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Anthropic plans Nasdaq IPO with multi-class shares built to keep founders in charge

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The Claude maker's filing pairs explosive revenue growth with a governance setup that splits voting power, economics and board control Anthropic , the AI company behind the Claude models, is heading to the public markets. Its plan uses a layered share structure that divides voting rights and board control across separate classes of stock. The company submitted its Form S-1 registration statement to the SEC on October 26, 2026. It is seeking to list Class A common stock on the Nasdaq under the ticker “ANT.” A debut is planned for mid-November, with Goldman Sachs and Morgan Stanley leading the offering. The research summary of the filing refers to five classes. The arrangement is deliberately complex. Class A is the common stock set to trade on Nasdaq.

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