Anthropic PBC unveiled on Monday that it has filed an S-1 form with the United States Securities and Exchange Commission (SEC), starting the initial public offering (IPO) process.
According to the SEC filing, Anthropic said it plans to list its Class A common stock on the Nasdaq Global Select Market under the symbol "ANT" at a yet-to-be-announced IPO price. Anthropic will also offer Class T; a single share of Class F "to a limited liability company organized by our co-founders," titled the Founder LLC; Class E to the employees; and Class N common stock to strategic business partners. Only Class A owners will be able to vote on all matters, while Class E owners will have a limited voting right.
Anthropic also revealed it has created the Long-Term Benefit Trust (LTBT) to ensure that its aim to develop responsible AI beneficial for humanity aligns with its goals as a public benefit corporation. Previously, it was reported that Anthropic could seek an all-time high valuation of $2 trillion and go public in November.
https://breakingthenews.net/Article/Anthropic-publicly-files-for-IPO/67399125
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