Acushnet Holdings Corp., the parent of Titleist and FootJoy, expects to raise as much as $464 million in an initial public offering (IPO), which could potentially value the company at up to $1.78 billion.

The company said it expects to sell 19.33 million shares at a projected price range of between $21 and $24 per share, according to an updated filing with the Securities & Exchange Commission.

The company filed its IPO in June but had not yet provided details on the number of shares being sold, the selling shareholders or the projected price range.

All the shares are being sold by selling shareholders. Thanks to a series of related transactions in advance of the offering, the majority of voting shares will be retained by Fila Korea Ltd., which has owned Acushnet since 2011.

The underwriters in the offering will have a 30-day over-allotment option to purchase up to an additional 2.9 million shares of common stock from the selling stockholders.

J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC are acting as lead book-running managers and as representatives of the underwriters for the proposed IPO.

Nomura Securities International Inc. and UBS Securities LLC are also acting as lead book-running managers. Credit Suisse Securities (USA) LLC, Daiwa Capital Markets America Inc., Deutsche Bank Securities Inc., Jefferies LLC and Wells Fargo Securities LLC are acting as joint book-running managers. D.A. Davidson & Co., KeyBanc Capital Markets Inc., Raymond James & Associates Inc. and SunTrust Robinson Humphrey Inc. are acting as co-managers.

The company will trade on the New York Stock Exchange under the symbol GOLF.