Abstract:
Anthropic announced today that it will launch an initial public offering (IPO) road show of Class A common shares. It is expected to be priced next Wednesday and start trading on Thursday. The IPO target valuation is approximately US$1 trillion. The offering price range is expected to be US$70-78 per share. The company has applied to be listed on the Nasdaq Global Select Market under the stock code ANT.
This time it is planned to issue 825 million Class A ordinary shares, of which 8013513540 million shares will be issued by Anthropic and 23648646 shares will be sold by some existing shareholders. Proceeds from the sale of shares by existing shareholders do not go to Anthropic. Anthropic intends to grant the underwriters a 30-day over-allotment option to subscribe for up to an additional 123.75 million shares of Class A common stock.
The company said that AMD, Broadcom, Google, Micron, Microsoft, Nvidia, TSMC and other partners will purchase its $26 billion Class N common stock through private placements.
Comments