If a small, private Colorado Springs technology company like Celis Semiconductor were to go public, it would open a doorway to greater investor capital and a shot at exponential growth. But for small companies, there’s one daunting hurdle in the equation – Sarbanes-Oxley. Congress passed the Sarbanes-Oxley Act in 2002 to restore investor confidence after the Enron accounting scandal rocked the public-trading world. The act calls for greater corporate transparency and requires stricter accounting rules.
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