Anthropic starts IPO roadshow with shares priced at $70 to $78
Original title: Anthropic kicks off IPO roadshow, offering shares at $70 to $78 and targeting a trillion-dollar valuation
The prospectus covers 825 million Class A shares and a valuation of up to $1.02 trillion under ticker ANT.
According to Reuters and Anthropic’s announcement, the company is pitching an IPO that could raise up to $64.4 billion, plus $26 billion in a private placement, for as much as $90.4 billion in total. Anchor investors named include Google, Nvidia, AMD, Broadcom, Micron, Microsoft and TSMC. Goldman Sachs and Morgan Stanley lead underwriting. In the third quarter Anthropic reported $16.96 billion in revenue, up 47 percent quarter over quarter, while citing nearly $900 billion in committed compute.
Unconfirmed: Placement details were briefly sent to banks and withdrawn, so some figures may not be final.
- Of 825 million shares, 801,351,354 come from Anthropic and 23,648,646 from existing holders.
- Underwriters have a 30-day option for 123.75 million additional shares.
- A May private round valued the company at $965 billion, below a discussed $1.5 trillion.
- Bank materials were sent Monday evening and then pulled back.
- Q3 growth slowed from a 144 percent jump in the prior quarter.
- AI models
- Claude
From the original article
2 min read at the-decoder.com
Anthropic is kicking off its IPO roadshow, targeting a valuation of up to $1. 02 trillion. Beyond the public offering of up to $64.
By Maximilian Schreiner · the-decoder.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.