10:21:22 EST Thu 12 Nov 2026
Enter Symbol
or Name
USA
CA



SpaceX CDR (CAD Hedged)
Symbol SPCX
Shares Issued 20,500,000
Close 2026-11-11 C$ 23.20
Market Cap C$ 475,600,000
Recent Sedar+ Documents

Globe says Anthropic's IPO won't be like SpaceX's

2026-11-12 07:24 ET - In the News

The Globe and Mail reports in its Thursday edition that Canadian investors hoping to get a piece of Anthropic PBC's initial public offering will need a little luck, with American underwriters controlling the deal's order book and final share allocations out of New York. The Globe's Tim Kiladze and Andrew Willis write that unlike SpaceX's IPO in June, which allocated a sizable block of stock to retail investors, Anthropic's lead underwriters are keeping final decisions close to their vests. While it is possible that Canadian investors will get access to Anthropic shares -- particularly large institutional investors such as insurers and pension funds -- the amounts allocated to investors of all stripes will ultimately depend on total demand, according to sources not willing to go on the record. For a hot IPO that has orders for far more shares than the company plans to sell, the banks tend to allocate shares to the clients that pay the most and with which they have deep relationships. That means hedge funds and pension plans that pay significant commissions to dealers for trades and research are likely to get their orders filled first, while retail investors may only get a small fraction of the shares they requested.

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