Anthropic launches Nasdaq IPO roadshow seeking up to $64 billion
Artificial intelligence developer Anthropic has officially kicked off the roadshow for its planned Nasdaq listing under the ticker ANT, offering 825 million shares priced between $70 and $78 to raise up to $64.35 billion.
Artificial intelligence lab Anthropic has launched the roadshow for its proposed initial public offering of Class A common stock on the Nasdaq under the ticker ANT. According to regulatory disclosures and deal terms, the company and existing stockholders plan to offer 825 million Class A shares priced between $70 and $78 each. At the upper end of the price band, the stock sale would raise up to $64.35 billion, positioning it among the largest public debuts on record.[1][5][14][17]
Anthropic itself is selling 801.35 million shares, while existing holders are offering 23.65 million. Lead underwriters, which include Goldman Sachs and Morgan Stanley, hold an option to purchase an additional 123.75 million shares. Alongside the IPO, technology partners including Microsoft, Nvidia, and Google have committed to a $26 billion private placement at the IPO price, lifting the combined potential gross proceeds to as much as $90.4 billion.[7][9][11][12][14][17]
The indicative price range values the company around $1 trillion, reaching up to $1.02 trillion based on 13.1 billion outstanding shares and climbing up to $1.4 trillion on a fully diluted basis. While that would make Anthropic the first frontier AI model maker to go public, the target reflects a moderation from earlier valuation ambitions that reached as high as $1.5 trillion to $2 trillion, following recent volatility across the AI sector.[2][6][8][9][11][13][18]
Anthropic stated that its registration statement filed with the U.S. Securities and Exchange Commission is not yet effective. The Wall Street Journal reported that investor meetings are underway this week, with shares slated to begin trading as early as late next week.[3][14][15][16][17]
Key facts
- Anthropic launched its IPO roadshow offering 825 million Class A common shares priced between $70 and $78 per share.
- The company is selling 801.35 million shares, while existing shareholders are offering 23.65 million shares, raising up to $64.35 billion at the top end of the range.
- Anthropic plans to list on the Nasdaq under the ticker symbol ANT.
- Underwriters, led by Goldman Sachs and Morgan Stanley, have an option to purchase an additional 123.75 million shares.
- A concurrent $26 billion private placement backed by Microsoft, Nvidia, and Google brings total potential funds raised to as much as $90.4 billion.
- The terms imply an initial valuation of about $1 trillion to $1.02 trillion based on outstanding shares, and up to $1.4 trillion on a fully diluted basis.
- The target valuation is down from earlier expectations that ranged up to $1.5 trillion to $2 trillion.
Sources · 17 sources
- TE
TechmemeArticle ·
Anthropic launches its IPO roadshow, saying the company and shareholders plan to sell 825M Class A shares at $70 to $78 each, listing on the Nasdaq under ANT (Anthropic) Anthropic : Anthropic launches its IPO roadshow, saying the company and shareholders plan to sell 825M Class A shares at $70 to $78 each, listing on the Nasdaq under ANT — Today Anthropic, PBC launched the roadshow for its proposed initial public offering of its Class A common stock.
Open source - TW
The Washington Post@washingtonpostPost on X ·
Anthropic is aiming for its initial public offering to value the company at more than $1 trillion, a comedown from prior expectations of roughly $2 trillion. https://t.co/4Rn9DVEzDe
Open source - AC
Andrew Curran@AndrewCurran_Post on X ·
Anthropic plans for its shares to start trading Thursday or Friday next week. https://t.co/yDITzoy9es
Open source - TW
The Wolf Of All Streets@scottmelkerPost on X ·
ANTHROPIC $ANT SEEKS UP TO $64.35B IN ITS IPO, OFFERING 825M SHARES AT $70 TO $78 EACH https://t.co/nqozX4BEk6
Open source - TE
Techmeme@TechmemePost on X ·
Anthropic launches its IPO roadshow, saying it plans to sell 825M shares of Class A common stock priced at $70 to $78 each, listing on the Nasdaq under ANT. (Anthropic) (Visit Techmeme dot com for the link and full context!)
