Anthropic IPO subscription demand exceeds offering size by about 6x, plans to raise up to $64.4 billion

Odaily report: According to people familiar with the matter, subscription demand for Anthropic's IPO has reached approximately 6 times the number of shares available for issuance. The company and its co-founders plan to raise up to $64.4 billion through the IPO, and an additional $26 billion through a concurrent private placement, bringing the combined fundraising to $90.4 billion, which is expected to make it the largest listing transaction in history. Some of the people said underwriting banks have told potential investors that Anthropic will prioritize the subscription demand of existing investors, and some potential buyers may ultimately receive lower share allocations than expected. (Bloomberg)