Anthropic plans to sell $3.5 billion of shares to Japan investors in IPO, filing shows
GS•Anthropic plans to sell up to 552.9 billion yen ($3.5 billion) of shares to Japanese investors as part of its U.S. public listing, with proceeds for working capital, operating expenses and capital expenditure.
1. Japan share offering
Anthropic will sell up to 552.9 billion yen ($3.5 billion) of shares in Japan as part of its U.S. public listing. The new shares will raise working capital and fund operating expenses and capital expenditure.
2. Banks and valuation
The filing did not state the IPO’s size or valuation. Some investors have discussed a valuation of about $1.5 trillion. Mizuho Securities will manage the Japan sale, while Goldman Sachs, Mitsubishi UFJ Morgan Stanley Securities and Morgan Stanley MUFG Securities are among the firms handling subscription applications.
3. Japan IPO precedent
At SpaceX’s June IPO, described in the article as the world’s largest ever, Japanese investors secured $2.2 billion of the $75 billion raised.
