American firms looking to go public are finding easier footing on British soil
From their small Boulder-office suite, Thomas Stoner and executives at Econergy International last year sketched out a plan to go public.
But Stoner, chief executive of the alternative-energy company, bypassed Wall Street.
Instead, he followed a path used by 19 U.S. companies last year: an offshore initial public offering on London's Alternative Investment Market, or AIM.
By going public overseas, Econergy avoided a slew of federal regulations, including the Sarbanes-Oxley Act of 2002, which came in the wake of accounting scandals at Enron, WorldCom and others.
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