Company: AGCC
Filing Date: 2025-06-03
Form Type: DRS/A
Source: 0001213900-25-050599
Chunk: 5

Company: Agencia Comercial Spirits Ltd.
Filing Date: 2025-06-03
Form: DRS/A
Chunk 5
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 deciding whether to buy our Class A Ordinary Share s. OVERVIEW Agencia Comercial Spirits Ltd is an exempted company with limited liability incorporated under the laws of the Cayman Islands. As Agencia Comercial Spirits Ltd is a holding company with no material operations of its own, our operations are conducted through our indirect wholly owned operating subsidiary Agencia Comercial Co., Ltd (“Agencia Taiwan”) in Taiwan. Agencia Taiwan was formally registered and established in July 2020, and is committed to offering imported whiskies of world -classquality and excellent services to its clients. Agencia Taiwan has grown rapidly since its inception, leveraging its extensive industry experience, strategic partnerships, and innovative business model to establish itself as a trusted and prominent player in the whisky market. Our mission is to enhance the whisky experience in Taiwan and other Asia -Pacificcountries by offering expert guidance, competitive pricing, and exceptional customer service. Our Group operates across three primary business areas: •Bottled Whisky Sales: Sourcing bottled whisky from local suppliers in Taiwan and reputable distilleries in the UK, the company, along with its downstream distributors, sells these products to bars, restaurants, nightclubs, VIP lounges, and corporate clients. •Raw Cask Whisky Sales: Starting in 2023, our Group expanded into the procurement and sale of raw cask whisky sourced directly from distilleries in the UK. These unprocessed casks are sold directly to other liquor and spirits distributors, enabling our Group to tap into a broader market segment. •Cask -to-bottleand distribution business: Beginning in 2025, our Group ventures into cast -to-bottleand distribution business which involves brand -authorizedwhisky bottling, packaging, and sales. Under this model, it obtains brand licenses, sources raw cask whisky directly from brand owners, and conducts bottling and packaging in Taiwan with the aid of local contract manufacturers. From 2020 to now, our development can be divided into following stages: •Start -upperiod (2020 -2022): During its initial years, our Group primarily focused on bottled whisky sales, following a business -to-business(B2B) model. By sourcing both locally and internationally, Operating Subsidiary developed a network of suppliers and clients. •Growth period (2023 -2024): Our Group expanded its operations to include the sale of raw cask whisky sourced directly from distilleries, accounting for a significant portion of its revenue. This diversification allowed it to offer unique, high