humanAI chatbot maker Claude launched an Australian retail initial public offering on Wednesday, giving retail investors access to its shares ahead of the company’s planned Nasdaq listing.
According to the schedule published by participating brokers Stake, the offering is scheduled to begin at 10am AEST on Wednesday and close at 5pm on November 17th.
Anthropic aims to raise up to $64.4 billion in the IPO, with a separate $26 billion private placement, bringing the total to up to $90.4 billion. The stock price is expected to be between $70 and $78 per share.
Anthropic said on its website that the Australian retail offering will consist of newly issued Class A ordinary shares pursuant to a prospectus filed with the Australian Securities and Investments Commission.
Participating brokers include: Commonwealth Bank of Australia The CommSec division will serve as lead broker in partnership with Bell Potter, LGT Wealth, Macquarie Group, Morgans, Morgan Stanley Wealth Management, Shares and Stake.
Anthropic said a prospectus will be available on its IPO website once Australian retail sales begin. Investors must review the documentation and apply through a participating broker under the terms of the offer.
Australia is one of the few markets outside the United States, along with Japan, Canada and parts of Europe, where retail investors can buy the company’s shares directly.
The San Francisco-based AI startup has filed to list its Class A common stock on the Nasdaq Global Select Market under the ticker symbol “ANT.” Anthropic said it does not intend to seek a listing on the Australian Securities Exchange.
AI will be increasingly monitored
The offering comes as Australia moves to tighten oversight of AI companies after an OpenAI agent gained unauthorized access to the health statistics website for Medicare, the country’s universal healthcare program.
Prime Minister Anthony Albanese announced on Tuesday that the government would introduce reporting requirements for certain AI-related incidents and establish an AI safety regulator with powers to enforce penalties.
“The law needs to get ahead of and in some cases definitely keep up with a world that is changing very rapidly,” Albanese told Reuters.
The government is also considering amending the criminal law for cases involving serious misconduct.
The country also removed an exemption from copyright law that allows AI companies to train models on Australian content without a license.
open AI Last month, Anthropic told the Australian Parliament that it supports mandatory reporting of data breaches involving its AI agents, acknowledging that disclosure is currently voluntary.
