Solar Integrated Technologies, a California company currently listed on London’s increasingly popular (and less regulated) AIM exchange, has always had its sights on being listed in the United States. The worry: regulatory considerations, such as Sarbanes-Oxley compliance.
Not anymore, says Randall MacEwen, chief executive officer of the $81 million solar roofing systems company. “Compliance is now more of a modest consideration for us than it’s ever been,” he says. “We’re definitely considering listing in the more relaxed U.S. environment.” (The company has no specific plans for a public offering, MacEwen stresses.)
That relaxed environment is the result of significant reforms the ...