Anthropic to Raise $3.5 Billion in Japan Alone Ahead of U.S. IPO... 'Record-Breaking Offering'
About 60% larger than the amount raised by SpaceX, which went public in June
Anthropic IPO expected to test investor demand for AI-related stocks
U.S. artificial intelligence (AI) company Anthropic plans to raise up to $3.5 billion (about KRW 4.7 trillion) in Japan alone ahead of its U.S. initial public offering (IPO).
According to Japan’s Nihon Keizai Shimbun (Nikkei) on Nov. 2, Anthropic plans to raise up to $3.5 billion through a public offering in Japan, according to a securities registration statement it filed with Japan’s Kanto Local Finance Bureau.
This is expected to be the largest public offering ever conducted in Japan in connection with an IPO by a foreign company. It is about 60% larger than the amount raised by U.S. space company SpaceX, which went public in June.
Japan is one of the few markets outside the United States where investors can participate directly in a public offering. In addition to Japan, Anthropic plans to conduct offerings in Australia, Canada, some countries in the European Economic Area (EEA), Switzerland, and the United Kingdom.
Mizuho Securities will lead the public offering in Japan. Applications will also be accepted through Goldman Sachs Securities, Mitsubishi UFJ Morgan Stanley Securities, Rakuten Securities, and SBI Securities.
Anthropic filed for an IPO on the Nasdaq Stock Market in the United States last month. With Meta Platforms and Google parent Alphabet also announcing plans to raise substantial amounts of capital through stock-related offerings, Anthropic’s IPO is expected to serve as a test of investor demand for AI-related stocks.
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The public offering in Japan will use the “POWL” method, in which shares are offered and sold without being listed on an exchange. The same method was used for SpaceX’s listing on the U.S. stock market.
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