Anthropic is planning a live-streamed IPO event with Amodei and Dimon

Anthropic is planning a live online event where its CEO, Dario Amodei, and JPMorgan Chase CEO Jamie Dimon will talk about the company's planned initial public offering (IPO), according to $JPM +2.27% Bloomberg.

Bloomberg says the conversation is expected to take place around lunchtime on Friday in New York. It would be similar to the June event featuring Elon Musk, which was part of SpaceX's $86.2 billion stock market listing, but on a smaller scale. Representatives for Anthropic and JPMorgan declined to comment.

Anthropic started its roadshow for its planned IPO on Tuesday. The offering includes 825 million shares of Class A common stock. Anthropic is selling 801,351,354 shares, while some current shareholders are selling another 23,648,646 shares. Anthropic will not receive any money from the shares sold by these existing shareholders.

The company expects each share to cost between $70 and $78. It has asked to list its Class A shares on the Nasdaq $NDAQ +1.29% Global Select Market under the stock symbol "ANT." Anthropic has filed a registration statement with the U.S. Securities and Exchange Commission, but it has not yet been approved and become effective. The company says the shares cannot be sold until that happens.

According to Bloomberg, Anthropic expects to set the final share price and begin trading on Nasdaq before the U.S. Thanksgiving holiday.

JPMorgan is one of the 22 banks working on the IPO. According to Bloomberg, it is responsible for promoting the shares to individual investors in the U.S. and distributing shares to those buyers. Anthropic has considered setting aside about 15% to 20% of the shares for individual investors. Citigroup $C +2.45% is managing the offering for individual investors outside the U.S. This includes buyers in the U.K., Canada, Japan, Australia and some parts of Europe.

Anthropic filed an updated registration statement on Tuesday. It said that AMD $AMD +13.26%, Broadcom $AVGO +8.78%, Google $GOOGL +1.18%, Micron $MU +6.25%, Microsoft $MSFT +2.75%, Nvidia $NVDA -4.27% and TSMC $TSM +3.51% had agreed to buy $26.0 billion worth of its Class N common stock. This is a private stock purchase at the same price as the IPO. The deal depends on the IPO being completed and on other conditions being met.

Anthropic's latest funding round valued the company at $965 billion.