Anthropic Launches IPO Roadshow With $70-$78 Share Price Range
The Claude maker announced its proposed 825 million-share offering on November 10 and applied to trade on Nasdaq under ANT. The price range is preliminary, not a final IPO price.
Anthropic launched the roadshow for its proposed initial public offering on November 10, setting an expected price range of $70 to $78 per share. The company behind Claude has applied to list its Class A common stock on the Nasdaq Global Select Market under the symbol ANT.
The proposed offering consists of 825 million shares. Anthropic plans to sell 801,351,354 shares, while existing stockholders would sell another 23,648,646 shares, according to the company's announcement.
Anthropic would not receive proceeds from the shares sold by those existing stockholders. It also expects to give the underwriters a 30-day option to purchase up to 123.75 million additional shares.
The price range is preliminary. It does not represent a final offering price or a confirmed first day of public trading.
At the time of the November 10 announcement, the company said its registration statement had been filed with the U.S. Securities and Exchange Commission but had not yet become effective. The proposed offering remained subject to that process.
The roadshow is a later step than the Nasdaq filing previously reported by Tachlis Daily. The announcement sets out the proposed offering size and expected price range, rather than confirming that public trading has begun.