Anthropic launched an IPO roadshow on Nov. 10 for a proposed sale of 825 million Class A shares at $70 to $78 each, which would raise $57.75 billion to $64.35 billion before fees and expenses. It has applied for a Nasdaq listing, but said its registration statement was not yet effective, so shares could not yet be sold or purchase offers accepted.
A separate $26 billion investment by seven technology partners would be conditional and take place immediately after the IPO. Anthropic would receive no proceeds from shares sold by existing stockholders. Its founders’ special stock would hold 50.1% of votes on general shareholder matters, while a trust would retain the right to choose a majority of directors.
