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Anthropic Plans to Sell $3.5 Billion of Shares to Japan Investors in IPO, Filing Shows
The new shares will fund working capital and operating costs, while the filing leaves the IPO’s overall size and valuation undisclosed.
On Monday, Anthropic filed to sell up to $3.5 billion worth of shares in Japan as part of its IPO, according to a regulatory filing.
The share sale targets a Japanese market that hit a 14-year low for first-time offerings, with proceeds funding working capital and operating expenses.
Mizuho Financial Group will manage the Japanese portion, while Goldman Sachs Group, Mitsubishi UFJ Morgan Stanley Securities, and Morgan Stanley MUFG Securities handle investor orders.
Investors in Australia, Canada, and parts of Europe, apart from Japan, will also access the initial share sale of the Claude chatbot maker.
Anthropic's IPO will test investor appetite alongside equity financing from Alphabet and Meta Platforms, as some investors have discussed a valuation of about $1.5 trillion for the company.
Today ' s Monday document shows that Anthropic Artificial Intelligence will sell its axe at a value of 552.9 billion yen (about $3.5 billion) in Japan, as part of its public offer in the United States.