TORTOLA, British West Indies—The planned initial public offering of shares in FGX International Holdings—parent company of the FosterGrant, Quantum Optics and Magnivision eyewear lines—has now increased to 10 million shares, according to a filing by FGX this week with the Securities and Exchange Commission. 
 
FGX plans to sell about 6.7 million shares; another 3.3 million shares will be sold by a group of its current stockholders, including primary shareholder Berggruen Holdings North America. The initial announcement of the IPO early this month said a total of 8.4 million shares would be offered. 
 
The IPO is expected to be priced at between $14 and $16 per share; no date has been set yet for when the stock goes on sale. The shares will be listed on the Nasdaq Exchange under the symbol FGXI.
 
FGX said its own portion of the IPO is expected to raise about $91 million after expenses, which will be used to repay outstanding debt. FGX will not share in the proceeds of the other stockholders’ sales.