Anthropic Completes Tender Offer, Employees Reduce Share Sale Size

GateNews

Gate News message, April 9, an Anthropic employee has sold some equity to investors, completing the secondary equity sale that was launched earlier this year. However, because the number of shares employees are willing to sell is limited, some investors were unable to obtain enough shares as planned. The offer acquisition price is the same as the valuation from the company’s most recent funding round in February this year; based on the latest transactions, the company is valued at $350 billion.

The total amount of shares sold in this round has not yet been disclosed, but it is understood to be smaller than the $6 billion raised by investors. Anthropic employees want to keep more shares ahead of the company’s upcoming initial public offering (IPO), which is expected to take place as early as this year.

Sources familiar with the matter say that the deal size being below expectations is related to the company’s rapid revenue growth. Last month, the company’s annualized revenue exceeded $19 billion; by April, Anthropic announced that its annualized run-rate revenue had surpassed $30 billion.

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