Anthropic's (ANT) seven co-founders plan to sell $1.75 billion of stock in the IPO. Each would keep more than 98% of their shares.

Key points Anthropic's seven co-founders plan to sell $1.75 billion in the IPO Each Anthropic co-founder would keep more than 98% of their shares Anthropic's co-founders agree to a lock-up of up to a year The seven co-founders of Anthropic (ANT) plan to sell 23,648,646 shares in the company's IPO, worth about $1.75 billion at the $74 midpoint of the price range. Each co-founder plans to sell the same 3,378,378 shares, or about $250 million apiece, according to Anthropic's amended filing on Tuesday. The Nov. 2 version of the filing already named the co-founders as selling stockholders, but it left their share counts blank. Tuesday's amendment, the same one that set the price range at $70 to $78, filled them in. Anthropic won't receive any of the money from their sales. How much of their stock are Anthropic's co-founders keeping? Almost all of it.

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