Anthropic withdrew a draft IPO plan after saying its pricing information was inaccurate; the proposal had pointed to about $69.3 billion in potential gross proceeds.
The withdrawn version also outlined a separate $26 billion private placement, distinct from the possible proceeds of the public share sale. It proposed N-class common shares at the IPO price and named Google, Nvidia, AMD, Broadcom, Micron, Microsoft and TSMC as participants. The placement depended on completion of the IPO and was planned to close immediately afterward.
The public offering in the version circulated to banks covered 866.7 million Class A shares, including 23.3 million held by existing shareholders. Its proposed price range was $70 to $80 per share, with the upper end underlying the gross-proceeds estimate.
An earlier public IPO filing had left the share count and offer price unsettled, according to EconoTimes' earlier coverage of the filing. Anthropic said it would update the withdrawn draft.