Facebook shares are to be offered to the public for US $38 (€29) each.
That is at the high end of its expected range of $34 to $38.
It means investor demand is strong for the world’s largest online social network.
Facebook stands to reap as much as $18.4 billion (€14.4 billion) from the sale, if the extra shares reserved to cover additional demand are also sold.
The offering values the company at around $104 billion (€81 billion).