipi Bhandari, Chief Legal Officer, Chief Ethics Officer and Secretary.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.