Open source - WS
Wall St Engine@wallstenginePost on X ·
Anthropic's IPO offers 825M shares at $70-$78 each, raising up to $64.4B, plus a $26B private placement. That would value it at $917B to $1.02T, based on the 13.1B shares its filing says will be outstanding. Including options and unvested stock awards, that's $1.12T to $1.24T. https://t.co/6LMkoLoar0
Open source - TM
That Martini Guy ₿@MartiniGuyYTPost on X ·
Anthropic is planning to begin marketing its Nasdaq IPO on Tuesday The company is reportedly targeting a valuation of $1.1 trillion to $1.3 trillion, compared with earlier discussions reaching as high as $2 trillion Goldman Sachs and Morgan Stanley are reportedly leading the offering The final share price, valuation, and amount to be raised have not yet been confirmed
Open source - UW
unusual_whales@unusual_whalesPost on X ·
BREAKING: Anthropic is targeting Nov. 19 or 20 to start trading on the Nasdaq under the ticker ANT, per the WSJ. The company is expected to reveal its IPO valuation range in a filing early this week and has investor meetings lined up, as some major investors push for a valuation below the $1.5 trillion it was expecting.
Open source - BL
Bloomberg@businessPost on X ·
Anthropic is seeking to raise as much as $90.4 billion in an IPO and private placement in its bid to become the first frontier AI lab to go public. Here’s how it will work: https://t.co/hY0opfxWgn 📷: Fabrice Coffrini / Getty Images https://t.co/p5gykzUytk
Open source - AX
Axios@axiosPost on X ·
Anthropic seeks to be valued at $1.02 trillion https://t.co/ICgxmhXamz
Open source - HE
Hedgeye@HedgeyePost on X ·
Anthropic IPO Details: 1. Expecting ~$1 trillion valuation, up to $1.02 trillion on outstanding shares, or up to $1.405 trillion fully diluted 2. Raising up to $64.4 bln, 825 million shares at $70 to $78 3. Plus a $26 bln private placement, bringing the total to up to $90.4 bln 4. Below SpaceX's record, which raised $85.7 bln 5. Listing on Nasdaq as "$ANT", trading planned for late next week
Open source - DE
Decrypt@DecryptMediaPost on X ·
Anthropic Sets IPO Range at $70 to $78 a Share in Offering of Up to $64.35 Billion. Anthropic launched its IPO roadshow Tuesday, offering 825 million Class A shares under the planned Nasdaq ticker ANT, plus a $26 billion private placement at the IPO price from companies including Microsoft, Nvidia and Google.
Open source - MA
MarketWatch@MarketWatchPost on X ·
Anthropic backs away from $2 trillion ambition in new IPO filing https://t.co/MSI8fifvJx
Open source - *B
*Walter Bloomberg@DeItaonePost on X ·
*ANTHROPIC LAUNCHES IPO ROADSHOW; SEEKS $70-$78 PER SHARE *ANTHROPIC IPO COULD RAISE UP TO $64.35B AT TOP OF PRICE RANGE *ANTHROPIC OFFERS 825M CLASS A SHARES IN PROPOSED IPO *ANTHROPIC TO SELL 801.35M SHARES; EXISTING HOLDERS OFFER 23.65M *ANTHROPIC SEEKS NASDAQ LISTING UNDER TICKER 'ANT' *ANTHROPIC UNDERWRITERS GET OPTION TO BUY ADDITIONAL 123.75M SHARES *ANTHROPIC IPO UNDERWRITERS INCLUDE GOLDMAN SACHS, MORGAN STANLEY *ANTHROPIC SAYS IPO REGISTRATION STATEMENT NOT YET EFFECTIVE https://t.co/jaGCsnTDNF
Open source - WS
Wall St Engine@wallstenginePost on X ·
ANTHROPIC PLANS TO START TRADING THURSDAY, FRIDAY NEXT WEEK: WSJ
Open source - TW
The Wall Street Journal@WSJPost on X ·
Anthropic plans to forge ahead with its initial public offering later this month despite recent market volatility tied to artificial-intelligence investments. https://t.co/e5cxTTuaBI
Open source - CB
Crypto Banter@crypto_banterPost on X ·
🚨ANTHROPIC LAUNCHES IPO ROADSHOW AT $70-$78 PER SHARE! @AnthropicAI has launched the roadshow for its proposed IPO of 825 million Class A shares, with 801.4 million offered by the company and the rest by existing stockholders. The expected price range is $70.00 to $78.00 per share, which would raise up to $64.35 billion. Shares are planned to list on Nasdaq under the ticker $ANT. Underwriters have a 30-day option for up to an additional 123.75 million shares. A registration statement is filed with the SEC but is not yet effective.
Open source - TN
The New York Times@nytimesPost on X ·
Breaking News: Anthropic set a price range for its I.P.O. that values the A.I. company at up to $1.4 trillion, a staggering sum. https://t.co/qqqJE9tf28
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