More details have been revealed about Twitter Inc (NYSE:TWTR)’s upcoming initial public offering. A filing with the Securities and Exchange Commission released today shows Twitter has been approved for listing on the New York Stock Exchange and suggests an IPO price range of between $17 and $20 per share.

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Twitter to offer 70 million shares

According to the filing, Twitter Inc (NYSE:TWTR) will offer 70 million shares on its IPO day. Using the middle of its offered price range, this would suggest that the micro-blogging site will be able to raise almost $1.3 billion at its IPO. This would also value Twitter “on a fully diluted basis” at over $12 billion, according to Michael J. De La Merced of The New York Times. This would make Twitter about four times as large as AOL, Inc. (NYSE:AOL).

Twitter prepares for its road show

The company is currently putting together its road show. Today’s SEC filing included a prospectus for investors, although of course regulators have neither approved nor disapproved of its accuracy or adequacy. Executives and advisors will begin traveling across the U.S. presenting their prospectus to investors through numerous meetings, which could start as soon as Monday. The company will be posting a video presentation online soon.

Sources told The New York Times that Twitter Inc (NYSE:TWTR) has moved up the pricing of its IPO by over a week. They claim the company’s IPO will be on Nov. 6, which would mean that it would start trading on the New York Stock Exchange on the following day.

Twitter’s offering less than Facebook

Twitter has undoubtedly been taking steps to avoid a disaster like what Facebook Inc (NASDAQ:FB) experienced last year with its IPO. Part of this strategy may be the lower valuation. The $17 to $20 range is about half of what Facebook’s offering was. Twitter Inc (NYSE:TWTR)’s IPO is one of the most anticipated offerings since Facebook’s offering last year.