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Anthropic targets up to $3.5 billion in shares for Japanese investors
A filing says the planned share sale would support working capital, operating expenses and capital spending as part of Anthropic’s US listing.
Key takeaways
- Anthropic plans to sell up to $3.5 billion in shares to Japanese investors.
- Proceeds are slated for working capital, operating costs and capital spending.
Anthropic plans to sell up to 552.9 billion yen ($3.5 billion) in shares to Japanese investors as part of its US public listing, a filing showed Monday.
The filing says proceeds from the new shares would fund working capital, operating expenses and capital spending.
It did not give the IPO’s size or valuation. Reuters reported that some investors have discussed a valuation of about $1.5 trillion for Anthropic.
Topics
Anthropic
Further reading
This article was produced with the help of AI technology. Based on reporting by the outlets listed above.
