The shares will be priced between 17 US dollars (£10.49) and 20 US dollars (£12.34), according to amended documents filed to the American stock exchange.
The social networking site will offer 80,500,000 shares, just less than one-fifth of the company's total outstanding shares before options.
It means the company, which trades under the name TWTR, values itself at as much as 10.9 billion US dollars (£6.3 billion).
Last month the microblogging site announced its intention to float - by announcing the news in a tweet.
Twitter currently has 200 million active users, who send more than 500 million tweets a day.
Twitter filed paperwork for the initial public offering (IPO) last month, with experts valuing the site at between 10 billion and 15 billion US dollars (£6.3 billion to £9.5 billion), with most bets around the 11 billion dollar (£6.9 billion) mark.
The Initial public offering sparked constant discussion on Wall Street since Facebook floated in May last year for 104 billion dollars (£66.2 billion).
Twitter, founded in 2006, has grown to become one of the largest and most powerful social media platforms in the world.
The San Francisco-based site is used as a tool by celebrities, journalists and millions around the globe to publish 140-character messages in real-time.
It has 200 million users worldwide - including 10 million active users in the UK - who post around 400 million tweets a day.
The company is believed to be on track to post 583 million dollars (£368 million) in revenues this year and one billion dollars (£630 million) next year.