Pivotal Software, a Dell Technologies brand, expects to raise up to $592 million in its initial public offering.

In documents filed today with the U.S. Securities and Exchange Commission (SEC), the cloud-native software company said it will price 37 million Class A shares between $14 and $16 per share. The company plans to list on the New York Stock Exchange under the symbol “PVTL.” It filed for an IPO last month.

Pivotal started as an EMC-VMware spinoff in 2013. Dell became the majority owner of Pivotal when it merged with EMC in 2016. Other investors include Microsoft, Ford Motor Company, and General Electric.

The Pivotal IPO will help Dell Technologies pay down its debt incurred from the EMC acquisition. The tech giant is also considering a reverse merger with VMware, of which Dell Technologies owns about 80 percent.

But that option has sparked significant outrage from some VMware investors. A reverse merger with Dell EMC would be “a terrible deal for VMware shareholders,” according to Jericho Capital Asset Management. In a letter to VMware’s board of directors, the investment firm said the potential transaction would “significantly damage” VMware and suggests alternative acquisition targets including Red Hat and Palo Alto Networks.