Anthropic filed with the U.S. Securities and Exchange Commission (SEC) on November 10The second revised version of the prospectus (S-1/A), wrote the initial public offering (IPO) price range for the first time: US$70 to US$78 per share, and applied to be listed on the Nasdaq Global Select Market with the stock code "ANT".

This time, 825 million shares of Class A common stock were issued, of which 801 million shares were issued by the company, approximately 23.65 million shares were sold by existing shareholders, and the underwriters had an over-allotment option of 124 million shares. Based on the upper edge of the range of US$78, the issuance size is approximately US$64.4 billion.

Seven technology companies simultaneously raised US$26 billion in private placements, and TSMC subscribed for US$500 million.

The new version of the prospectus also revealed that after the IPO is completed, Google, Huida, AMD, Broadcom, Micron, Microsoft and TSMC Partners, a subsidiary of TSMC, will subscribe for a total of US$26 billion in Class N common shares at the IPO price. Google's subscription is used to fulfill part of its previously committed investment obligations.

Based on the mid-range value of US$74, Google and Huida each subscribed for about US$10 billion, AMD about US$2.5 billion, Broadcom, Micron and Microsoft each about US$1 billion, and TSMC about US$500 million. Private placement shares do not pay underwriting fees and are not subject to underwriter lock-up periods, but they are restricted securities and must be registered in accordance with the law or meet exemptions before they can be resold.

Anthropic estimates that at the midpoint, net proceeds from the IPO plus private placements would be about $84.6 billion, or about $93.7 billion if allotments are fully exercised. Certain directors and related institutions have also expressed non-binding interest in subscribing up to $303 million at the IPO price.

New investors get 6.3%, founder LLC holds 50.1% of voting rights

According to the prospectus, the 825 million shares in the IPO account for approximately 6.3% of the post-issuance Class A and Class N shares, and existing shareholders hold approximately 91% of the shares.

Voting rights are concentrated in the founders. Before the IPO, Anthropic will issue 1 share of Class F common stock to Founder LLC, established by the co-founders, whose members are CEO Dario Amodei, President Daniela Amodei and five other co-founders. The voting rights of this 1 share are fixed at 50.1% of the voting rights of all outstanding shares. It can dominate the election of directors other than T-class directors, but it does not have any economic rights.

Employees (excluding co-founders) receive Class E common stock, can only vote on a few matters, and have no economic rights.

Revenue in the first three quarters was US$33.2 billion, with more than US$900 billion in computing power commitments

In terms of financial figures, the prospectus shows that Anthropic’s revenue in the first three quarters of 2026 was US$33.2 billion, compared with only US$2.5 billion in the same period last year; the price reduction in the third quarter reduced revenue by approximately US$600 million (Related reports).

Including contracts signed on September 30 and later, Anthropic’s purchase and leasing commitments total approximately US$900.9 billion, almost all of which are computing power and infrastructure, of which approximately US$70.7 billion will be paid within the next 12 months (Related reports).

this article Anthropic priced at US$70-78 per share, with TSMC and Huida simultaneously investing in shares first appeared in Chain News ABMedia。