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Anthropic picks JPMorgan to lead share sales to individual investors in its upcoming IPO

TechnologyInternationalRevista ADVFN45 s readAI summary
Image: Revista ADVFN

Anthropic selected JPMorgan Chase & Co to coordinate the sale of shares to individual investors in the United States during its planned initial public offering, according to Bloomberg. The artificial intelligence company, developer of the Claude models, is considering allocating between 15% and 20% of the offering's shares to retail investors, a figure that could still change. Citigroup will manage the international component for individual investors, which would include Australia, Canada, Japan, the United Kingdom, Switzerland and some European Economic Area countries. Goldman Sachs and Morgan Stanley are leading the overall deal.

In 45 seconds

  • JPMorgan will coordinate the sale of shares to individual investors in the U.S. for Anthropic's IPO, according to Bloomberg.
  • Anthropic is weighing allocating between 15% and 20% of the offering's shares to retail investors; the figure is not final.
  • Citigroup will handle the international component for individual investors, covering Australia, Canada, Japan, the UK, Switzerland and EEA countries.
Read the full story at Revista ADVFN

IASummary generated by artificial intelligence from a story by Revista ADVFN. It may contain errors: the original source prevails.

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