On Thursday, Fastclick, a provider of online pay-for-performance advertising services for businesses, priced 6.5 million shares at $12 per share, the low end of the anticipated $12 to $14 range. The Santa Barbara, CA-based company, which has built a network of more than 8,000 third-party websites reaching more than 115 million unique Internet users just this past January, sold 5,649,860 shares while selling stockholders offered the remaining 850,140 shares. On Friday, It will begin trading on under the ticker symbol “FSTC” on the NASDAQ. The joint book-running managers, Credit Suisse First Boston and Citigroup, along with co-managers Thomas Weisel and Jefferies Broadview, granted a 30-day option to purchase up to an additional 975,000 shares from Fastclick to cover over-allotments.
