Anthropic sets aside up to 20% of IPO shares for retail investors

The Claude maker plans to give US and European individual investors a far larger slice of its Nasdaq debut than is typical Anthropic, the company behind the Claude chatbot, plans to reserve up to 20% of its IPO shares for retail investors in the US and Europe. According to the company’s S-1 registration statement, the retail allocation is planned at 15-20% of shares. A typical IPO sets aside somewhere in the 5-10% range for individual buyers. The company is preparing to list on Nasdaq under the ticker ANT, with pricing anticipated around November 18 and trading expected to begin shortly after. The numbers behind the offering Anthropic PBC formally filed its S-1 on October 26, 2026. An updated filing followed on November 10, 2026, and that is where the specifics landed. The company set a price range of $70-$78 per share for 825 million Class A shares. At the top of that range, the offering could raise up to approximately $64.4 billion. The IPO is only part of the capital picture. Anthropic is also pursuing a private placement that could bring in $26 billion from cornerstone investors, with Google, Nvidia, and Microsoft among the names involved. Combine the public offering and the pr...