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Long-Term Benefit Trust (LTBT)

Long-Term Benefit Trust (LTBT)

Independent Governance Body

Appears in 1 story

Stories

Anthropic employees hold shares as tender offer falls short, signaling confidence ahead of IPO

Money Moves

Holds escalating board-appointment rights over Anthropic

Anthropic offered employees up to $6 billion in liquidity through a tender offer at a $350 billion valuation — the same price as its February fundraising round. Employees mostly said no. The sale completed in early April well below its target because staff chose to hold their shares, betting that the company's planned initial public offering (IPO) later in 2026 will deliver a higher price.

Updated 3 hours ago