Anthropic targets a $1.4 trillion IPO as soon as next week
Original title: Anthropic targets $1.4 trillion IPO
Shares are expected at $70 to $78, with Nasdaq trading under ANT aimed for Thursday or Friday next week.
Anthropic confirmed Tuesday that its offering could rank among the largest IPOs while falling short of an earlier expectation of as much as $2 trillion. Wall Street Journal sources said the company is aiming for shares to start trading Thursday or Friday next week. Class A common stock would list on the Nasdaq Global Select Market under ANT. OpenAI was valued at $1.25 trillion as of last week.
Unconfirmed: The valuation, share range and listing timing are expectations reported by outlets, not a completed offering.
- The expected offering price is $70.00 to $78.00 per share.
- Reuters noted a prior valuation expectation of as much as $2 trillion.
- The planned Nasdaq ticker is ANT.
- OpenAI's reported valuation last week was $1.25 trillion.
From the original article
1 min read at theverge.com
Anthropic confirmed on Tuesday that its IPO could be one of the biggest ever, even while falling short of previous expectations. Its IPO price is expected to be between $70. 00 and $78.
By Stevie Bonifield · theverge.com
A short excerpt; the article and its images belong to the publisher. Summary, key facts and assessment above are AI-written from the article and can be wrong.