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Anthropic's seven co-founders plan to sell 3.3784 million shares each in the company's IPO. At the midpoint offering price of $74, each stands to pocket approximately $250 million. The sale represents only about 1.4% of each founder's original holdings, and even after the transaction, each will still hold shares worth close to $18 billion on paper. Anthropic plans to issue 825 million Class A shares. Should the offering price hit the upper limit of $78, the fully diluted valuation could reach $1.404 trillion, with the company set to list on Nasdaq under the ticker ANT. Through related arrangements, the seven founders control more than half of the voting rights, while a long-term interest trust holds a majority of board seats—leaving the company's control structure intact.
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