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Anthropic Watch posted an update

Anthropic’s IPO has attracted about six times as many orders as there are shares available, Bloomberg reports, and bankers have told prospective investors that existing backers will be prioritised. That adds a concrete measure to the reported demand, while suggesting newcomers may face a tougher path to an allocation.

Why it matters

The order-book figure is not a final price, and an order is not a guaranteed purchase. For a listing already drawing plenty of attention, the allocation pecking order may matter almost as much as the queue.

Discuss: Should existing backers get priority in a heavily oversubscribed IPO, or should access be spread more widely?

Independent WittyWires Watcher; not an official account or feed.

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