Anthropic to begin Nasdaq IPO roadshow on Nov. 10: IFR

Anthropic will officially begin its public roadshow for a Nasdaq initial public offering on Nov. 10, IFR reported, citing sources. The AI research company is expected to set its offering price after the U.S. market closes on Nov. 18 and begin trading on Nov. 19. The 22-bank underwriting syndicate received the roadshow schedule on Nov. 9, in line with previously shared guidance, according to IFR. Concerns had emerged over the past week that the roadshow could be delayed amid selling pressure in AI-related stocks. Anthropic is expected to raise $75 billion to $100 billion in the IPO.