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Anthropic unveiled its US IPO filing on Monday, laying out its ambitions to build AI systems capable of transforming the global economy while confronting the costs and challenges of developing the technology.
The prospectus highlights Anthropic’s rapid growth over the past year, fueled by Big Tech’s breakneck spending that has driven a rally in AI stocks while raising concerns about lofty valuations and rising debt.
Greater than 5% shareholders include Long-Term Benefit Trust and Founder LLC.
Anthropic to have shares of Class A, Class F, Class E, Class T and Class N stock.
Each share of Class A common stock is entitled to one vote per share, while shares of Class N common stock have no voting rights.
Class F common stock is entitled to 50.1% of total voting power.
Anthropic: Holders of Class N common stock are primarily strategic business partners.
As of Sept. 30, customers with $100,000 or more of revenue on a TTM basis included every company in the Fortune 10, over 50% of the Fortune 500 and over 30% of the Global 2000.
Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC, J.P. Morgan Securities LLC and Citigroup are underwriters to the IPO.
Barclays Capital Inc., Wells Fargo Securities LLC, BofA Securities Inc. and Deutsche Bank Securities Inc. are underwriters to the IPO.