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The Defiant

Anthropic IPO Said to Restrict China, Hong Kong Institutions

By The Defiant

Some investors are exploring offshore bids, Bloomberg reports, but receiving shares remains uncertain ahead of expected Nov. 18 pricing.

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Initial public offering

The first sale of a private company's shares to the public, after which the shares trade on a stock exchange.

An IPO raises money for the company and lets early owners and investors sell part of their stake.

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