QuinStreet, a leading provider of online lead generation services to the education and financial services sectors, raised a lower-than-expected $150 million by selling 10 million shares at $15, almost 17% below its original range of $17 to $19. The Foster City, CA based company, which booked $275 million in its most recent fiscal year, will list on the NASDAQ under the symbol QNST. Credit Suisse, BofA Merrill Lynch and J.P. Morgan acted as lead managers on the deal.
