Twitxy Saved

Kate Rooney

Verified account This account is verified. Learn more

@Kr00ney

@CNBC in San Francisco. Covering OpenAI, Anthropic, Amazon, Microsoft & all things AI

Signal: @ kr00ney.24
Email: Kate.Rooney@cnbc.com
San Francisco, CA cnbc.com/kate-rooney/ Joined July 2009
2.8K Following 47K Followers 4.2K Posts

Latest posts 5

Kate Rooney Verified account @Kr00ney
🐜
Leslie Picker Verified account @LesliePicker 1d
A bit of Anthropic roadshow color, according to people familiar with the matter

- Expected to price next Wednesday, begin trading on Thursday (Nasdaq-listed)
- I’m told they’re already covered from institutional investors at the $70-$78/SH range on an allocable basis (meaning, extracting over-inflated orders). So, they’re already technically oversubscribed
- They’re estimating that about 20% of the offering will go to retail
- I’m told the institutional demand is even stronger than SpaceX at this point in the process (although SpaceX was raising more from the public markets because they didn’t have the cornerstone component)

$ANT
View quoted post on X