Anthropic ANT

Equity supply & unlock intelligence PRE-IPO

Nasdaq · proposed Class A listingAccession 0001628280-26-067168

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Initial IPO supply is not disclosed. Offering size, final outstanding shares and initial float are blank in this preliminary S-1. The historical supply below is a June 2026 accounting balance—not the IPO opening supply.

Historical participating common

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A + N · 30 Jun 2026 · rounded

Initial IPO / tradable float

Undisclosed

Missing is not zero

Preferred common equivalents

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30 Jun 2026 · not yet issued common

Conditional release rules

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4 cohorts · absolute share counts unknown

Historical share supply

Participating common outstanding · accounting basis

Class A · votingClass N · nonvoting

Reported in thousands and normalized to shares; historical counts are already split-adjusted. Source: consolidated balance sheets, F-6 ↗. Hover or focus a bar for quantities.

Common share composition

30 Jun 2026 · excludes governance stock

Class A—

Class N—

Classes T / F / ESpecial governance rights	NonparticipatingExclude from economic float
IPO primary shares	Undisclosed
IPO secondary shares	Undisclosed

Ownership allocation by investor / employee / founder cannot be reconstructed as a nonoverlapping supply split.

Potential supply ≠ outstanding supply

Separate reference quantities. These exposures are not a forecast or additive total.

Conditional / separate basis

Preferred conversion

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Common equivalents

June 2026 conversion reserve. IPO conversion quantities remain blank; D-series ratios differ from 10:1.

Note 10 · F-47–F-50 ↗

Amazon legacy notes

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Uncapped underlyings

June 2026 fixed-price illustration. Actual IPO delivery is subject to the waivable 12% ownership cap.

MD&A · p.164 ↗

Public Benefit Fund

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Separate legal ledger

Initial N contribution disclosed. Subsidiary-held stock is excluded from consolidated accounting outstanding.

Public Benefit Initiatives · p.235 ↗

Unexercised options, unsettled RSUs, ungranted reserves and future financing are separate exposures. Later discretionary Public Benefit issuances require price tests and Board approval. No maximum economic supply is fixed.

Unlock schedule

Individual contractual tranche caps · % of the selected cohort’s lockup securities

Relative event sequence

Rule	Contractual trigger	Cap / remaining balance

Cohort balances and holder overlap are unresolved. An unlock does not issue shares or establish a sale. Suppress later rules after terminal expiry. Times use America/New_York; calendar-day and full-trading-day conventions differ. Underwriting · pp.321–323 ↗

Source explorer

Filing sections, financial notes and relevant exhibits · explicit coverage status

Section / exhibit	Pages / locator	Data & limitations	Review status