Company: AGCC
Filing Date: 2025-07-10
Form Type: F-1
Source: 0001213900-25-062654
Chunk: 71

Company: Agencia Comercial Spirits Ltd.
Filing Date: 2025-07-10
Form: F-1
Chunk 71
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 offering, after deducting underwriting discounts, non -accountableexpense allowance, and the estimated offering expenses (including accountable expenses) payable by us. After giving effect to the sale of [1,750,000] Class A Ordinary Shares in this offering, and excluding any Class A Ordinary Shares that may be issued upon the exercise of the over -allotmentoption, and assuming an initial public offering price of US$[5.00] per Class A Ordinary Share, which represents the midpoint of the estimated price range, and after deducting underwriting discounts, non -accountableexpense allowance, and the estimated offering expenses (including accountable expenses) payable by us, our pro form as adjusted net tangible book value as of December31, 2024 would have been approximately US$[9.81] million, or US$[0.50] per Class A Ordinary Share. This would represent an immediate increase in net tangible book value of US$[0.34] per Class A Ordinary Share to our existing shareholders, and an immediate dilution of US$[4.50] per Class A Ordinary Share to investors purchasing Class A Ordinary Shares in this offering. The following table illustrates such dilution:

|                                                                                                                           |     | Per Class A 
    Ordinary 
       Share |
|                                                                                                                           |     |        -US$ |
| Assumed initial public offering price per Class A Ordinary Share                                                          |     |        5.00 |
| Net tangible book value per Class A Ordinary Share as of December 31, 2024                                                |     |        0.14 |
| Pro forma net tangible book value per Class A Ordinary Share before this offering                                         |     |        0.16 |
| Increase in net tangible book value per Class A Ordinary Share attributable to payments by new investors in this offering |     |        0.34 |
| Pro forma as adjusted net tangible book value per Class A Ordinary Share after giving effect to this offering             |     |        0.50 |
| Amount of dilution in net tangible book value per Class A Ordinary Share to new investors in this offering                |     |        4.50 |

A US$1.00 change in the assumed public offering price of US$[5.00] per Class A Ordinary Share would increase (decrease), in the case of an increase (decrease), our pro forma as adjusted net tangible book value by approximately US$[1.61] million, our pro forma as adjusted net tangible book value per Class