Anthropic Said to Pick JPMorgan to Lead IPO Retail Allocation

BlockBeats news, October 28 - According to people familiar with the matter, Anthropic has selected JPMorgan to handle the sale of shares in its IPO to U.S. retail investors. JPMorgan CEO Dimon is expected to participate in the bank's IPO activities. Anthropic has considered allocating approximately 15% to 20% of the total shares available for sale in the IPO to retail investors. JPMorgan previously led the organization of retail subscriptions in SpaceX's $86.2 billion IPO, and will once again assume this role in Anthropic's IPO.

The people familiar with the matter also said that Citigroup (C.N) will coordinate the offering to international retail investors. According to the IPO filing, Anthropic's offering will also be conducted in Australia, Canada, Japan, certain European Economic Area countries, Switzerland, and the United Kingdom.