From Dealroom · · 40s
Anthropic IPO Six Times Oversubscribed
Anthropic's IPO six times oversubscribed as it targets $64.4B raise.
In brief
Anthropic's IPO six times oversubscribed as it targets $64.4B raise. Anthropic's IPO is six times oversubscribed with a target of $64.4 billion, making it the largest first-time share sale ever. Originally reported by Dealroom.
Oversubscription
Anthropic's IPO has drawn roughly six times the orders for available shares, targeting a $64.4 billion listing and $26 billion private placement.
Valuation Target
Anthropic aims for a fully diluted valuation of about $1.4 trillion, below some investors' expectations.
Financial Metrics
Anthropic reported an $81 billion revenue run rate as of October 31, up $10 billion from September.
The essence
Anthropic's IPO is six times oversubscribed with a target of $64.4 billion, making it the largest first-time share sale ever.
