"Anthropic Is the Only US IPO Left This Year... Prospectus to Be Revealed Late This Month"

As Anthropic is practically the only tech company left on the schedule for a U.S. initial public offering (IPO) this autumn, the company is reportedly planning to make its prospectus (Form S-1) public late this month.

Citing sources familiar with the matter, Reuters reported on the 22nd (local time) that Anthropic plans to unveil its registration statement as early as the end of this month and proceed with its IPO in the middle of next month.

However, the sources noted that this plan and schedule are subject to change.

Anthropic is expected to kick off stock marketing (roadshows) targeting potential investors during the week of November 9.

Citing the rule that companies undergoing confidential review must make their registration statements public at least 15 days before launching a roadshow, U.S. investment media outlet The Motley Fool pointed out that if the roadshow starts on November 9, the statement must be released by October 25, or the schedule could be delayed further.

Because October 25 falls on a Sunday, the final business day available for submission through the Electronic Data Gathering, Analysis, and Retrieval (EDGAR) system is the 23rd.

Based on such schedules, The Motley Fool reported that the registration statement could be released as early as the 23rd.

According to Reuters, AI infrastructure and data center companies are successively delaying their listings amid rising interest rates and questions over the sustainability of AI investments.

Other issuers are reluctant to compete with Anthropic for institutional investor interest and capital, insiders said.

Amid debates surrounding AI and rising interest rates, U.S. IPOs in October are projected to have their slowest month of the year.

According to Bloomberg, funds raised through U.S. IPOs from the end of September through the 22nd amounted to just $587.7 million (approx. 778.8 billion KRW), contrasting sharply with the $162.6 billion (approx. 215.5 trillion KRW) raised from the beginning of the year through the end of September.

Wall Street analysts predict that fourth-quarter IPOs will turn out to be a bust, with the exception of Anthropic.

(Photo: Yonhap News)
※ Please note: This article was translated by AI and may contain errors.