Tuesday, 02 January 2024 12:17 GMT

Anthropic Moves Toward IPO with Confidential SEC Filing


(MENAFN) US artificial intelligence company Anthropic, the developer of the Claude chatbot, announced Monday that it has confidentially submitted a draft registration statement to the US Securities and Exchange Commission (SEC) for a proposed initial public offering of its common stock.

The filing, made under Form S-1, allows the company to proceed toward a public listing once the regulator completes its review process. The submission remains confidential at this stage.

The company stated that any potential IPO would depend on market conditions and broader economic factors, with no final decision yet on timing.

Details such as the number of shares to be offered and the expected price range have not yet been disclosed.

Anthropic also clarified, under Rule 135 of the Securities Act of 1933, that the announcement does not constitute an offer to sell or a solicitation to buy securities.

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