GoKawiilAnthropic sets IPO price range at $70-$78 per share, targets Nov. 19 debut
Anthropic plans to offer 825 million shares priced between $70 and $78, according to an updated filing, with pricing expected Nov. 18 and trading to begin Nov. 19 on Nasdaq. At the top of that range the company could raise up to $64.35 billion and reach a fully diluted valuation of $1.405 trillion, up from $965 billion in May. Anthropic also disclosed a $26 billion private placement of Class N shares from AMD, Broadcom, Google, Micron, Microsoft, Nvidia and TSMC, priced at the IPO level but exempt from underwriter lock-ups.