Twitter expects to see its initial public offering share price of between $17 and $20 per share.
The company is also offering 70 million shares when it first hits the New York Stock Exchange, according to the amended S-1 filing with the U.S. Securities and Exchange Commission (SEC) on Thursday.
The microblogging giant, which will run under the ticker symbol "TWTR" when it becomes a publicly traded company, is set to go public in the coming months.
Should Twitter hit the $20 per share mark, it could raise as much as $1.6 billion.
Earlier this month, it was reported that traders would beas part of a "dry run" ahead of the company's public offering.
Thursday's news lands at the same time NBC News executive Vivian Schiller formally accepted a new role as Twitter's Head of News, reports AllThingsD.
In its original S-1 filing, Twitter touted its news-generating capability with more than 500 million tweets are published per day. It noted how it capitalized on major media moments — from U.S. president Barack Obama claiming reelection victory, as well as its "enabling" role the "Arab Spring" that swept across the Middle East and northern Africa in 2010.