← Back to dashboard
QuantLogix · IPO Center
UPCOMING IPO

ANTHROPIC, PBC (ANT)

This company has not started trading yet. The live 5-factor QL signal switches on automatically on its first session.

About ANTHROPIC, PBC

For the first time in history, intelligence is something humans can build. The cognitive capability to reason, analyze, synthesize, decide, and create is producible at scale and accessible on demand. We believe this abundance of super intelligence 1 will rapidly transform every sector of the global economy in ways greater than the impact of industrialization, electricity, semiconductors, and the internet.

From ANTHROPIC, PBC's Form S-1/A filed with the SEC on 2026-11-10. The issuer's own words — QuantLogix does not paraphrase it.

Industry
Services-Prepackaged Software
Headquarters
San Francisco, CA
Incorporated in
Delaware
Fiscal year ends
December 31

The offering

Ticker
ANT
Exchange
XNAS
Expected listing
2026-11-19Thu
Expected price range
$70–$78
Deal size
$74,003M
gross proceeds
Shares offered
825,000,000
Share class
Technology

Use of proceeds

We intend to use the net proceeds from this offering and the concurrent private placement for general corporate purposes, including working capital, operating expenses, and capital expenditures, including investments in compute and infrastructure, as well as hiring and retention of highly skilled personnel.

From ANTHROPIC, PBC's Form S-1/A filed with the SEC on 2026-11-10. Quoted from the prospectus.

Financials, as filed

The audited financial statements for this issuer are in its Form S-1/A filed 2026-11-10. QuantLogix only publishes figures it can read directly from the filing.

Risks ANTHROPIC, PBC flags in its own filing

The first 6 items of the issuer's “Summary of Risk Factors”, verbatim — the prospectus lists more. From ANTHROPIC, PBC's Form S-1/A filed with the SEC on 2026-11-10.

QL Listing Score — the prospectus, scored

75/100
Strong · medium confidence
The evolution of the private-company QL Score at the point of listing: four evidence pillars read deterministically from the registration statement — growth, revenue quality, technology and risk — weights frozen per version (v1.1.0), pillars with no evidence excluded and reweighted, never defaulted.
Growthno evidence — excluded
Revenue quality90
250% net revenue retention stated
Technology57
technology-language density 5.5/10k words (lexical indicator, not a technical audit)
Risk67
issuer will be a "controlled company" under exchange rules · lighter-than-typical hedging language
Foundationno evidence — excluded
✓ No going-concern doubt✓ No material weakness disclosed✓ Single share class✓ No customer-concentration flag◆ Emerging growth company (reduced disclosure)◆ 250% net revenue retention stated

From ANTHROPIC, PBC's Form S-1/A filed with the SEC on 2026-11-10. Extraction is deterministic — the same filing always produces the same score; 155k characters of the document were scanned. Technology signals are lexical indicators, not a technical audit. Not investment advice; the debut itself will be this score's first grade.

Deal terms come from the public IPO calendar and change up to pricing — an expected date reads “to be announced” until the underwriters set it, and a range is not a final price. Implied market cap and float are arithmetic on those disclosed terms. Nothing on this page is a forecast or a recommendation.

Full IPO calendar → ⭐ Track ANT — first-signal alert on listing day Pre-IPO universe →