Anthropic launches roadshow for proposed initial public offering

Anthropic, PBC began the roadshow for its proposed initial public offering of 825,000,000 Class A shares, of which 801,351,354 are being sold by the company and 23,648,646 by existing stockholders, with Anthropic receiving no proceeds from the latter. The offering is expected to be priced between $70.00 and $78.00 per share, and the company has applied to list on the Nasdaq Global Select Market under the symbol "ANT." Anthropic also plans to grant underwriters a 30-day option to buy up to an additional 123,750,000 shares. Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC are named as underwriters for the deal. The registration statement has been filed with the SEC but has not yet become effective, so the shares cannot be sold until it is. Investors will watch the final pricing and the SEC's effectiveness declaration before trading begins under the "ANT" ticker.