Anthropic launches roadshow for proposed initial public offering

Anthropic
Anthropic has launched a roadshow for its proposed IPO of 825 million Class A shares priced at $70 to $78 each.

Summary

Anthropic, PBC has launched the roadshow for its proposed initial public offering of Class A common stock. The offering consists of 825,000,000 shares, of which 801,351,354 are offered by Anthropic and 23,648,646 by certain existing stockholders; Anthropic will receive no proceeds from the selling stockholders' shares. The company also expects to grant underwriters a 30-day option to purchase up to an additional 123,750,000 shares. The expected IPO price range is $70.00 to $78.00 per share, and Anthropic has applied to list on the Nasdaq Global Select Market under the symbol "ANT." The offering will be made only by prospectus, and a registration statement has been filed with the U.S. Securities and Exchange Commission but has not yet become effective. The announcement does not constitute an offer to sell or a solicitation of an offer to buy the securities.

(Source:Anthropic)