Online goods marketplace Etsy Inc. released more details on its upcoming initial public offering (IPO) Wednesday, including the cost per share, how many shares will be available, and an open valuation for its public debut.

According to a release from the company, Etsy shares will be offered to the public at $16.00 per share.

Etsy is offering 13,333,333 shares and selling stockholders are offering 3,333,333 shares, although Etsy doesn’t receive any funds from the shares sold by stockholders. If successful Etsy will raise $267 million from the IPO, higher than previously reported figures of $100 million.

The IPO values the company at $1.8 billion.

Goldman, Sachs & Co. and Morgan Stanley & Co. LLC are managing the IPO, with Allen & Company LLC, Loop Capital Markets LLC and The Williams Capital Group, L.P. acting as co-managers.

As we wrote when we covered the IPO filing March 4th, the company reported a $4.9 million net loss on $108.7 million net revenue in 2014, while in 2013 they recorded a $796,000 loss on $78.5 million in net revenue.

Founded in 2005, Etsy focuses on selling handmade and vintage items, as well as arts and crafts supplies. Items available for their site include art, photography, clothing, jewelry, edibles, quilts, and toys. Etsy makes it money by charges users a flat listing fee of 20 cents per item, and takes a commission of 3.5 percent of all items sold.

In 2014, Etsy had 54 million members, 1.4 million sellers, and 19.8 million buyers.

The company has raised $97.3 million over eight rounds, from investors including Index Ventures, Union Square Ventures, Accel Partners, and Hubert Burda Media.

Etsy shares, to be listed under the stock ticker ETSY will list on the NASDAQ Thursday morning.

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