Anthropic has filed its S-1 registration statement with the US Securities and Exchange Commission (SEC) for an initial public offering (IPO) of Class A shares. It will list on the Nasdaq Global Select Market under the symbol “ANT”. The filing does not yet disclose the price band or the number of shares on offer.
\n\nGoldman Sachs and Morgan Stanley are leading a group of 22 banks. The issue will include newly issued shares as well as shares sold by existing investors. Anthropic will not receive any proceeds from the sale of shares by existing investors. Besides the US, the shares will be offered to investors in Australia, Canada, parts of Europe, Japan, Switzerland and the UK. Anthropic will list only on Nasdaq.
\n\nAccording to Bloomberg, marketing is scheduled to begin on November 9, with the company targeting a listing in the week of November 16. Media reports suggest the IPO could raise around $100 billion at a valuation of $1.5 trillion to $2 trillion. Anthropic was valued at $965 billion in a private funding round in May.
\n\nHere are six things that stand out in the filing.
\n\nAnthropic generated $41 million in revenue in 2023, $386 million in 2024 and…
Original source: https://www.cnbctv18.com/technology/
