QuinStreet is shrinking the size of its IPO. The online marketing company now says it expects to raise about $165 million by selling stock to the public, down from the $250 million it initially expected to raise when it filed its S-1 back in November.

According to the revised filing (via PeHub), QuinStreet will sell 10 million shares at between $17 and $19 a share. Underwriters, including Credit Suisse, BofA Merrill Lynch and JP Morgan, also have an option to buy 1.5 million shares.

{/exp:get_graph} {/exp:tweet_quote}