Fastclick, Inc. (
FSTC: chart), a Santa Barbara, California-based provider of web advertising, priced its IPO of 6.5 million shares at $12, the low end of the anticipated $12-$14 price range raising about $78 million.
Credit Suisse First Boston and Citigroup acted as joint book-running managers, with Thomas Weisel Partners LLC and Jefferies Broadview acting as co-managers.
The Fastclick IPO closed its opening day at $12, flat with its initial offering price.
New Rome Bancorp, Inc. (
ROMED: chart), which is to be the holding company for The Rome Savings Bank, sold a total of 5,900,000 shares at a purchase price of $10.00 per share.
This was offering was managed by Ryan Beck & Co.
The New Rome Bancorp IPO closed its opening day at $10.05, almost flat with its initial offering price.
Prudential Bancorp, Inc. of Pennsylvania (
PBIP: chart) priced 5.7 million shares at $10 a share, raising $5.6 million in its initial public offering. The company is a Pennsylvania-based corporation which will be the mid-tier holding company for Prudential Savings Bank. Prudential Bancorp currently is not an operating company and has not engaged in any business to date.
Prudential Bancorp closed at $9.85 on Friday.
IPOs ON DECK:
The Chicago-based rail car manufacturer
FreightCar America, Inc. (
RAIL: chart) is expected to price 6 million shares of its common stock for $16 - $18 a share in an IPO the week of April 4 – 8, 2005.
The deal’s underwriters will be led by UBS Investment Bank.
IPO Filings so far in 2005: 40
IPO Filings March 2005: 21
IPO Pricings so far in 2005: 42
IPO Pricings March 2005: 8