Software house Atlassian has beefed up its initial public offering, making more shares available at a higher price range.
Under the new deal, Atlassian is now offering 22 million shares at a price range of US$19 to US$20 each (A$26.16 and A$27.53).
Atlassian could now raise between US$418 million and US$440 million.
The company originally offered 20 million shares at US$16.50 to US$18.50 each. At the middle of the range, the company expected to raise US$350 million.
At the new US$19.50 per share midpoint, the upgraded offering values Atlassian at US$4.1 billion.
Atlassian, which is based in Sydney, makes corporate collaboration software, bug tracking tools and chat apps.
The company's founders, Mike Cannon-Brookes and Scott Farquhar, have been pitching to US investors for the past week.
Atlassian is expected to debut under the ticker code TEAM on the Nasdaq later this week.
.JPG&w=100&c=1&s=0)
