Is Anthropic the IPO market’s last hope for 2026? The clock is ticking

Morgan Chittum here. More bad news in the IPO market this week. On Monday, Chinese manufacturer Kepuni Holdings withdrew plans for a Nasdaq listing that had been expected to raise $15 million. A day later, Gravitics Holdings slashed its deal size by a whopping 60% ahead of the space-system developer’s $50 million IPO. Meanwhile, South Korea’s Elice Group plunged 32% on its first day of trading due to jitters about AI-related stocks. According to Dealogic data, it was the country’s worst-ever debut for a company that raised more than $100 million.

Source: Fortune Crypto