Soracom Inc (Ticker: 147A JP) is a telecommunications company based in Japan, specializing in the wireless equipment industry. The company is set to list on the Tokyo Stock Exchange on March 26, 2024. Soracom Inc aims to raise JPY 9.4 billion (approximately USD 62.71 million) through its Initial Public Offering (IPO). The offer price has been set at JPY 870.00 (USD 5.8038) per share, with a total of 10.81 million shares being offered. The IPO includes 4.73 million primary shares, accounting for 43.81% of the shares offered, and 6.07 million secondary shares, constituting 56.19% of the offering. Additionally, there is a greenshoe option of 1.62 million shares available. The offering is managed by Daiwa Securities Co Ltd and Mizuho Securities Co Ltd.

Soracom provides Internet of Things (IoT) solutions, enabling connectivity for a wide range of devices through services such as cellular connectivity for SIM card and eSIM devices, Wi-Fi, Ethernet, or satellite connections, and satellite messaging. The company also offers a suite of data and protocol management services. Soracom's mission is to equip technical innovators with the tools necessary to build a more connected world, showcasing a commitment to supporting various industries through its comprehensive IoT platform.