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IPO demand exceeds supply

IPO demand exceeds supply

Demand for Anthropic’s IPO has exceeded the number of shares on offer several times over, amid strong interest from investors and institutions. The company is aiming to raise up to $90.4 billion through a public offering and private placement, at a fully diluted valuation of approximately $1.4 trillion. Goldman Sachs and Morgan Stanley are leading the offering, with 20 financial institutions participating. The shares are expected to trade on Nasdaq under the ticker “ANT.”

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