Binance Expects Anthropic Pre-IPO Perpetual's Share Count Basis to Reach 13.1 Billion

According to the announcement from Binance, the ANTHROPICUSDT Pre-IPO Perp is currently based on an estimated 1 billion shares, as specified in the Contract Specifications published on 2026-06-02. Anthropic’s S-1/A-2, published on 2026-11-10, disclosed an anticipated share count of 13,116,075,288. Binance Futures said it expects to adjust the contract’s share count basis, with the adjustment announced before Anthropic’s Official IPO Listing date. The timing and details will be announced separately. Until further notice, the current Contract Size will remain unchanged. The expected revised total comprises 13,086,672,593 common shares outstanding after the offering and concurrent private placement; 561,963 Class A shares issued after 2026-09-30 in connection with acquisitions; 848,882 Class N shares issued after 2026-09-30 in connection with acquisitions and convertible to Class A; and 27,991,850 Class N shares issued after 2026-09-30 in the Matching Issuance and convertible to Class A. The share count basis includes common shares issued and outstanding, but excludes unexercised options, unsettled RSUs, unconverted convertibles, shares issuable through the underwriters’ option and shares reserved for future issuance. Binance Futures may revise the estimate if Anthropic updates its filing before the Official IPO Listing, and the actual count may differ. During the contract adjustment, the ticker will change to ANTUSDT Pre-IPO Perp; open positions will not be affected, and users will not need to close or settle them.