Australian residents only. The offer is made under the Australian Prospectus and is not available to persons in the United States.

Initial public offering | Australian residents

Anthropic, the company behind Claude, is listing on Nasdaq. Register your interest.

SureStone Capital is facilitating access to the Anthropic IPO for its clients. We will send you the Prospectus and next steps.

Offer documents

Download the Australian Prospectus and fact sheet before you register your interest.

  • US$70 to US$78Estimated price range per share. The Final Price may be outside this range.
  • ANTNasdaq code. Trading expected from 20 November 2026. Not listed on the ASX.
  • US$17.0bnRevenue in the three months to 30 September 2026.

Figures are from the Australian Prospectus and are not a reliable indicator of future performance. See the key risks below.

Key dates (AEDT, indicative)

  • 11 Nov 2026Australian Offer opens
  • 17 Nov 2026Australian Offer closes, 5:00pm
  • 19 Nov 2026Final Price determined
  • 20 Nov 2026Trading expected to start on Nasdaq (ANT)
  • 21 Nov 2026Settlement, shares issued to successful applicants

Dates may change without notice. Your broker may set an earlier closing date.

The offer of shares is made under the Australian Prospectus dated 10 November 2026 issued by Anthropic, PBC and lodged with ASIC, available here: Prospectus (PDF) | Fact sheet (PDF). Anyone who wants to acquire shares should read the Australian Prospectus in full and will need to complete the application form in or accompanying it.

Clients may apply for shares under the offer. The offer closes at 5:00pm (Sydney time) on Tuesday 17 November 2026.

Prefer to talk it through first? Call 1300 687 941.

Anthropic IPO key facts

The offer

Estimated price rangeUS$70.00 to US$78.00Per share. The Final Price is expected to be set on 19 November 2026 and may be below, within or above this range.
Indicative market capUS$968.4bnApproximately, at the US$74.00 midpoint, assuming the Overallotment Option is not exercised.
Offer sizeUS$87bnApproximate gross proceeds of the Global Offer and Concurrent Private Placement, at the midpoint, before overallotment. 825,000,000 shares offered globally.
Concurrent Private PlacementUS$26.0bnGoogle, NVIDIA, AMD, Broadcom, Micron, Microsoft and TSMC to buy shares at the IPO price, subject to conditions.
ListingNasdaq: ANTTrading expected from 20 November 2026. Not listed on the ASX.
Australian OfferNo minimumNo minimum or maximum application. No brokerage, commission or stamp duty payable by applicants. Your broker may charge currency conversion fees.
  • Who can apply: Australian residents (excluding institutional investors), through a broker, for newly issued Class A shares.
  • Use of proceeds: general corporate purposes, including investment in compute and infrastructure and hiring and retaining highly skilled personnel.

The business

Quarterly revenueUS$17.0bnThree months to 30 September 2026
Revenue growth1,127%Year-on-year, three months to 30 September 2026
Large customers11,900+Customers with US$100,000 or more of revenue over the trailing twelve months, at 30 September 2026
Net lossUS$104.0bnNine months to 30 September 2026

Revenue for the three months to 30 September 2026 was US$17.0 billion. Anthropic recorded a net loss of US$104.0 billion in the nine months to 30 September 2026 and may continue to incur significant losses. Past growth is not a reliable indicator of future performance. See Key risks below and the Prospectus.

Anthropic is a public benefit corporation that develops the Claude family of AI models. It was incorporated in Delaware in 2021 and is headquartered in San Francisco.

How to take part

01

Register your interest

Use the form on this page.

02

Read the Prospectus

We send you the Australian Prospectus and application form.

03

Apply

Apply on the application form if you decide to proceed.

Full offer details, including key dates, pricing and allocation, are in the Prospectus. See also the fact sheet.

Register your interest

Key risks

Investment involves risk. Share prices are not guaranteed and may fall. See the Prospectus for important risks.

  • Nasdaq only. The shares trade on Nasdaq, in a different time zone, not on the ASX.
  • US dollars. Currency movements can change what you receive and what your holding is worth.
  • Control and governance. As a public benefit corporation, Anthropic balances shareholders' interests against its public benefit purpose, and Class A shareholders generally cannot affect the outcome of votes.
  • Valuation and volatility. The share price may be volatile and you may lose all or part of your investment.
  • Price and allocation. You apply for a dollar amount before the Final Price is set and generally cannot withdraw. You may receive fewer shares than you applied for, or none.
  • History of losses. Anthropic has made a net loss every year since its founding and may not achieve or sustain profitability.

Read the full risks in the Prospectus.

SureStone Capital Pty Ltd • Level 31, Suite 2, Angel Place, 123 Pitt Street, Sydney NSW 2000 • 1300 687 941
Register your interest