Comment by tilltheend
15 hours ago
>Anthropic employees and early investors will be able to sell their shares on the first day the AI firm begins trading, followed by several scheduled dates in which IPO lock-ups expire. This phased approach deviates from the traditional IPO process, in which insiders are unable to sell their shares for 180 days following a company’s Wall Street debut.
>Under Anthropic’s staggered lock-up schedule, workers and insiders will be able to sell an unspecified number of Class A shares as time passes after the debut. The lock-ups open 27, 48, 62, and 76 days following the IPO, the filing explained.
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