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Rohan Paul· @rohanpaul_ai · X· · Original publication time AI score52

Bloomberg reports orders for Anthropic IPO at several times shares availableMachine translation

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Bloomberg reports that orders for Anthropic’s IPO amount to several times the shares available, mostly from large indications of interest by major institutional investors. Anthropic is seeking up to $90.4 billion through the IPO and a private placement, which would exceed SpaceX’s $85.7 billion record. The stock is expected to trade as ANT on the Nasdaq Global Select Market.

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@rohanpaul_ai

Bloomberg: Anthropic’s IPO has drawn orders for several times the shares available, mostly from anchor-size indications of interest (i.e. very large orders, from big institutional investors)

Anthropic is seeking up to $90.4B through the IPO and a private placement, which would exceed SpaceX’s $85.7B record and make it the largest listing ever.

The roughly $1.4T fully diluted valuation target sits below some investors’ expectations, a common setup that lets strong demand lift the final price.

Secondary activity has already started, with some investors offering pieces of their allocations to others for fees and pre-IPO holders selling stakes through special purpose vehicles.

Goldman Sachs and Morgan Stanley lead the deal with 20 other banks, and the stock is expected to trade on the Nasdaq Global Select Market as ANT.

Source: Rohan Paul · x.com

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