Anthropic IPO: the filing facts for teams that use Claude
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This page is not financial or investment advice.
Short answer
On November 10, 2026, Anthropic launched the roadshow for its proposed IPO. The proposed offering is 825,000,000 Class A shares at an expected $70.00 to $78.00 each. Anthropic has applied to list them on the Nasdaq Global Select Market as "ANT". The registration statement is not yet effective.
Every figure below is quoted from Anthropic's announcement or from Anthropic's registration statement on SEC EDGAR. Both were checked on 2026-11-11. Where neither source gives a figure, the table says "Not stated".
The facts
| Item | Figure | Source, quoted |
|---|---|---|
| Ticker | ANT (applied for) | Anthropic's announcement"Anthropic has applied to list its Class A common stock on the Nasdaq Global Select Market under the symbol 'ANT.'" |
| Exchange | Nasdaq Global Select Market (applied for) | S-1/A No. 2"We have applied to list our Class A common stock on the Nasdaq Global Select Market under the symbol 'ANT.'" |
| Stock class offered | Class A common stock, one vote per share | Anthropic's announcement"its proposed initial public offering of its Class A common stock"S-1/A No. 2"Each share of Class A common stock is entitled to one vote" |
| Expected price range | $70.00 to $78.00 per share | Anthropic's announcement"The initial public offering price is expected to be between $70.00 and $78.00 per share." |
| Shares offered, total | 825,000,000 | Anthropic's announcement"The proposed offering consists of 825,000,000 shares of Class A common stock." |
| Shares offered by Anthropic | 801,351,354 | Anthropic's announcement"801,351,354 shares are being offered by Anthropic" |
| Shares offered by existing stockholders | 23,648,646. Anthropic gets no proceeds from these | Anthropic's announcement"23,648,646 shares are being offered by certain existing stockholders. Anthropic will not receive any proceeds from the sale of shares by the selling stockholders." |
| Underwriter option | Up to 123,750,000 more Class A shares, for 30 days | Anthropic's announcement"Anthropic also expects to grant the underwriters a 30-day option to purchase up to an additional 123,750,000 shares of its Class A common stock." |
| Underwriters | 22 firms on the prospectus cover, listed first: Goldman Sachs & Co. LLC and Morgan Stanley. Full list in the SEC filing section below | S-1/A No. 2, cover page |
| Filing status | Registration statement filed with the SEC, not yet effective | Anthropic's announcement"A registration statement relating to these securities has been filed with the U.S. Securities and Exchange Commission but has not yet become effective." |
| Roadshow launched | November 10, 2026 | Anthropic's announcement, dated November 10, 2026"Today Anthropic, PBC launched the roadshow for its proposed initial public offering of its Class A common stock." |
| SEC filings | S-1 on October 26, 2026. Amendment No. 1 on November 2. Amendment No. 2 on November 10 | SEC EDGAR filing list |
| Pricing date and share delivery date | Not stated | S-1/A No. 2"Approximate date of commencement of proposed sale to the public: As soon as practicable after this registration statement becomes effective." |
The SEC filing
Anthropic, PBC files on EDGAR under CIK 0002130357. The latest filing is Form S-1/A, Amendment No. 2 to the Form S-1 registration statement, Registration No. 333-299633, filed November 10, 2026 (filing index, prospectus document). Its cover reads "Subject to Completion. Dated November 10, 2026." and states the same share counts, price range, exchange and ticker as Anthropic's announcement.
The cover also says: "The information in this preliminary prospectus is not complete and may be changed. These securities may not be sold until the registration statement filed with the Securities and Exchange Commission is effective." (S-1/A No. 2)
| Form | Filed | Note |
|---|---|---|
| S-1/A (Amendment No. 2) | 2026-11-10 | Price range and share counts on the cover |
| S-1/A (Amendment No. 1) | 2026-11-02 | |
| S-1 | 2026-10-26 | First public registration statement |
| DRS and DRS/A | 2026-06-01 to 2026-10-09 | Draft registration statements, six entries on EDGAR |
Underwriters named on the prospectus cover, in the order listed: Goldman Sachs & Co. LLC, Morgan Stanley, J.P. Morgan, Citigroup, Barclays, Wells Fargo Securities, BofA Securities, Deutsche Bank Securities, RBC Capital Markets, UBS Investment Bank, BMO Capital Markets, BNP PARIBAS, Credit Agricole CIB, Jefferies, Mizuho, MUFG, TD Securities, BTIG, Cantor, Capital One Securities, Macquarie Capital, Societe Generale (S-1/A No. 2). Anthropic's announcement names Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC as the places to request the preliminary prospectus. Their contact details are on Anthropic's page.
The offering is Class A stock only. The filing also describes Class E, Class F, Class N and Class T common stock, along with Anthropic's Long-Term Benefit Trust, in its governance sections (S-1/A No. 2).
What does not change for API users today
Anthropic's roadshow announcement does not mention any change to Claude products, the API, pricing or terms. It is five paragraphs long, and all five are about the offering (Anthropic's announcement).
This page makes no claim about what happens to Claude products, the API, pricing or terms after today. To check them yourself, these are Anthropic's current pages:
- API pricing: https://platform.claude.com/docs/en/about-claude/pricing
- Models and model IDs: https://platform.claude.com/docs/en/about-claude/models/overview
- Commercial terms: https://www.anthropic.com/legal/commercial-terms
- Consumer terms: https://www.anthropic.com/legal/consumer-terms
Anthropic's announcement adds: "Today's announcement does not constitute an offer to sell or the solicitation of an offer to buy these securities" (Anthropic's announcement). This page is not one either.
Related: Claude Duet: what it does, who gets it, setup and Claude Code with Claude Fable 5.2: setup and cost.
Sources
All checked 2026-11-11.
- Anthropic, "Anthropic launches roadshow for proposed initial public offering", November 10, 2026: https://www.anthropic.com/news/roadshow-launch
- Anthropic, PBC, Form S-1/A Amendment No. 2, filed November 10, 2026: https://www.sec.gov/Archives/edgar/data/2130357/000162828026072484/anthropicpbc-sx1ax2.htm
- SEC EDGAR filing list for Anthropic, PBC (CIK 0002130357): https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0002130357&type=&dateb=&owner=include&count=40
This page is not financial or investment advice.