Anthropic Selects JPMorgan to Lead IPO With US Retail Allocation

TechFlow reported on Oct. 28 that, according to people familiar with the matter, Anthropic has selected JPMorgan Chase to manage the sale of shares to U.S. retail investors for its IPO. JPMorgan Chase CEO Jamie Dimon is expected to participate in the bank's IPO activities. Anthropic has considered allocating approximately 15% to 20% of the total shares available in the IPO to retail investors. JPMorgan Chase previously led the retail subscription process for SpaceX's $86.2 billion IPO and will assume this role again in Anthropic's IPO.

People familiar with the matter also stated that Citigroup (C.N) will coordinate the offering to international retail investors. According to the IPO filing documents, the issuance will also be conducted in Australia, Canada, Japan, certain European Economic Area countries, Switzerland, and the United Kingdom.