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Rohan Paul· @rohanpaul_ai · X· · Original publication time AI score59

Anthropic advances IPO roadshow, plans to sell up to 825 million sharesMachine translation

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Anthropic plans to sell up to 825 million shares at $70 to $78 each, valuing the company at as much as $1.4 trillion. At the top of the range, the deal would raise about $64.4 billion, including roughly $62.5 billion for Anthropic from 801 million new shares; trading on Nasdaq is expected to begin as soon as Thursday or Friday next week.

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@rohanpaul_ai

Anthropic forges ahead with IPO roadshow They will sell up to 825M shares at $70 to $78 each, a range that values it at as much as $1.4T.

At the top of that range the deal raises about $64.4B, and Anthropic itself takes roughly $62.5B from 801M new shares.

Existing stockholders are selling only 23.6M shares, so almost all the cash funds the company instead of letting early investors exit.

Earlier talk had pointed to as much as $2T, and the cut follows a tech selloff and midterm results showing voters souring on AI data centers.

Even reduced, the price sits above the $1.25T private valuation OpenAI reached last week.

Shares are expected to start trading on Nasdaq under the ticker “ANT” as soon as Thursday or Friday next week.

Source: Rohan Paul · x.com

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