Robinhood, SoFi Among Six Brokers Selling Anthropic IPO…
By Damilola Esebame
AI summary of the source article
Anthropic's amended S-1 filing sets an IPO price range of $70 to $78 per share across 825 million Class A shares. Up to 20% of the offering is expected to be distributed to retail investors via six brokerages.
Key facts
- Anthropic plans to list on the Nasdaq under ticker ANT with an amended range of $70 to $78 per share for 825 million Class A shares.
- Six retail brokerages—Schwab, Fidelity, Robinhood, SoFi, E*Trade, and TradePMR—are expected to distribute up to 20% of the offering at the IPO price.
- The 20% retail target is roughly double the 5% to 10% typically reserved by mega-cap IPOs.
Source excerpt · FinanceFeeds
Anthropic’s amended S-1 filing, submitted to the Securities and Exchange Commission (SEC) on 10 November, confirmed a price range of $70 to $78 per share on 825 million Class A shares and named six retail brokerages expected to distribute up to 20% of the offering at the initial public offering (IPO) price, CNBC reported . The company plans to list on the Nasdaq under the ticker ANT, with trading…