Anthropic published the final terms of its initial public offering on Tuesday, setting the price range at $70 to $78 per share for 825 million Class A shares. At the top of the range, the offering would cap the total raise at approximately $64.4 billion. The combination of share count and per-share pricing fixes the mechanics of the deal: it determines the size of the raise and frames the valuation the company will carry when its shares begin trading.

Based on the disclosed terms, proceeds would total roughly $57.75 billion if the shares price at the bottom of the range, rising to about $64.4 billion at the high end — a scale that would place the deal among the largest IPOs on record. Pricing is expected on Nov. 18, roughly a week after the terms were published, with the stock set to begin trading once pricing is completed. That date is the next concrete milestone in the process, and where the final price lands within the $70 to $78 band will settle the exact proceeds before the first trading session.

Anthropic is a San Francisco-based artificial intelligence company known for developing the Claude family of AI models and the Claude assistant. The company was founded in 2021 by chief executive Dario Amodei and Daniela Amodei, together with a group of former OpenAI researchers. A completed listing would move the Claude developer from private ownership into the public market, giving public-market investors direct access to its shares for the first time.

This content was first published on COINOTAG: https://en.coinotag.com/anthropic-ipo-range-64-4-b illion