Anthropic Opens Australian Retail IPO Tranche as Bankers Weigh Raising $70-$78 Range
Summary
Anthropic opened its Australian retail share offering on November 11, letting local investors apply through brokers including CommSec, Macquarie and Morgan Stanley Wealth Management until November 17. The indicative range remains $70 to $78 a share for gross proceeds of up to $64.4B, but bankers are weighing a higher range after heavy demand, which the FT says could lift the valuation to roughly $1.5T. That follows the roadshow launch and the $69.3B raise target reported earlier this week. The final price is set for November 19, with shares trading on Nasdaq under ANT on November 20. A raised range would mean the deal is oversubscribed at the top end, a strong read on institutional appetite despite the recent AI selloff.
This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Seeking Alpha.