WASHINGTON (Reuters) ? Bermuda-registered Online graphic design company VistaPrint Inc., may offer up to 10 million shares for between $9 and $11 a share in an initial public offering according to a regulatory filing on Wednesday.

Existing shareholders intend to sell 4.5 million of the shares being offered while underwriters, led by Goldman Sachs & Co. and Bear Stearns & Co. Inc., have the option to buy an additional 1.5 million shares to cover over-allotments, according to the filing with the US Securities and Exchange Commission.

Assuming the offering prices at $10 a share, the midpoint of the expected range, the company would have an initial market capitalisation of about $340 million, according to projected share information provided in the prospectus.

The company lost $16.2 million on revenue of $90.9 million in the year ended June 30, 2005 including a $21 million loss on ?contract termination,? the filing said.

The company earned $3.4 million on revenue if $58.8 million in the year ended June 30, 2004.