This market will resolve according to the final offering price per share of Anthropic's Class A common stock in its initial public offering (IPO).

The IPO price will be the final offering price to the public per share of Class A common stock, as stated in the first final prospectus filed under Rule 424(b) with the U.S. Securities and Exchange Commission. Brackets are inclusive of both listed values, measured to the cent (e.g., $78.00 falls in "$76 to $78" and $78.01 falls in "$78.01 to $82").

For this market, an IPO means an underwritten initial public offering of Anthropic's Class A common stock that results in those shares trading on a U.S. national securities exchange. A direct listing, a merger with a special purpose acquisition company, or a listing outside the U.S. will not count, because none of them sets an offering price. An IPO counts as completed by December 31, 2027, 11:59 PM ET if its final offering price is set and its shares begin trading by that time; the final prospectus confirming the details may be filed afterwards. If Anthropic does not complete an IPO by then, or is acquired by or merges into another company before completing one, this market will resolve to "No IPO by December 31, 2027".

The primary resolution source will be the final prospectus filed with the SEC; however, a consensus of credible reporting may also be used.