Anthropic has launched the roadshow for its proposed initial public offering (IPO), taking a major step towards listing its Class A common stock on the Nasdaq Global Select Market under the ticker symbol “ANT”.
The Anthropic roadshow marks the start of the company’s investor outreach for the proposed public offering, which comprises 825 million shares of Class A common stock.
The company is offering the majority of these shares, while a smaller portion will be sold by certain existing stockholders.
Of the total 825 million shares in the proposed initial public offering, Anthropic is offering 801,351,354 shares, while 23,648,646 shares are being offered by existing stockholders.
Anthropic will not receive any proceeds from the sale of shares by the selling stockholders.
As part of the proposed offering, Anthropic also expects to grant the underwriters a 30-day option to purchase up to an additional 123,750,000 shares of its Class A common stock.
The expected initial public offering price is between $70 and $78 per share. The proposed pricing range will determine the final offering price following the investor roadshow and the IPO pricing process.
With the launch of the Anthropic roadshow, the company has formally begun the process of presenting its proposed IPO to investors ahead of its planned Nasdaq listing.
Anthropic has applied to list its Class A common stock on the Nasdaq Global Select Market under the ticker symbol “ANT”
