Thoma Bravo-owned identity security firm SailPoint is signaling that it’s moving closer to completing its planned IPO, with the company listing a proposed share range for the offering.

SailPoint Inc., an enterprise security software company owned by Thoma Bravo, and shareholders are seeking to raise as much as $1.05 billion in its initial public offering.

SailPoint said on Tuesday it was targeting a valuation of up to $11.5 billion in its New York flotation, as the cybersecurity firm looks to go public again in the United States after more than two years.