# Anthropic plans $3.5 billion share sale to Japanese investors

> Anthropic may sell about $3.5 billion of shares to Japanese investors.

*The Japan tranche forms part of its planned US IPO, with final amounts set at pricing.*

By Bez · FeaturedDaily
Canonical: https://featureddaily.com/news/anthropic-plans-3-5-billion-share-sale-to-japanese-investors

**What happened:** A Japanese filing shows Anthropic may sell up to 552.9 billion yen to Japanese investors as part of its planned US listing. Reuters puts that at about $3.5 billion. The tranche was disclosed in Anthropic's S-1, which Reuters reports was filed with the SEC on 26 October. [Reuters, via Investing.com](https://www.investing.com/news/stock-market-news/anthropic-plans-to-sell-35-billion-of-shares-to-japan-investors-in-ipo-filing-shows-4989963)

**The numbers:** The maximum is 552.9 billion yen, converted at 157.82 yen per dollar. The final amount will not be known until pricing.

**The details:** Mizuho Securities will manage the Japan portion. Goldman Sachs, Mitsubishi UFJ Morgan Stanley Securities and Morgan Stanley MUFG Securities are among the firms taking subscriptions. Investors in Australia, Canada, parts of Europe, Switzerland and the UK can also take part.

**Why it matters:** Anthropic says the proceeds are meant to fund working capital, operating expenses and capital expenditure. Hmm, the notes state proceeds are meant for these uses, so the offering is tied to funding day-to-day operations and investment.

**The context:** Japanese investors took $2.2 billion of SpaceX's $75 billion IPO in June, a precedent for this kind of tranche. [CitiNewsroom](https://www.citinewsroom.com/2026/11/anthropic-plans-to-sell-3-5-billion-of-shares-to-japan-investors-in-ipo/) reports the same filing.

**The catch:** The filing does not give the offering size or valuation. Some investors have discussed a valuation near $1.5 trillion, according to Reuters. Other reports cite $1.8 to $2 trillion.

**What's next:** Pricing will set the final amount. A newsletter attributing its information to IFR reports a roadshow the week of 9 November and a debut around 20 November. Neither date is confirmed. Reports say Anthropic plans to list on Nasdaq under the ticker "ANT".

## Key takeaways

- Japanese tranche could reach 552.9 billion yen, about $3.5 billion.
- Final amount depends on pricing and is not yet known.
- Nasdaq listing reportedly under the ticker "ANT".

## Sources

- [Anthropic plans to sell $3.5 billion of shares to Japan investors in IPO, filing shows](https://www.investing.com/news/stock-market-news/anthropic-plans-to-sell-35-billion-of-shares-to-japan-investors-in-ipo-filing-shows-4989963) — Reuters (via Investing.com), 2026-11-02
- [Anthropic plans to sell $3.5 billion of shares to Japan investors in IPO, filing shows](https://www.citinewsroom.com/2026/11/anthropic-plans-to-sell-3-5-billion-of-shares-to-japan-investors-in-ipo/) — CitiNewsroom, 2026-11-02