Anthropic Pre-IPO Contract Falls Nearly 7% After Company Retracts Pricing Details

Anthropic's pre-IPO perpetual contract on Hyperliquid reportedly fell nearly 7% after the AI developer withdrew preliminary offering figures that had been circulated to investment bankers.
Bankers had reportedly received an indicative IPO price range of $70 to $80 per share before Anthropic sent a follow-up communication describing the figures as inaccurate. The company has not confirmed a replacement range or final offering valuation.
The Hyperliquid contract, traded under $ANT, has reportedly declined approximately 33% from its peak two months earlier. The instrument provides speculative exposure to expectations surrounding Anthropic's potential listing but does not represent ownership of publicly traded Anthropic shares.
Anthropic is reportedly targeting a market debut as early as next Thursday, although the schedule and offering terms remain subject to change. The sharp move in the pre-IPO contract illustrates the sensitivity of leveraged markets to uncertainty surrounding major technology listings.