Anthropic IPO draws orders for six times available shares, Bloomberg reports

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Anthropic IPO draws orders for six times available shares, Bloomberg reports

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Anthropic's IPO has reportedly drawn investor orders worth six times the available shares, according to Bloomberg. The offering could carry a valuation of up to $1.4 trillion, which would make it one of the largest in history.

Investors have placed orders for six times the shares on offer in Anthropic PBC's upcoming IPO, according to Bloomberg. The company is behind the Claude AI model family. The demand points to significant investor interest in the listing.

The deal is set to be one of the largest IPOs in history, with a potential valuation reaching $1.4 trillion. Anthropic filed its S-1 in October and began its IPO roadshow in November.

Next, market participants will watch the U.S. Securities and Exchange Commission for updates on the IPO's regulatory status. They will also look for announcements that confirm the date or change the offering size. If Anthropic keeps its proposed timeline and pricing, that could support a November 19 launch.

Source: Crypto Briefing

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