Anthropic, the maker of AI chatbot Claude, opened its Australian retail initial public offering on Wednesday, giving individual investors access to shares ahead of the company's planned Nasdaq listing.
The offering opened at 10 a.m. Australian Eastern Daylight Time on Wednesday and is expected to close at 5 p.m. on Nov. 17, according to the timetable published by participating broker Stake.
Anthropic is seeking to raise as much as $64.4 billion in its IPO, with a separate $26 billion private placement, bringing a combined total to as much as $90.4 billion. Shares are expected to be priced between $70 to $78 each.
The Australian retail offering is expected to consist of newly issued Class A common shares under a prospectus to be lodged with the Australian Securities and Investments Commission, Anthropic said on its website.
Participating brokers include Commonwealth Bank of Australia's CommSec unit as lead broker, along with Bell Potter, LGT Wealth, Macquarie Group Ltd., Morgans, Morgan Stanley Wealth Management, Sharesies and Stake.