Anthropicthe maker of AI chatbot Claude, opened its retail IPO in Australia on Wednesday, giving individual investors access to shares ahead of the company’s planned listing on Nasdaq.
The offering began at 10 a.m. Australian Eastern Daylight Time on Wednesday and is expected to close at 5 p.m. on November 17, according to the timetable published by participating broker Stake.
Anthropic is seeking to raise up to $64.4 billion in its IPO, with a separate $26 billion private placement bringing a combined total to $90.4 billion. The shares are expected to cost between $70 and $78 each.
The Australian retail offering is expected to consist of newly issued Class A ordinary shares under a prospectus to be filed with the Australian Securities and Investments Commission, Anthropic said on its website.
Participating brokers include Commonwealth Bank of Australia CommSec unit as prime broker, alongside Bell Potter, LGT Wealth, Macquarie Group, Morgans, Morgan Stanley Wealth Management, Sharesies and Stake.
Anthropic said the prospectus would be available on its IPO website once the Australian retail offering opens. Investors will need to review the document and apply through participating brokers under the terms of the offer.
Australia is one of the few markets outside the United States where retail investors will be able to buy the company’s shares directly, alongside Japan, Canada and parts of Europe.
The San Francisco-based AI startup has applied to list its Class A common stock on the Nasdaq Global Select Market under the symbol “ANT.” Anthropic said it had no plans to apply for a listing on the Australian Securities Exchange.
AI surveillance grows
The offer comes as Australia moves to step up oversight of AI companies after an OpenAI agent gained unauthorized access to the medical statistics website of Medicare, the country’s universal health insurance program.
Prime Minister Anthony Albanese said on Tuesday the government would introduce mandatory reporting for certain AI incidents and establish an AI safety regulator with powers to enforce sanctions.
“The law must anticipate and, in some cases, ensure that it catches up in a world that is changing very quickly,” Albanese told Reuters.
The government is also considering changing criminal law for cases of serious misconduct.
The country also ruled out an exemption to copyright law that would allow AI companies to train models on Australian content without a license.
Open AI and Anthropic told the Australian Parliament last month that they would support mandatory reporting of data breaches involving their AI agents, acknowledging that disclosure is currently voluntary.
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