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Anthropic Launches IPO Roadshow, Targeting a Valuation of About $1 Trillion

Sina TechUpdated Nov 10 21:13

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Anthropic announced the launch of the roadshow for its Class A common stock IPO, with pricing expected next Wednesday and trading expected to begin on Thursday, targeting a valuation of about $1 trillion, with a price range of $70–78 per share. The company has applied to list on the Nasdaq Global Select Market under the ticker symbol ANT, and plans to offer 825 million shares of Class A common stock in this offering. Partners including AMD, Broadcom, Google, Micron, Microsoft, NVIDIA, and TSMC will purchase $26 billion of its Class N common stock through private placements.

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Anthropic announced today the launch of the roadshow for its initial public offering (IPO) of Class A ordinary shares, expected to be priced next Wednesday and to begin trading on Thursday, with an IPO target valuation of approximately $1 trillion.

The expected price range is $70–78 per share. The company has applied to list on the Nasdaq Global Select Market under the ticker symbol ANT.

The offering comprises 825 million Class A ordinary shares, of which 801,351,354 shares are being issued by Anthropic and 23,648,646 shares are being sold by certain existing shareholders. The proceeds from the shares sold by existing shareholders will not go to Anthropic. Anthropic intends to grant the underwriters a 30-day over-allotment option to purchase up to an additional 123.75 million Class A ordinary shares.

The company said that partners including AMD, Broadcom, Google, Micron, Microsoft, Nvidia and TSMC will purchase its $26 billion of Class N ordinary shares through private placements. news_keyword_pub,usstock,MSFT&GOOG&.IXIC&TSM&AMD&MU iframe below the main text iframe below the main text General statement General statement QR code at the end start QR code at the end start

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Sina Tech