Anthropic sets $70 to $78 IPO price range for 825 million shares
Overview
Anthropic said in an updated filing that it will offer 825 million shares at $70 to $78 each in its upcoming IPO, netting up to $64.35 billion at the top of the range.
The company could be valued at up to $1.405 trillion on a fully diluted basis, up from $965 billion in May, according to CNBC.
Seven chipmakers and cloud companies, including Nvidia, Microsoft and Google, agreed to buy $26 billion of Class N stock in a private placement at the IPO price, the filing said.
Written by AI from the articles below · updated Nov 10, 7:05 AM ET
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- CNBC · TechnologyNewsPickAnthropic sets $70 to $78 IPO price range, targets up to $1.405 trillion valuation
AIAnthropic said in an updated filing that it will offer 825 million shares at $70 to $78 each, netting up to $64.35 billion at the top of the range. Seven chipmakers and cloud companies, including Nvidia, Microsoft, and Google, agreed to buy $26 billion of Class N stock in a private placement at the IPO price. The company could be valued at up to $1.405 trillion on a fully diluted basis, up from $965 billion in May.
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