Anthropic readies Nasdaq IPO after retracting mistakenly sent filing
The Claude chatbot maker is seeking to go public before Thanksgiving as AI stocks slide and investors push for a lower valuation.
By Standard Topic. AI-generated from the reporting listed under Coverage. Published . Updated .
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What happened
Anthropic, the maker of the Claude chatbot, is pressing ahead with its initial public offering despite a selloff in AI-related stocks. The company now reportedly plans to launch its proposed Nasdaq IPO on Tuesday morning.
Why it matters
The company's retracted paperwork has also drawn attention to jitters over investments in AI.
Timeline
- Nov 8, 8:56 PM ET: Anthropic decided to complete its IPO before Thanksgiving on November 26 despite weakness in AI stocks.
- Nov 9, 9:29 PM ET: Late Monday, Anthropic sent banks an updated IPO prospectus and then retracted it, saying some details were incorrect.
- Nov 9, 11:32 PM ET: Anthropic said a pricing update was coming and could list its shares on Thursday or Friday next week, according to The Wall Street Journal.
- Nov 10, 4:13 AM ET: Anthropic reportedly plans to launch its proposed Nasdaq IPO on Tuesday morning.
Coverage
- Anthropic IPO to raise as much as $64.4 billion, latest draft prospectus shows (Investing.com)
- Anthropic withdraws IPO filing after it was circulated (techzine.eu)
- Anthropic reportedly retracts IPO terms sent to banks by mistake, exposing jitters over AI investments (marketwatch.com)
- Exclusive-Anthropic IPO to raise as much as $64.4 billion, latest draft prospectus shows (live.euronext.com)
- Anthropic briefly circulates, then pulls $70B IPO filing details sent to bankers: Reuters (seekingalpha.com)
- Anthropic Withdraws IPO Pricing After Draft Outlines Up to $69.3B Raise (unite.ai)
- Anthropic Sent Banks Wrong Documents Before Launching IPO (theinformation.com)
- Anthropic Retracts $70 to $80 IPO Range It Sent to Bankers (fourweekmba.com)
- Exclusive-Anthropic sends out, then retracts details of IPO filing, emails show (centraloregondaily.com)
- Exclusive-Anthropic IPO to raise as much as $64.4 billion, latest draft prospectus shows (streetinsider.com)
- Anthropic sets $70-78 IPO price range, eyes Nasdaq debut
- Anthropic sets $70-78 IPO price range, targets Nasdaq debut Nov 19
- Anthropic sets $70-$78 share price range for Nasdaq IPO
- Anthropic keeps IPO plans as AI sell-off cuts its valuation
- Anthropic's IPO valuation falls as AI selloff and backlash grow
- Anthropic presses ahead with IPO as valuation estimates fall
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