The Claude developer plans to sell 825 million Class A shares and has applied to list on the Nasdaq under the symbol ANT.
Anthropic on Tuesday launched the roadshow for its proposed initial public offering, offering 825 million shares of Class A common stock at an expected $70 to $78 each. Of those, 801,351,354 shares are being sold by the company and 23,648,646 by existing stockholders; Anthropic expects to give underwriters a 30-day option to buy up to 123.75 million more. It has applied to list on the Nasdaq Global Select Market under the symbol ANT. Amendment No. 2 to its Form S-1, filed Tuesday, says AMD, Broadcom, Google, Micron, Microsoft, Nvidia and TSMC have agreed to buy an aggregate $26.0 billion of Class N common stock in a private placement at the IPO price. CNBC reported that at the top of the range the company could be worth up to about $1.4 trillion on a fully diluted basis. CNBC, citing people familiar with the plans, said pricing is expected on 18 November and trading on 19 November. The registration statement has not yet become effective.
Sources: Anthropic · Anthropic (S-1/A-2) · CNBC