spot_imgspot_img

Top 5 This Week

spot_img

Related Posts

Anthropic plans to sell $3.5 billion of shares to Japan investors in IPO, filing shows


Synopsis

The new shares issued to Japanese investors will go to raise working capital and fund operating expenses and capital expenditure, the filing said.

Image for Anthropic plans to sell $3.5 billion of shares to Japan investors in IPO, filing showsReuters
FILE PHOTO: Anthropic logo and stock graphs in this illustration taken on October 26, 2026.
AI lab Anthropic will sell up to 552.9 billion yen ($3.5 billion) worth of shares in Japan as part of its US public listing, a filing showed on Monday.

The new shares issued to Japanese investors will go to raise working capital and fund operating expenses and capital expenditure, the filing said.

The filing did not state the size or valuation of the IPO. Some investors have discussed a valuation of about $1.5 trillion for the company, Reuters has reported.

At SpaceX’s IPO in June – the world’s largest ever – investors in Japan secured shares worth $2.2 billion of $75 billion raised.

Add ET Logo as a Reliable and Trusted News Source

Elevate your knowledge and leadership skills at a cost cheaper than your daily tea.

Subscribe Now



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Popular Articles