Rifnote Loading your desk
Anthropic retracts IPO filing revealing $69bn fundraising plan

Anthropic retracts IPO filing revealing $69bn fundraising plan

Share:

Anthropic has withdrawn IPO filing details showing it could raise up to $69.3 billion, saying the pricing information was inaccurate.

Anthropic, the artificial intelligence company behind Claude, has retracted details of its planned initial public offering (IPO) that showed it could raise up to $69.3 billion, TheCable reported.

The company had briefly circulated a securities filing to banks, indicating plans to offer about 866.7 million Class A shares at $70 to $80 each.

Anthropic would sell about 843.3 million shares, while existing shareholders would offer an additional 23.3 million.

However, a company representative later said the pricing information was inaccurate and the filing would be updated. Reuters said it could not determine which details were wrong, while Anthropic declined to comment.

The filing also showed that Google, Nvidia, AMD, Broadcom, Micron, Microsoft and TSMC had agreed to invest $26 billion through a private placement at the IPO price.

Anthropic is expected to launch its investor roadshow on Tuesday, with pricing anticipated next week.

The company had moved the listing from October to November to release its third-quarter financial results first.

Leave a Reply

Your email address will not be published. Required fields are marked *